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Intergenerational Transmission of Unemployment - Causal Evidence from Austria
[working paper]
Corporate Editor
Institut für Höhere Studien (IHS), Wien
Abstract 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) identifcation strategy using parents' job loss during a mass layoff... view more
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) identifcation strategy using parents' job loss during a mass layoff as the instrument. We find evidence of unemployment inheritance in the next generation. An additional day of unemployment during childhood causally raises the average unemployment days of the adult child by 1 to 2%. The greatest effects are observed for unmarried parents, young children, children of low-education parents, and in families living in capital cities. We also explore various channels of intergenerational unemployment, such as education, income, and job matching by parents.... view less
Keywords
unemployment; generation; Austria; parents; child; heredity; education; income; employment service
Classification
Labor Market Research
Social Problems
Document language
English
Publication Year
2020
City
Wien
Page/Pages
26 p.
Series
IHS Working Paper, 14
Status
Published Version; reviewed