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78 – Applications in Business and Economics

Early-Life Circumstances and Late-Life Incomes

Sponsor: Business and Economic Statistics Section
Keywords: Childhood conditions, Education, Incomes, Recursive models

Christelle Garrouste

European Commission - Joint Research Centre

Omar Paccagnella

University of Padua

This paper aims at evaluating and comparing across European countries the influence of early-life circumstances, like childhood disparities and educational attainments, on incomes in later life. Using life-history data from SHARELIFE, country-specific structural relationships among childhood socio-economic status, education and incomes at the first and the last job are investigated by means of recursive models, controlling for individual covariates. Poorer childhood socio-economic conditions are associated with higher differentials in years of full-time education and higher income inequalities. The extent of these results varies across countries.

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