Authors : Philip O. Sijuwade
Abstract: Being born into a high status family confers an early advantage in school and when first getting a job and these advantages have enduring consequences. In addition, it confers a further advantage in mid-career. It is proposed that some of the early advantages stem from parents’ wealth and other economic resources and that most of the advantage in mid-career is from these resources. Also, it is predicted the effects will be larger in a developing economy like Nigeria where economic resources are more unequally distributed. Findings in the Nigerian city of Ibadan support this theory.
Philip O. Sijuwade , 2011. Wealth and Family Background in the Occupational Career: A Comparative Study. Journal of Economics Theory, 5: 93-96.