| More Equal but Less Mobile? - Education Financing and Intergenerational Mobility in Italy and in the US. (1998) | |||||||||||||
Abstract | |||||||||||||
| A state school system should be expected to reduce income inequality and to make intergenerational mobility easier. It is therefore somewhat surprising to observe that Italy, in comparison to the US, displays less inequality between occupational incomes but a lower degree of intergenerational upward mobility not only between occupations but also between education levels. In this paper we provide evidence on this empirical puzzle and we oer one theoretical explanation building around the idea that even if in Italy moving up the social ladder is easier, the incentive to move may be lower making mobility less likely. JEL Classication: I22, J62. Keywords: education nancing, intergenerational mobility. Address correspondence to: Andrea Ichino, Istituto Universitario Europeo, Via dei Roccettini 9, 50016 San Domenico di Fiesole, Firenze, Italia, e-mail: ichino@datacomm.iue.it. We would like to thank an anonymous referee, Daron Acemoglu, Anthony Atkinson, Roland Benabou, Giuseppe Berto... | |||||||||||||
Publication details | |||||||||||||
| |||||||||||||