Dear colleagues, We hereby invite you to join our next Economics of Inequality Research Seminar<https://www.wu.ac.at/en/ineq/outreach/ineq-research-seminar> at WU Vienna. Jean-William Laliberté<https://sites.google.com/view/jwlaliberte> (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<https://campus.wu.ac.at/?q=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<https://www.wu.ac.at/ineq/outreach/ineq-research-seminar/registration-laliberte>. 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<mailto:franziska.disslbacher@wu.ac.at> franziskadisslbacher.com<http://franziskadisslbacher.com>