Knocking on Parents’ Doors
利用意大利2000年代两次改革，构建14个职业的监管严格度指标，发现放松监管降低了子女继承父母职业的倾向，且反竞争行为规则的影响大于准入门槛。
We study the effect of regulation on intergenerational mobility exploiting the impact of two reforms occurred in Italy since the 2000s. We built an OECD-style indicator of strictness of regulation for 14 occupations and three cohorts (that is, before and after each reform) to leverage the effect of regulation among occupations and over time. We find that relaxation of regulation has affected the propensity to follow the parents' career, which is our proxy for occupational persistence. The impact is driven by variation of anticompetitive conduct rules rather than entry requirements. Regulation distorts the career choices significantly more among less able children.