Grübl, Dominik; Lackner, Mario; Winter-Ebmer, Rudolf - 2020
We estimate the causal effect of parents' unemployment on unemployment among their children in their own adulthood. We … use administrative data for Austrian children born between 1974 and 1984 and apply an instrumental variables (IV …) identification strategy using parents' job loss during a mass layoff as the instrument. We find evidence of unemployment inheritance …