@TechReport{iza:izadps:dp12788, author={Huttunen, Kristiina and Riukula, Krista}, title={Parental Job Loss and Children's Careers}, year={2019}, month={Nov}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={12788}, url={https://www.iza.org/publications/dp12788}, abstract={We study the effect of parental job loss on children's outcomes using administrative data from Finland. We focus on two channels through which parental job loss can affect children's careers: 1) by affecting the child's field of study choices and 2) by weakening social ties to the labor market. We find evidence supporting both mechanisms: a father's job loss decreases the likelihood of the child choosing the father's field of study or finding employment in the father's plant. Children of displaced fathers have lower earnings; however, we find no effects on the outcomes measured before the study choices are made.}, keywords={childhood income;study field;social ties;education;job loss;earnings}, }