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Talking about the Pigou Paradox: Socio-Educational Background and Educational Outcomes of AlmaLaurea

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  • Caroleo, Floro Ernesto

    ()
    (University of Naples Parthenope)

  • Pastore, Francesco

    ()
    (University of Naples II)

Abstract

Italy has an immobile social structure. At the heart of this immobility is the educational system, with its high direct, but especially indirect cost, due to the extremely long time necessary to get a degree and to complete the subsequent school-to-work transition. Such cost prevents the educational system from reallocating the best opportunities to all talented young people and from altering the "typical" market mechanism of intergenerational transfer of human capital and social status. About ten years after the Bologna declaration and the "3+2" reform of the university system, AlmaLaurea data relative to 2008 shows a framework not much different from that of 2000. This is apparent by looking at the socio-educational background of university graduates. Parents' educational level seems to be the main determinant of the probability to get a university degree and to get it with the highest possible grade. As previous studies have also shown, the effect of the socio-educational background on children success at the university is not direct, but through the high school track. In fact, although any secondary high school gives access to the university, nonetheless lyceums provide students with far higher quality of education than technical and professional schools.

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Bibliographic Info

Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 6021.

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Length: 30 pages
Date of creation: Oct 2011
Date of revision:
Publication status: published in: International Journal of Manpower, 2012, 33 (1), 27-50
Handle: RePEc:iza:izadps:dp6021

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Keywords: "3+2" university reform; intergenerational transfers; social status; human capital; Bologna declaration; AlmaLaurea; Italy;

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References

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Cited by:
  1. Floro Ernesto Caroleo & Francesco Pastore, 2014. "Overeducation at a glance. Determinants and wage effects of the educational mismatch, looking at the AlmaLaurea data," Working Papers, AlmaLaurea Inter-University Consortium 58, AlmaLaurea Inter-University Consortium.
  2. Aina, Carmen & Pastore, Francesco, 2012. "Delayed Graduation and Overeducation: A Test of the Human Capital Model versus the Screening Hypothesis," IZA Discussion Papers 6413, Institute for the Study of Labor (IZA).
  3. Floro Ernesto Caroleo, 2012. "Il difficile passaggio verso il lavoro dei giovani che lasciano la scuola: Quali possibili politiche?," Discussion Papers, CRISEI, University of Naples "Parthenope", Italy 5_2012, CRISEI, University of Naples "Parthenope", Italy.

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