J62 - Job, Occupational, and Intergenerational Mobility
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The Intergenerational Correlation of Employment: Is There a Role for Work Culture?
We document a substantial positive correlation of employment status between mothers and their children in the United States, linking data from the National Longitudinal Survey of Youth 1979 (NLSY79) and the NLSY79 Children and Young Adults. After controlling for ability, education and wealth, a one-year increase in a mother’s employment is associated with six weeks more employment of her child on average. -
Uncertainty and the Specificity of Human Capital
This paper studies the choice between general and specific human capital. A trade-off arises because general human capital, while less productive, can easily be reallocated across firms.