Soft Skills, Parenting Styles, and Persistent Income Inequality

Human Capital and Inequality

  • Date: 18 APRIL 2023  from 17:30 to 19:00

  • Event location: Institute of Advanced Studies, Sala Rossa (Via Marsala, 26 - Bologna) - In presence and online event

  • Type: Lectures

The concept of soft skills, developed by psychologists in the 1960s-70s, has been recently explored in economics to document, among other things, effects on human capital formation and ultimate material prospects of individuals. Both inheritability of some key components of soft skills and their malleability during childhood and early adolescence have been shown to shape their life cycle evolution. In this project, my goal is to present a conceptual framework that embeds these insights from developmental psychology into a standard economic thinking about economic growth and income inequality. In particular, the framework is shown to generate persistent income inequality – in line with documented trends in many countries around the world. Policy implications that follow will be discussed. 

Speaker

ISA Visiting Fellow - Mark Gradstein

Ben Gurion University, Israel

Visit Prof. Gradstein's web page

PhD students and researchers who are interested may request an attendance certificate.