Festival Economia Trento:
Affari di famiglia: nepotismo politico e carriere nelle imprese italiane
2 June 2015
Marco Manacorda filmed giving a talk at the Festival of Economics on Trento.
There is abundant anecdotal evidence but poor empirical evidence of the benefits enjoyed by the relatives of politicians in the labor market. Analysis of data about the universe of Italian politicians, combined with a sample of employees in the private sector, seems to confirm this hypothesis: the advantage in terms of career derived from having a political family is positive and significant. This phenomenon seems to be particularly pronounced where there is greater availability of public resources, and fades when the number of politicians competing for these resources is high and where the corruption evident are less common, suggesting that nepotism is a substitute for the pure corruption.
The video was filmed for the Festival of Economics in Trento on June 2, 2015
View the video here
Related links
Marco Manacorda webpage
Labour Markets Programme webpage