Parental Education and Invention: The Finnish Enigma. Working Paper 30964

Autor/inn/en	Aghion, Philippe; Akcigit, Ufuk; Hyytinen, Ari; Toivanen, Otto
Institution	National Bureau of Economic Research (NBER)
Titel	Parental Education and Invention: The Finnish Enigma. Working Paper 30964
Quelle	(2023) PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Monographie
Schlagwörter	Correlation; Low Income; Social Differences; Social Mobility; Family Income; Parent Child Relationship; Educational Attainment; Parent Background; Masters Degrees; Proximity; Universities; Attribution Theory; Educational Change; Foreign Countries; Entrepreneurship; Innovation; Finland + Suchen Sie Ihr Suchwort? Korrelation; Niedriglohn; Sozialer Unterschied; Soziale Mobilität; Familieneinkommen; Parents-child relationship; Parent-child-relation; Parent-child relationship; Eltern-Kind-Beziehung; Bildungsabschluss; Bildungsgut; Elternhaus; Lebensnähe; University; Universität; Bildungsreform; Ausland; Unternehmungsgeist; Finnland
Abstract	Why is invention strongly positively correlated with parental income not only in the US but also in Finland which displays low income inequality and high social mobility? Using data on 1.45M Finnish individuals and their parents, we find that: (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 a 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. [Funding for this report was provided by the ERC, the Yrjö Jahnsson Foundation, and FORTE.] (As Provided).
Anmerkungen	National Bureau of Economic Research. 1050 Massachusetts Avenue, Cambridge, MA 02138-5398. Tel: 617-588-0343; Web site: http://www.nber.org
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2024/1/01