The Intergenerational Persistence of Self-Employment across China’s Planned Economy Era
研究发现，在社会主义改造前父母从事自雇职业的子女，在经济改革后更可能成为自雇者，且该效应仅对儿子显著。由于缺乏直接接触，人格特质而非商业人力资本的传递是潜在机制。
Children whose parents were self-employed before China’s socialist transformation were more likely to become self-employed after the economic reform, even though they had no direct exposure to their parents’ businesses. The effect is statistically significant only for sons. The lack of direct exposure to family businesses impedes the transfer of business human capital and motivates us to explore personality traits as the underlying mechanisms. We find that children with self-employed parents are also more likely to invest in risky assets and to consume cigarettes. This suggests that children of self-employed parents inherit personality traits that induce risky behaviors.