TY - JOUR
T1 - Intergenerational income mobility in urban China
AU - Gong, Honge
AU - Leigh, Andrew
AU - Meng, Xin
PY - 2012/9
Y1 - 2012/9
N2 - This paper estimates the intergenerational income elasticity for urban China, paying careful attention to the potential biases induced by income fluctuations and life cycle effects. Our preferred estimate indicates that the intergenerational income elasticity for father-son is 0.63. This suggests that while China has experienced rapid growth of absolute incomes, the relative position of children in the distribution is largely related to their parents' incomes. By investigating possible causal channels, we find that parental education plays one of the most important roles in transmitting economic status from parents to children.
AB - This paper estimates the intergenerational income elasticity for urban China, paying careful attention to the potential biases induced by income fluctuations and life cycle effects. Our preferred estimate indicates that the intergenerational income elasticity for father-son is 0.63. This suggests that while China has experienced rapid growth of absolute incomes, the relative position of children in the distribution is largely related to their parents' incomes. By investigating possible causal channels, we find that parental education plays one of the most important roles in transmitting economic status from parents to children.
KW - Intergenerational mobility
KW - Political party membership
KW - Transgenerational persistence
UR - http://www.scopus.com/inward/record.url?scp=84864767109&partnerID=8YFLogxK
U2 - 10.1111/j.1475-4991.2012.00495.x
DO - 10.1111/j.1475-4991.2012.00495.x
M3 - Article
SN - 0034-6586
VL - 58
SP - 481
EP - 503
JO - Review of Income and Wealth
JF - Review of Income and Wealth
IS - 3
ER -