Dear colleagues,
We hereby invite you to join our next Economics
of Inequality Research Seminar at WU Vienna.
Jean-William Laliberté (University of Calgary)
will present the paper
Social Connections and the Persistence of Income Across Generations.
Date and Time:
Monday, April 7; 3.00 p.m.
Location: WU Vienna,
D3 - D3.0.222.
Abstract
Are children of high-income families more likely to work at better-paying firms, and if so, why? This paper examines the role of one key potential explanation: differences in social
networks. To do so, we use Canadian administrative data to construct an employee-employer-parent-child matched dataset, which we link to detailed educational records. We first show that, in an accounting sense, access to high-paying employers explains roughly
half of the transmission of income across generations, as measured by the income rank-rank relationship. We then leverage rich education data to identify the impact of social connections on the probability of working at a given firm by comparing people who
have the exact same degree but not the same connections. We find parental connections alone explain 10% of the firm-sorting component of intergenerational income rank-rank relationship. Finally, firm performance declines when parent business owners hire their
own children, suggesting these children receive preferential treatment.
Please register your participation
here.
Best regards,
Franziska Disslbacher
----
Franziska Disslbacher, PhD
Assistant Professor
Institute for Spatial & Social-Ecological Transformations
&
Research Institute Economics of Inequality
WU, Vienna University of Economics and Business
Welthandelsplatz 1, 1020 Vienna, Austria
CenTax Center for the Analysis of Taxation – University Warwick |
LSE International Inequalities Institute – Research Fellow |
Stone Center on Socio-Economic Inequality CUNY |
SOEP / DIW – Associated Researcher
World Inequality Lab PSE– Research Fellow
+43 1 313 36 6669
franziska.disslbacher@wu.ac.at