2022 KLEIN LECTURE PARENTAL EDUCATION AND INVENTION: THE FINNISH ENIGMA

被引:3
作者
Aghion, Philippe
Akcigit, Ufuk
Hyytinen, Ari
Toivanen, Otto
机构
[1] London Sch Econ, Paris, France
[2] Univ Chicago, Chicago, IL 60637 USA
[3] Hanken Sch Econ, Helsinki, Finland
[4] Helsinki Grad Sch Econ, Helsinki, Finland
[5] Aalto Univ, Sch Business, Helsinki, Finland
关键词
INTERGENERATIONAL TRANSMISSION; RETURNS; CONSTRAINTS; GROWTH; MODEL;
D O I
10.1111/iere.12632
中图分类号
F [经济];
学科分类号
02 ;
摘要
Why is invention strongly positively correlated with parental income not only in the United States but also in Finland, which displays low income inequality and high social mobility? Using data on 1.45 M Finnish individuals and their parents, we find the following: (i) the positive association between parental income and off-spring probability of inventing is greatly reduced when controlling for parental education; (ii) instrumenting for the parents having an MSc degree using distance to nearest university reveals a large causal effect of parental education on offspring probability of inventing; and (iii) the causal effect of parental education has been markedly weakened by the introduction in the early 1970s of a comprehensive schooling reform.
引用
收藏
页码:453 / 490
页数:38
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