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DTSTAMP:20251109T094411Z
DESCRIPTION:'The Intergenerational Transmission of Employers and the Earnin
 gs of Young Workers'\n\nMatthew Staiger (Opportunity Insights)\n	September 
 12\, 2023\, 12:00 to 1:00 PM\n	Leacock 429\n\nAbstract: To what extent do c
 onnections in the labor market shape intergenerational mobility? I use emp
 loyer-employee linked data to study one important type of connection: jobs
  obtained at a parent’s employer. 29 percent of individuals work for a par
 ent’s employer at least once by age 30. Exploiting transitory and idiosync
 ratic variation in the availability of jobs at the parent’s employer\, I e
 stimate that working for a parent’s employer increases initial earnings by
  19 percent. The results are attributable to parents using their connectio
 ns to provide access to higher-paying firms. Individuals with higher-earni
 ng parents are more likely to work for a parent’s employer and experience 
 larger earnings gains when they do. Consequently\, the elasticity of initi
 al earnings with respect to parental earnings would be 7.2 percent lower i
 f no one found a job through these connections. The findings raise the pos
 sibility that connections to firms through one’s social network could be a
 n important determinant of intergenerational mobility.\n
DTSTART:20230912T160000Z
DTEND:20230912T170000Z
LOCATION:Room 429\, Leacock Building\, CA\, QC\, Montreal\, H3A 2T7\, 855 r
 ue Sherbrooke Ouest
SUMMARY:Matthew Staiger (Opportunity Insights)\, 'The Intergenerational Tra
 nsmission of Employers and the Earnings of Young Workers'
URL:/economics/channels/event/matthew-staiger-opportun
 ity-insights-intergenerational-transmission-employers-and-earnings-young-3
 50083
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