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The Contribution of Skills and Family Background to Educational Mobility

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  • Aldo Rustichini
  • William G. Iacono
  • Matt McGue

Abstract

We study the role of hard and soft skills in economic performance and social mobility in a sample of twins (N = 2,764) from the Minnesota Twin Family Study, combining classical economic models of parental investment with a complete and realistic equilibrium model of genetic transmission of skills. Hard and soft skills have comparable roles in affecting early educational success and college attainment. We then use the information on family background to estimate the determinants of social intergenerational mobility. The transmission of personality characteristics – in particular but not exclusively of intelligence – explains a substantial fraction of upward and downward mobility of children.

Suggested Citation

  • Aldo Rustichini & William G. Iacono & Matt McGue, 2017. "The Contribution of Skills and Family Background to Educational Mobility," Scandinavian Journal of Economics, Wiley Blackwell, vol. 119(1), pages 148-177, January.
    • Handle: RePEc:bla:scandj:v:119:y:2017:i:1:p:148-177
    DOI: 10.1111/sjoe.12198
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    Cited by:

    1. Giannelli, Gianna Claudia & Rapallini, Chiara, 2019. "Parental occupation and children’s school outcomes in math," Research in Economics, Elsevier, vol. 73(4), pages 293-303.
    2. Chu, Luke Yu-Wei & Lin, Ming-Jen, 2016. "Economic development and intergenerational earnings mobility: Evidence from Taiwan," Working Paper Series 19495, Victoria University of Wellington, School of Economics and Finance.

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