Economic Freedom and Intergenerational Educational Mobility

8 Pages Posted: 16 Aug 2023 Last revised: 16 Aug 2023

See all articles by Justin T Callais

Justin T Callais

University of Louisiana at Lafayette - Department of Economics and Finance

Vincent Geloso

George Mason University - Department of Economics

Alicia Plemmons

West Virginia University

Date Written: August 13, 2023

Abstract

Using World Bank estimates of intergenerational educational persistence and mobility for multiple across the development spectrum, this paper finds that economic freedom noticeably improves educational mobility. This is probably because economic freedom increases the returns to education in ways that incentivizes greater investment in education.

Keywords: Economic freedom, educational mobility

JEL Classification: I21, J24, P10

Suggested Citation

Callais, Justin and Geloso, Vincent and Plemmons, Alicia, Economic Freedom and Intergenerational Educational Mobility (August 13, 2023). Available at SSRN: https://ssrn.com/abstract=4539822

Justin Callais

University of Louisiana at Lafayette - Department of Economics and Finance ( email )

Lafayette, LA 70504
United States

Vincent Geloso (Contact Author)

George Mason University - Department of Economics ( email )

4400 University Drive
Fairfax, VA 22030
United States

Alicia Plemmons

West Virginia University ( email )

P.O. Box 6025
Morgantown, WV 26506
United States

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