The degree to which children are affected by parents’ labor market outcomes influences how children can shape their future. Fredrik Heyman and Martin Olsson, both researchers at IFN, conducted a new empirical study concerning this topic and find that parents’ exposure to new technologies is associated with lower income mobility.
The authors have summarized the study in a blog post on Stigler Center, Chicago Booth.
Read the study (IFN Working Paper 1451)