Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments January 6, 2017 erstellt
Description:
This paper examines the extent to which children enter into occupations that are different from their father's occupation, but require similar skills, which we call task following. We also consider the possibility that fathers are able to transfer task specific human capital either through investments or genetic endowments to their children. We show that there is indeed substantial task following, beyond occupational following and that task following is associated with a wage premium of around 5% over otherwise identical workers employed in a job with the same primary task. The wage premium is robust to controls for industry, occupation categories and occupation characteristics. The premium is largest for followers in non-routine cognitive jobs and college graduates