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Intergenerational Persistence in Educational Attainment in Italy

Listed author(s):
  • Checchi, Daniele

    ()

    (University of Milan)

  • Fiorio, Carlo V.

    ()

    (University of Milan)

  • Leonardi, Marco

    ()

    (University of Milan)

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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File URL: http://ftp.iza.org/dp3622.pdf
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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
Publication status: published as 'Intergenerational persistence of educational attainment in Italy' in: Economics Letters, 2013, 118 (1), 229-232
Handle: RePEc:iza:izadps:dp3622
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  1. Arnaud Chevalier, 2004. "Parental Education and Childs Education: A Natural Experiment," CEE Discussion Papers 0040, Centre for the Economics of Education, LSE.
  2. Daniele Checchi & Luca Flabbi, 2013. "Intergenerational Mobility and Schooling Decisions in Germany and Italy: The Impact of Secondary School Tracks," Rivista di Politica Economica, SIPI Spa, issue 3, pages 7-57, July-Sept.
  3. 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.
  4. Belzil, Christian & Leonardi, Marco, 2006. "Can Risk Aversion Explain Schooling Attainments? Evidence from Italy," IZA Discussion Papers 2123, Institute for the Study of Labor (IZA).
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  6. Gary S. Becker & Nigel Tomes, "undated". "Human Capital and the Rise and Fall of Families," University of Chicago - Population Research Center 84-10, Chicago - Population Research Center.
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  10. 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.
  11. 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.
  12. Bhashkar Mazumder, 2005. "Fortunate Sons: New Estimates of Intergenerational Mobility in the United States Using Social Security Earnings Data," The Review of Economics and Statistics, MIT Press, vol. 87(2), pages 235-255, May.
  13. Jo Blanden & Paul Gregg & Lindsey Macmillan, 2006. "Accounting for intergenerational income persistence: non-cognitive skills, ability and education," LSE Research Online Documents on Economics 19401, London School of Economics and Political Science, LSE Library.
  14. Guido Heineck & Regina T. Riphahn, 2007. "Intergenerational Transmission of Educational Attainment in Germany: The Last Five Decades," SOEPpapers on Multidisciplinary Panel Data Research 37, DIW Berlin, The German Socio-Economic Panel (SOEP).
  15. Jo Blanden & Stephen Machin, 2013. "Educational Inequality and The Expansion of UK Higher Education," Scottish Journal of Political Economy, Scottish Economic Society, vol. 60(5), pages 578-596, November.
  16. Hertz Tom & Jayasundera Tamara & Piraino Patrizio & Selcuk Sibel & Smith Nicole & Verashchagina Alina, 2008. "The Inheritance of Educational Inequality: International Comparisons and Fifty-Year Trends," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 7(2), pages 1-48, January.
  17. 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.
  18. 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.
  19. Sandra E. Black & Paul J. Devereux, 2010. "Recent Developments in Intergenerational Mobility," NBER Working Papers 15889, National Bureau of Economic Research, Inc.
  20. Patrizio Piraino, 2006. "Comparable Estimates of Intergenerational Income Mobility in Italy," Department of Economics University of Siena 471, Department of Economics, University of Siena.
  21. Massimiliano Bratti & Daniele Checchi & Guido de Blasio, 2008. "Does the Expansion of Higher Education Increase the Equality of Educational Opportunities? Evidence from Italy," LABOUR, CEIS, vol. 22(s1), pages 53-88, 06.
  22. Bruce Sacerdote, 2000. "The Nature and Nurture of Economic Outcomes," NBER Working Papers 7949, National Bureau of Economic Research, Inc.
  23. 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 1009-1018, December.
  24. Thomas DiPrete, 2006. "Generational income mobility in North America and Europe," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 4(3), pages 397-399, December.
  25. Björklund, Anders & Lindahl, Mikael & Plug, Erik, 2005. "The Origins of Intergenerational Associations: Lessons from Swedish Adoption Data," IZA Discussion Papers 1739, Institute for the Study of Labor (IZA).
  26. 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.
  27. 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.
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