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On intergenerational mobility in Italy: what a difficult future for the young

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Listed author(s):
  • Federica Roccisano

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    (Catholic University, Doctoral School in Economic Policy, Department of Economics and Social Sciences)

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    Abstract

    The objective of this paper is to make a description of the economic perspective of young people in Italy. To do this we will analyze two important problems. First of all we analyze the level of public debt and the meaning of this for the present young generations as well for the future generations. Then we investigate the intergenerational mobility. After it, we'll estimate the intergenerational income elasticity for Italy using the TS2SLS estimator methodology. The analysis of the results highlights the particular situation of Italy in which the parental status can strongly influence the economic future of sons.

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    File URL: http://reaser.eu/RePec/rse/wpaper/R6_18_Roccisano_p203-216.pdf
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    Article provided by Pro Global Science Association in its journal Published in Review of Applied Socio-Economic Research.

    Volume (Year): 6 (2013)
    Issue (Month): 2 (December)
    Pages: 203-216

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    Handle: RePEc:rse:wpaper:v:6:y:2013:i:2:p:
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    Keywords: intergenerational equity; inequality; intergenerational mobility; public policy;

    Find related papers by JEL classification:

    • J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion
    • J68 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Public Policy

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    1. Steven Haider & Gary Solon, 2006. "Life-Cycle Variation in the Association between Current and Lifetime Earnings," American Economic Review, American Economic Association, vol. 96(4), pages 1308-1320, September.
    2. Gary S. Becker & Nigel Tomes, 1994. "Human Capital and the Rise and Fall of Families," NBER Chapters,in: Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education (3rd Edition), pages 257-298 National Bureau of Economic Research, Inc.
    3. Piraino Patrizio, 2007. "Comparable Estimates of Intergenerational Income Mobility in Italy," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 7(2), pages 1-27, October.
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    7. Black, Sandra E. & Devereux, Paul J., 2011. "Recent Developments in Intergenerational Mobility," Handbook of Labor Economics, Elsevier.
    8. Costa, Dora L, 1998. "The Evolution of Retirement: Summary of a Research Project," American Economic Review, American Economic Association, vol. 88(2), pages 232-236, May.
    9. Björklund Anders & Jäntti Markus & Solon Gary, 2007. "Nature and Nurture in the Intergenerational Transmission of Socioeconomic Status: Evidence from Swedish Children and Their Biological and Rearing Parents," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 7(2), pages 1-23, November.
    10. Jo Blanden, 2013. "Cross-Country Rankings In Intergenerational Mobility: A Comparison Of Approaches From Economics And Sociology," Journal of Economic Surveys, Wiley Blackwell, vol. 27(1), pages 38-73, 02.
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