The children of stars who enter show business have come to be referred to as “nepo[tism] babies” in popular media. But Hollywood isn’t the only industry where it pays to have a well-positioned parent. According to Matthew Staiger, an economist and research scientist at Harvard’s Opportunity Insights, nearly one in three Americans is hired by a parent’s employer in the earliest years of their careers. And the biggest benefits go to those raised by higher earners.
Click here for original story, Economist tracks ‘nepo baby’ effect on young Americans’ earnings
Source: Phys.org