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Intergenerational Transmission of Family Work Values and Economic Self-Sufficiency of Young Individuals in Spain

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Intergenerational Transmission and Economic Self-Sufficiency

Abstract

This chapter focuses on how intergenerational transmission of family work values impacts human capital investment and development across three generations in ten Spanish families. Face to face interviews were conducted with 30 participants from three family generations. Families were selected and stratified by the age (18–35 years), gender (e.g. male, female), living context (e.g. rural, urban) and work situation (e.g. employed, unemployed, employed in family business, self-employed and students) of young respondents. Results show that while family structures in Spain are becoming increasingly and rapidly more diverse, family continues to play a significant role in young individuals’ socialisation processes, as well as in the intergenerational transmission of social, economic and human capital. The significant development of human capital experienced particularly by third generation young respondents do not seem to protect them against the risk of poverty or social exclusion. Structural and contextual determinants related with the recent economic crisis in Spain register a stronger impact. The results also show a discontinuity in work-related values transmission between second and third generations in most of the interviewed families. They furthermore suggest that development of entrepreneurship skills in young adults requires a particular combination of education, economic environment and family entrepreneurship experience, in order to get consolidated and successful in time.

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Correspondence to José L. Arco-Tirado .

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Arco-Tirado, J.L., Vancea, M., Fernández-Martín, F.D., Herranz, I. (2021). Intergenerational Transmission of Family Work Values and Economic Self-Sufficiency of Young Individuals in Spain. In: Tosun, J., Pauknerová, D., Kittel, B. (eds) Intergenerational Transmission and Economic Self-Sufficiency. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-17498-9_13

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  • DOI: https://doi.org/10.1007/978-3-030-17498-9_13

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