The seminars are scheduled on Wednesdays 12-1 pm, they are held in English and take place in person at the Department of Law at Roma Tre University (Via Ostiense 163). It is also possible to follow the seminars online at this link through Microsoft Teams.
The usual audience consists of economists working at our and other departments of Roma Tre and interested researchers based at other universities and institutions in Rome.
After the seminar, we have a light lunch together and keep the discussion going with the speaker and the participants. Usually, the speaker is available in the afternoon to meet students and researchers.
Next seminar: September 24, 2025
Inheritance Expectations, Dynastic Altruism, and Education
Jan Mazza
(Roma Tre University)
Abstract
This paper shows that intergenerational asset transfers matter for intragenerational education choices. Based on Italian micro-data, I document that, controlling for parental income, wealth, and education, (i) expecting an inheritance predicts university enrollment, and (ii) having received or expecting an inheritance predicts the intention to leave a bequest, consistent with heterogeneity in dynastic altruism. I rationalize these findings with a stylized model where individuals from altruistic dynasties accumulate human capital to increase long-term earnings, hence the ability to finance bequests. Through a richer quantitative lifecycle model, I show that heterogeneity in bequest motives and coresidence patterns can account for more than 40% of the observed university enrollment gap between youths who do and do not expect an inheritance, whereas the expected financial transfer itself disincentivizes education. Policy experiments indicate that (i) estate taxation can raise enrollment rates, and (ii) the link between inheritance expectations and education is stronger when the discounted returns to education are lower.
How to join?
Register here!
Sign up for updates here!
Where?
The seminars are scheduled on Wednesdays 12-1 pm, they are held in English and take place in person at the Department of Law at Roma Tre University - Room 278, 2nd floor (Via Ostiense 163).
It is also possible to follow the seminars online at this link through Microsoft Teams.
Program Fall 2025
Sep 24th
Inheritance Expectations, Dynastic Altruism, and Education
Jan Mazza (Roma Tre University) More info
Oct 8th
Collective bargaining and the Italian wage structure
Bernardo Fanfani (University of Turin) More info
Oct 15th
Financial Market Effect of FOMC Communication: Evidence from a New Event-Study Database
Andrea Ajello (Board of Governors of the Federal Reserve System) More info
Oct 22th
Welfare Effects of Social Security with Uninsured Income Risk
Pietro Reichlin (Luiss G. Carli) More info
Nov 5th
From Tweets to Ballots: Refugee Inflows and Natives' Reactions
Olivier Marie (Erasmus School of Economics in Rotterdam) More info
Nov 19th
Home Improvements, Wealth Inequality and the Energy-Efficiency Paradox
Yasmine Van der Straten (Nova School of Business and Economics) More info
Nov 26th
Patterns and drivers of EU income inequality: an analysis of EU-SILC data
Alberto Pozzolo (Roma Tre University) More info
Dec 3rd
Company Wage Policy in a Low-Wage Labor Market
Giulia Giupponi (Bocconi University) More info
Dec 10th
The price of silence
Marianna Magagnoli (University of Barcelona) More info
How to join?
You are always welcome! Please register here.
You can also follow the seminars online at this link
If you want to receive updates on the next seminars, send an e-mail to ineqroma3@gmail.com and we will add you to the mailing list.
Click here to import the calendar of the seminars!
Organizers:
Barbara Annicchiarico
Luca Giangregorio
Rama Dasi Mariani
Jan Mazza
Salvatore Morelli
Alberto Pozzolo
Massimo Pulejo
Antonio Scialà
Francesca Subioli
Archive of Past Seminars
February 5 - The Strategic Allocation of Religious Investments, Massimo Pulejo (Roma Tre University)
February 19 - Labour Market Power and Aggregate Productivity, Bernardo Mottironi (London School of Economics)
March 5 - Job protection deregulation, productivity and the distribution of income: Firm-level evidence from the Italian Jobs Act, Guido Franco (Research Centre of Confindustria)
March 19 - The Impact of Overtime Limits on Firms and Workers: Evidence from Japan's Work Style Reform, Gabriel Burdin (University of Siena)
April 2 - Child disability and family life, Nicoletta Balbo (Bocconi University)
April 9 - The Market Externalities of Tax Evasion, Enrico Rubolino (University of Lausanne and CREST)
April 30 - The College Melting Pot Peers, Culture and Women's Job Search, Federica Meluzzi (Institut Polytechnique de Paris)
May 14 - Warning Words in a Warming World: Central Bank Communication and Climate Chang, Emanuele Campiglio (University of Bologna)
May 28 - Robust Estimation of Private Business Wealth, Simon Toussaint (Utrecht School of Economics)
June 11 - The Firm as Tax Shelter. Micro Evidence and Aggregate Implications of Consumption Through the Firm, David Leite das Neves (Paris School of Economics)
December 11 - Have recent changes in UK income inequality been significant, Stephen Jenkins (London School of Economics)
December 4 - Place-Based Industrial Policies and Local Agglomeration in the Long Run, Lorenzo Incoronato (University of Napoli Federico II CSEF)
November 27 - Weather Shocks and the Optimal Policy Mix in a Climate-Vulnerable Economy, Barbara Annicchiarico (Roma Tre University)
November 6 - Markups, Taxes, and Rising Inequality, Aurélien Eyquem (Université de Lausanne)
October 30 - Mobility of the Innocents. Foundlings and their descendants in 19th-century Florence, Giuliana Freschi (Sant’Anna School of Advanced Studies)
October 23 - Financial Wealth in Italy: Evidence from Banking Supervisory Reports, Francesco Vercelli (Bank of Italy)
September 25 - Intergenerational Discounting and Inequality, Paolo Piacquadio (University of St. Gallen)
June 12 - Inequality as an Externality: Consequences for Tax Design Morten Nyborg Støstad (FAIR Institute at the Norwegian School of Economics, WII)
June 5 - Drivers of migration: The influence of neighbouring countries on destination choice Rama Dasi Mariani (Roma Tre University) and Alberto Franco Pozzolo (Roma Tre University)
May 22 - The effects of tax incentives on migration: evidence from Italy Giuseppe Ippedico (University of Nottingham, IZA, and GEP)
May 15 - Trust in public institutions and the profile of inequality: a worldwide perspective Flaviana Palmisano (Sapienza University of Rome)
May 8 - Climate change damages on labor and capital, inequality, and the social cost of carbon Marie Young-Brun (University of Leipzig, Halle Institute for Economics Research)
April 17 - Population Aging, Cohort Replacement, and the Evolution of Income Inequality in the United States Matthias Schief (OECD Economics Department)
April 10 - Born in the land of milk and honey: Hometown growth and individual wealth accumulation Charlotte Bartels (German Institute for Economic Research)
April 3 - Left and Right: A Tale of Two Tails of the Wealth Distribution Marco Maria Sorge (University of Salerno, University of Göttingen, and CSEF)
March 20 - Working longer or opting out? Women's costly response to a recent pension reform Elena Bassoli (Paris School of Economics)
March 13 - The Increase in Earnings Inequality and Volatility in Italy: The Role and Persistence of Atypical Contracts Salvatore Lattanzio (Bank of Italy)
March 6 - Taxing Labor and Capital in the Second-Best with Financial Market Imperfections Alberto Petrucci (Luiss Guido Carli)
February 28 - Tax Professionals and Tax Evasion Chiara Lacava (Goethe University Frankfurt)
February 21 - The effects of the 2021-2022 energy crisis on medium-sized and large industrial firms: evidence from Italy Luca Citino (Bank of Italy)
February 7 - Income Inequality, Top Shares of Income, and Social Classes in the 21st century Luca Giangregorio (Roma Tre University)
December 13 - The Ins and Outs of the Gender Employment Gap: Assessing the Role of Fertility Salvatore Lo Bello (Bank of Italy)
December 6 - Assessing the Impact of Reduced Rates of VAT in the EU: Redistribution, Evasion, and Policy Design Federica Lanterna (Roma Tre University)
November 29 - Measuring the carbon content of wealth: evidence from France and Germany Yannic Rehm (Paris School of Economics)
November 15 - Knowledge economy, internal migration, and the effect on local labour markets Giulia Romani (University of Bologna)
November 8 - The Long Way to Gender Equality: Gender Pay Differences in Germany 1871-2021 Theresa Neef (DIW Berlin, FU Berlin, World Inequality Lab, EU Tax Observatory
October 25 - JAQ of All Trades: Job Mismatch, Firm Productivity and Managerial Quality Annalisa Scognamiglio (University of Naples Federico II and CSEF)
October 11 - Could financial education be a universal social policy? A simulation of potential influences on inequality levels Giovanni Gallo (University of Modena and Reggio Emilia)
October 4 - Careers and Wages in Family Firms: Evidence from Linked Administrative Data Edoardo Di Porto INPS, CSEF, University of Naples Federico II and Uppsala University)
September 20 - The Consequences of Domestic Outsourcing: Evidence from Italian Administrative Data Raffaele Saggio (University of British Columbia and NBER)
June 14 - The Income-Wealth-Emissions Triangle: Evidence from Italy Salvatore Morelli (Roma Tre University)
June 7 - The Wealth of Generations Luis Bauluz (CUNEF University)
May 31 - More Unequal or Not as Rich? Revisiting the Latin American Exception Marc Morgan (University of Geneva)
May 17 - Intergenerational Persistence in Wealth Inequality: Evidence from Germany Max Longmuir (Humboldt University of Berlin)
May 3 - Are “Good” Firms, Good for all Employees? An Investigation of Firm Fixed Effects at Occupational Level Matteo Targa (Rome Tre University)
April 19 - Women of Struggle: The Role of Women in the American Labor Movement Caroline Coly (Bocconi University)
April 12 - Who Should Get Money? Estimating Welfare Weights in the U.S. Francesco Capozza (Erasmus University Rotterdam)
March 22 - The Role of Industries in Rising Inequality Cristina Tealdi (Heriot-Watt University)
March 15 - The EU Fit-for-55 Climate Action: A Distributive Analysis for Italy Benedetta Mina (Tor VergataUniversity of Rome)
February 15 - Differences Set in Stone: Evidence on the Inequality-Mobility Trade Off in Italy Francesca Subioli (Sapienza University of Rome)
February 8 - Incomes and Employment of Italian Women, 1900-1950 Giacomo Gabbuti (Sant’AnnaSchool of Advanced Studies)
January 25 - Dual Taxation, Portfolio Reshuffling and Income Inequality Alice Sodano (Paris School of Economics)
January 11 - Measuring Wealth: Income Capitalization with Heterogeneous Rates of Returns Roberto Iacono (Norwegian University of Science and Technology)
December 14 - Migration and Local Public Finance: Evidence from Italy Rama Dasi Mariani(Roma Tre University)
December 7 - A Dip in the Bigger Pond – Access to Top Universities and Academic Performance Monica Langella (University of Naples Federico II)
November 30 - Technological Change and Preferences for Redistribution Nina Sophia Weber (King’s College London)
November 23 - Wealth Accumulation and Institutional Capture: the Rise of the Medici and the Fall of the Florentine Republic Marianna Belloc (Sapienza University of Rome)
November 9 - Does a Wealth Tax Improve Equality of Opportunity? Kristoffer Berg (University of Oxford)
October 19 - Who Gets the Flow? Financial Globalisation and Wealth Inequality Simone Arrigoni (Trinity College Dublin)
October 5 - Minimum Wage Employment Effects and Labor Market Concentration Emiliano Huet-Vaughn (Pomona College)
September 13 - The electoral response to inequality-increasing policy: evidence from Israel, 2003-2006 Yonatan Berman (King's College London)
June 15 - Is Working Enough to Escape from Poverty? A Study on Lowpaid Workers in Italy Michele Bavaro (Roma Tre University -Economics)
May 30 - On Top of the Top: A Generalized Approach to the Estimation of Wealth Distributions Franziska Disslbacher (Roma Tre University -Law)
May 24 - Monetary Policy, Asset Prices, and the Distribution of Wealth in the US Giacomo Rella (Roma Tre University –Law)
April 26 - Global Distributions of Capital and Labor Incomes: Capitalization of the Global Middle Class Marco Ranalid (University College London)