Adam Altmejd, Stockholm University, "Inheritance of fields of study"

Department seminar. Adam Altmejd is a Post-doc at the Department of Finance, Stockholm School of Economics and a researcher at the Institute for Social Research (SOFI), Stockholm University. He will present the paper: "Inheritance of fields of study."

A photograph of Adam Altmejd

Adam Altmejd
Source: https://adamaltmejd.se/

Abstract

University graduates are more than three times as likely to hold a degree in the field their parent graduated from. To estimate how much of this association is caused by the educational choices of parents, I exploit admission thresholds to university programs in a regression discontinuity design. I study individuals who applied to Swedish universities between 1977 and 1992 and evaluate how their enrollment in different fields of study increases the probability that their children later study the same topic. I find strong causal influence. At the aggregate level, children become 50% more
likely to graduate from a field if their parent has previously enrolled in it. The effect is positive for most fields, but varies substantially in size. Technology, engineering, medicine, business exhibit the largest, significant, effects. For these fields, parental enrollment increases child graduation probability with between 2.0 and 12.8 percentage points. I show that the parent’s labor market experience plays an important role in explaining the results, but parental field enrollment does not increase subject-specific skills, nor is it associated with higher returns to earnings. I find little evidence for comparative advantage being the key driver of field inheritance. Rather, parents seem to function as role models, making their own field choice salient. This is indicated by the fact that children become less likely to follow parents with weak labor market prospects, and that children are more likely to follow the parent with the same gender.

Link to the paper [PDF]

The seminar will be held in room 1249 (12th floor) at Eilert Sundts Hus. The address is Moltke Moes vei 31.

Published Oct. 6, 2023 2:59 PM - Last modified Oct. 13, 2023 3:10 PM