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The intergenerational transmission of liberal professions: nepotism versus abilities (Joint with Carmen Aina)

Thursday 6 June 2013, 1.15PM to 2.15pm

Speaker(s): Professor Cheti Nicoletti, University of York

Abstract: This paper analyzes the transmission of liberal professions from fathers to sons and from fathers to daughters. By using administrative data with details on the whole population of graduates in 2002 and 2003 in 22 Italian Universities together with follow up interviews up to 5 years after their graduation, we consider different channels through which this transmission operates. In particular we focus on the intergenerational transfers of financial resources, formal and informal human capital, and job preferences. Even after controlling for these intergenerational transfers, we find that nepotism and networking play an important role.

Location: Economics Staff Room (EC/202)

Admission: Economics Thursday Workshop. For Staff and Postgraduate students