Income and wealth inequality and the life cycle. A non‐parametric analysis for China
利用1987年中国调查数据，通过非参数密度和回归估计方法，分析年龄与收入、财富的关系，发现生命周期因素只能解释一小部分不平等，与部分研究结论相悖。
Abstract This paper uses the techniques of non‐parametric density and regression estimation to estimate the Chinese age/income and age/wealth distributions, using survey data relating to 1987. Although there is evidence of a clear life‐cycle profile of income earning and wealth accumulation, the results suggest that only a small part of observed inequality can be explained by life‐cycle factors. This finding contradicts the results of some other researchers.