Do Parental Networks Pay Off? Linking Children's Labor-Market Outcomes to Their Parents' Friends
| Autor: | Lennart Ziegler, Bas van der Klaauw, Erik Plug |
|---|---|
| Přispěvatelé: | Economics, Tinbergen Institute, Behavioural Economics, Human Capital (ASE, FEB) |
| Jazyk: | angličtina |
| Rok vydání: | 2018 |
| Předmět: |
Long lasting
Informal job search Economics and Econometrics Labour economics social networks SDG 16 - Peace Affect (psychology) jel:J62 jel:J24 intergenerational effects Network measurement 0502 economics and business Economics Endogeneity 050207 economics 050205 econometrics 050208 finance Earnings 05 social sciences SDG 16 - Peace Justice and Strong Institutions jel:A14 SDG 10 - Reduced Inequalities Justice and Strong Institutions occupational choice 8. Economic growth occupational choice informal job search intergenerational effects social networks |
| Zdroj: | Scandinavian Journal of Economics, 120(1), 268-295. Wiley-Blackwell Plug, E, van der Klaauw, B & Ziegler, L 2018, ' Do Parental Networks Pay Off? Linking Children's Labor-Market Outcomes to Their Parents' Friends ', Scandinavian Journal of Economics, vol. 120, no. 1, pp. 268-295 . https://doi.org/10.1111/sjoe.12227 |
| ISSN: | 0347-0520 |
| Popis: | This paper examines whether children are better off if their parents have stronger social networks. Using data on high-school friendships of parents, we analyze whether the number and characteristics of friends affect the labor-market outcomes of children. While parental friendships formed in high school appear long lasting, we find no significant impact on their children's occupational choices and earnings prospects. These results do not change when we account for network endogeneity, network persistency and network measurement error. Only when children enter the labor market, we find that friends of parents have a marginally significant but small influence on the occupational choice of children. |
| Databáze: | OpenAIRE |
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