Search results for "Human capital investment"

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Financial development and intergenerational education mobility

2018

Using years of education as a measure of status, we study the relationship between financial development and intergenerational mobility, focusing on human capital investments boosted by financial deepening. We consider a set of indices to capture different components of the overall intergenerational education mobility. Using a sample of 39 countries, we find that financial development is related to structural mobility but not to exchange mobility. In particular, while we detect an inverted U-shaped relationship between financial development and structural mobility, we do not find any significant relationship with exchange mobility. Keywords: Intergenerational mobility, Financial development…

Economics and EconometricsFinancial development05 social sciencesSample (statistics)Financial developmentSocial mobilityHuman capitallcsh:HD72-88Financial deepeninglcsh:Economic growth development planningIntergenerational mobilitySettore SECS-S/06 -Metodi Mat. dell'Economia e d. Scienze Attuariali e Finanz.lcsh:Financelcsh:HG1-99990502 economics and businessEconomicsDemographic economicsEquality of opportunitie050207 economicsFinanceHuman capital investment050205 econometrics
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