Rising Intergenerational Income Persistence in China
发现自1979年经济改革以来,中国代际收入持续性上升,代际收入弹性从1970-1980年出生队列的0.390增至1981-1988年队列的0.442,且城市和沿海居民的增加更明显。
This paper documents an increasing intergenerational income persistence in China since economic reforms were introduced in 1979. The intergenerational income elasticity increases from 0.390 for the 1970–1980 birth cohort to 0.442 for the 1981–1988 birth cohort; this increase is more evident among urban and coastal residents than rural and inland residents. We also explore how changes in intergenerational income persistence is correlated with market reforms, economic development, and policy changes.