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Intergenerational Persistence in Educational Attainment in Italy

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Author Info
Checchi, Daniele () (University of Milan)
Fiorio, Carlo V. () (University of Milan)
Leonardi, Marco () (University of Milan)

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Abstract

In this paper we show that there is a reduction in the correlation coefficient between father and children schooling levels over time in Italy. However, focusing on equality of circumstances, we show that there is still a persistent difference in the odds of attaining a college degree between children of college educated parents and children of parents with lower secondary education attainment. The explanation of these trends lies in differential impact of liquidity constraints and risk aversion. Some descriptive evidence on the persistent differential in returns to college education depending on father’s education is also provided.

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Publisher Info
Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 3622.

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Length: 40 pages
Date of creation: Jul 2008
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Handle: RePEc:iza:izadps:dp3622

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Related research
Keywords: educational attainment; Italy; family background;

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Find related papers by JEL classification:
J62 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Job, Occupational and Intergenerational Mobility; Promotion
I38 - Health, Education, and Welfare - - Welfare and Poverty - - - Government Programs; Provision and Effects of Welfare Programs

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Marco Leonardi, 2007. "Do Parents Risk Aversion and Wealth Explalin Secondary School Choice?," Giornale degli Economisti, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, vol. 66(2), pages 177-206, July.
  2. Massimiliano Bratti & Daniele Checchi & Guido de Blasio, 2008. "Does the expansion of higher education increase the equality of educational opportunities? Evidence from Italy," Temi di discussione (Economic working papers) 679, Bank of Italy, Economic Research Department. [Downloadable!]
    Other versions:
  3. Gould, Eric D & Moav, Omer & Weinberg, Bruce A, 2001. " Precautionary Demand for Education, Inequality, and Technological Progress," Journal of Economic Growth, Springer, vol. 6(4), pages 285-315, December. [Downloadable!] (restricted)
  4. Sandra E. Black & Paul J. Devereux & Kjell G. Salvanes, 2005. "Why the Apple Doesn't Fall Far: Understanding Intergenerational Transmission of Human Capital," American Economic Review, American Economic Association, vol. 95(1), pages 437-449, March. [Downloadable!]
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  5. Samuel Bowles & Herbert Gintis, 2002. "The Inheritance of Inequality," Journal of Economic Perspectives, American Economic Association, vol. 16(3), pages 3-30, Summer. [Downloadable!] (restricted)
  6. Tom Hertz & Tamara Jayasundera & Patrizio Piraino & Sibel Selcuk & Nicole Smith & Alina Verashchagina, 2008. "The Inheritance of Educational Inequality: International Comparisons and Fifty-Year Trends," The B.E. Journal of Economic Analysis & Policy, Berkeley Electronic Press, vol. 7(2). [Downloadable!]
  7. Erik Plug & Wim Vijverberg, 2003. "Schooling, Family Background, and Adoption: Is It Nature or Is It Nurture?," Journal of Political Economy, University of Chicago Press, vol. 111(3), pages 611-641, June. [Downloadable!] (restricted)
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  8. Becker, Gary S & Tomes, Nigel, 1986. "Human Capital and the Rise and Fall of Families," Journal of Labor Economics, University of Chicago Press, vol. 4(3), pages S1-39, July. [Downloadable!] (restricted)
    Other versions:
  9. Anders Björklund & Mikael Lindahl & Erik Plug, 2006. "The Origins of Intergenerational Associations: Lessons from Swedish Adoption Data," The Quarterly Journal of Economics, MIT Press, vol. 121(3), pages 999-1028, 08. [Downloadable!] (restricted)
    Other versions:
  10. Robert Haveman & Barbara Wolfe, 1995. "The Determinants of Children's Attainments: A Review of Methods and Findings," Journal of Economic Literature, American Economic Association, vol. 33(4), pages 1829-1878, December. [Downloadable!] (restricted)
  11. Arnaud Chevalier, 2004. "Parental Education and Childs Education: A Natural Experiment," CEE Discussion Papers 0040, Centre for the Economics of Education, LSE. [Downloadable!]
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  12. Jo Blanden & Stephen Machin, 2004. "Educational Inequality and the Expansion of UK Higher Education," Scottish Journal of Political Economy, Scottish Economic Society, vol. 51(2), pages 230-249, 05. [Downloadable!] (restricted)
  13. Luigi Guiso & Monica Paiella, 2007. "Risk Aversion, Wealth, and Background Risk," Economics Working Papers ECO2007/47, European University Institute. [Downloadable!]
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  14. Arnaud Chevalier & Kevin Denny & Dorren McMahon, 2003. "A Multi-Country Study of Inter-Generational Educational Mobility," Working Papers 200314, School Of Economics, University College Dublin. [Downloadable!]
  15. Bruce Sacerdote, 2002. "The Nature and Nurture of Economic Outcomes," American Economic Review, American Economic Association, vol. 92(2), pages 344-348, May. [Downloadable!]
  16. Christian Belzil & Marco Leonardi, 2006. "Can Risk Aversion Explain Schooling Attainments? Evidence From Italy," Working Papers 0607, Groupe d'Analyse et de Théorie Economique (GATE), Centre national de la recherche scientifique (CNRS), Université Lyon 2, Ecole Normale Supérieure. [Downloadable!]
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  17. Philip Oreopoulos & Marianne E. Page & Ann Huff Stevens, 2003. "Does Human Capital Transfer from Parent to Child? The Intergenerational Effects of Compulsory Schooling," NBER Working Papers 10164, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  18. Bjorklund, Anders & Jantti, Markus, 1997. "Intergenerational Income Mobility in Sweden Compared to the United States," American Economic Review, American Economic Association, vol. 87(5), pages 1009-18, December. [Downloadable!] (restricted)
  19. Guido Heineck & Regina T. Riphahn, 2007. "Intergenerational Transmission of Educational Attainment in Germany: The Last Five Decades," Discussion Papers of DIW Berlin 738, DIW Berlin, German Institute for Economic Research. [Downloadable!]
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  20. Pedro Carneiro & James J. Heckman, 2002. "The Evidence on Credit Constraints in Post-Secondary Schooling," NBER Working Papers 9055, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  21. Luca Flabbi & Daniele Checchi, 2007. "Intergenerational Mobility and Schooling Decisions in Germany and Italy: the Impact of Secondary School Tracks," Working Papers gueconwpa~07-07-08, Georgetown University, Department of Economics. [Downloadable!]
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  22. Simona Comi, 2004. "Intergenerational mobility in Europe: evidence from ECHP," CHILD Working Papers wp18_04, CHILD - Centre for Household, Income, Labour and Demographic economics - ITALY. [Downloadable!]
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  23. Jo Blanden & Paul Gregg & Lindsey Macmillan, 2007. "Accounting for Intergenerational Income Persistence: Noncognitive Skills, Ability and Education," IZA Discussion Papers 2554, Institute for the Study of Labor (IZA). [Downloadable!]
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  24. Patrizio Piraino, 2007. "Comparable Estimates of Intergenerational Income Mobility in Italy," The B.E. Journal of Economic Analysis & Policy, Berkeley Electronic Press, vol. 7(2). [Downloadable!]
  25. Thomas DiPrete, 2006. "Generational income mobility in North America and Europe," Journal of Economic Inequality, Springer, vol. 4(3), pages 397-399, December. [Downloadable!] (restricted)
  26. Jere R. Behrman & Mark R. Rosenzweig, 2002. "Does Increasing Women's Schooling Raise the Schooling of the Next Generation?," American Economic Review, American Economic Association, vol. 92(1), pages 323-334, March. [Downloadable!]
  27. Checchi, Daniele & Ichino, Andrea & Rustichini, Aldo, 1999. "More equal but less mobile?: Education financing and intergenerational mobility in Italy and in the US," Journal of Public Economics, Elsevier, vol. 74(3), pages 351-393, December. [Downloadable!] (restricted)
Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Nicolas Hérault & Guyonne Kalb, 2009. "Intergenerational Correlation of Labour Market Outcomes," Melbourne Institute Working Paper Series wp2009n14, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne. [Downloadable!]
  2. Bratti, Massimiliano & Checchi, Daniele & de Blasio, Guido, 2008. "Does the Expansion of Higher Education Increase the Equality of Educational Opportunities? Evidence from Italy," IZA Discussion Papers 3361, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  3. Vito Peragine & Laura Serlenga, 2007. "Higher Education and Equality of Opportunity in Italy," IZA Discussion Papers 3163, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  4. Caroleo, Floro Ernesto & Pastore, Francesco, 2009. "Le cause del (l’in-)successo lavorativo dei giovani
    [The determinants of youth success in the labour market]    ," MPRA Paper 14218, University Library of Munich, Germany. [Downloadable!]
  5. Rolf Aaberge & Ugo Colombino & John E. Roemer, 2008. "Optimal Taxation According to Equality of Opportunity: A Microeconometric Simulation Analysis," CHILD Working Papers wp05_08, CHILD - Centre for Household, Income, Labour and Demographic economics - ITALY. [Downloadable!]
    Other versions:
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