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We review the economic literature on the impacts of the several dimensions of education upon intergenerational inequality persistency. It is firstly outlined that the critical increase in the population education level in all countries has not come with lower inequality. The basic tools of...
Persistent link: https://www.econbiz.de/10014157044
In the case of France, we analyse the changes in the wage value of each education level and the impact of parents’ education and income upon the education attainment of children, sons and daughters. We find a critical decline in the skill premium of the Baccalauréat (‘bac’) in relation to...
Persistent link: https://www.econbiz.de/10014146803
This paper proposes an explanation for the decrease in social mobility that has occurred in the last two decades in a number of advanced economies, as well as for the divergence in mobility dynamics across countries. Within an intergenerational framework, we show that a two-tier higher education...
Persistent link: https://www.econbiz.de/10010222879