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More Equal but Less Mobile? Education Financing and Intergenerational Mobility in Italy and in the United States

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Author Info

  • Checchi, Daniele
  • Ichino, Andrea
  • Rustichini, Aldo

Abstract

A state school system should be expected to reduce income inequality and to make intergenerational mobility easier. It is therefore somewhat surprising to observe that Italy, in comparison to the United States, displays less inequality between occupational incomes, but lower intergenerational upward mobility, not only between occupations, but also between education levels. In this paper we provide evidence on this empirical puzzle, and offer a theoretical explanation building around the idea that even if in Italy moving up on the social ladder is easier, the incentive to move may be lower, making mobility less likely.it

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Bibliographic Info

Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 1496.

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Date of creation: Oct 1996
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Handle: RePEc:cpr:ceprdp:1496

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Keywords: Education Financing; Intergenerational Mobility; Italy; United States;

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Citations

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Leitura do dia
    by Erik Figueiredo in Moral Hazard on 2008-09-22 18:46:00
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Cited by:
  1. Ichino, Andrea & Winter-Ebmer, Rudolf, 1998. "Lower and Upper Bounds of Returns to Schooling: An Exercise in IV estimation with Different Instruments," CEPR Discussion Papers 2007, C.E.P.R. Discussion Papers.
  2. Dirk Van de gaer & Michel Martinez & Erik Schokkaert, 1998. "Measuring Intergenerational Mobility and Equality of Opportunity," Center for Economic Studies - Discussion papers ces9810, Katholieke Universiteit Leuven, Centrum voor Economische Studiën.
  3. Weizsäcker, Robert K. von, 1997. "Chancengleichheit, Statusmobilität und öffentliche Bildungsinvestitionen," Discussion Papers 557, Institut fuer Volkswirtschaftslehre und Statistik, Abteilung fuer Volkswirtschaftslehre.
  4. Dilip Mokherjee & Stefan Napel, 2006. "Intergenerational Mobility and Macroeconomic History Dependence," Discussion Papers 1, Aboa Centre for Economics.
  5. K. Wälde & M. Kemp & M. Perlman & R. Disney & D. Checchi & M. Vendrik & J. Hölscher, 1999. "Book reviews," Journal of Economics, Springer, vol. 69(2), pages 189-216, June.
    • M. Shubik & G. Uhlich & M. Kemp & W. Enders & U. Kamecke & G. Fraja & W. Walker & J. Burbidge, 1997. "Book reviews," Journal of Economics, Springer, vol. 66(2), pages 206-221, June.
    • A. Sadrieh & G. Corneo & M. Kemp & B. Felderer & R. Inman & S. Jenkins, 1999. "Book reviews," Journal of Economics, Springer, vol. 70(1), pages 91-107, February.
    • H. Park & D. Checchi & E. Colombatto & E. Amann, 2001. "Book reviews," Journal of Economics, Springer, vol. 74(3), pages 316-329, October.
  6. Riccarda Longaretti, 2002. "Distribuzione della ricchezza e crescita quando i mercati dei capitali sono imperfetti. Una rassegna della letteratura recente," Working Papers 44, University of Milano-Bicocca, Department of Economics, revised Feb 2002.
  7. D. Fiaschi & R. Orsini, 1998. "Long Run Growth and Income Distribution in an Olg Model With Strategic Job-Seeking and Credit Rationing," Working Papers 331, Dipartimento Scienze Economiche, Universita' di Bologna.

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