Download This PaperEconomic Freedom and Intergenerational Educational Mobility
9 Pages Posted: 16 Aug 2023 Last revised: 9 Dec 2024
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: Suggested Citation
Callais, Justin and Geloso, Vincent and Plemmons, Alicia, Economic Freedom and Intergenerational Educational Mobility (August 13, 2023). GMU Working Paper in Economics No. 24-40, Available at SSRN: https://ssrn.com/abstract=4539822
Vincent Geloso (Contact Author)
George Mason University - Department of Economics ( email )
4400 University Drive
Fairfax, VA 22030
United States
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