The Long-Term Labor Market Effects of Parental Unemployment
FBK-IRVAPP is pleased to invite you to the following seminar:
“The Long-Term Labor Market Effects of Parental Unemployment”
With the participation of: Bernhard Schmidpeter
Language The seminar is held in English.
Abstract: In this paper, I investigate the impact of parental unemployment on children’s educational attainment and long-run labor market outcomes. I find that parental unemployment shortly before an important parental investment decision compared to afterward lowers a child’s probability of holding a university degree by more than 5 percentage points. This gap is unlikely explained by different access to family resources. I do not find that income is affected at the beginning of a child’s labor market career along the distribution but find a gradual deterioration later on. A substantial share of these long-term losses can be explained by the lower parental investment decision. My results emphasize the intergenerational and long-lasting consequences of parental unemployment even when accounting for selection.
Speakers
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Bernhard Schmidpeter - Guest SpeakerBernhard Schmidpeter is currently a Post-Doc at the ERSC Research Centre on Micro-Social Change and the Institute for Social and Economic Research, University of Essex. His research interests are in applied micro - specifically labor and family economics, and the economics of education. He is currently working on the impact of childhood influences on outcomes later in life, and how a changing work environment and life circumstances affect future wages, employment, and health.