Aim of this paper is to explore some crucial factors playing a significant role in employment decision-making in a generational perspective and in an extensive international comparison. The work intends to evaluate how the intergenerational transfer of human, social and financial capital may vary across a selected set of developed economies of Western Europe, taking into account the different institutional settings and macro-economic or cultural contexts. At this end, a series of three-stage structural multinomial logit models with latent variable is estimated and endogeneity and selectivity issues are dealt with. In brief country-specific differentials are sketched and the often controversial role of each national welfare regime in shaping self-employment patterns is widely discussed.

A Mobility Analysis Across European Countries with a Three-Stage Structural Logit Model

QUINTANO, Claudio;CASTELLANO, Rosalia;PUNZO, Gennaro
2011

Abstract

Aim of this paper is to explore some crucial factors playing a significant role in employment decision-making in a generational perspective and in an extensive international comparison. The work intends to evaluate how the intergenerational transfer of human, social and financial capital may vary across a selected set of developed economies of Western Europe, taking into account the different institutional settings and macro-economic or cultural contexts. At this end, a series of three-stage structural multinomial logit models with latent variable is estimated and endogeneity and selectivity issues are dealt with. In brief country-specific differentials are sketched and the often controversial role of each national welfare regime in shaping self-employment patterns is widely discussed.
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11367/1731
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