TY - RPRT AU - Huttunen, Kristiina AU - Riukula, Krista TI - Parental Job Loss and Children's Careers PY - 2019/Nov/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 12788 UR - https://www.iza.org/publications/dp12788 AB - 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. KW - childhood income KW - study field KW - social ties KW - education KW - job loss KW - earnings ER -