American Economic Journal:
Economic Policy
ISSN 1945-7731 (Print) | ISSN 1945-774X (Online)
Rising Intergenerational Income Persistence in China
American Economic Journal: Economic Policy
vol. 13,
no. 1, February 2021
(pp. 202–30)
Abstract
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.Citation
Fan, Yi, Junjian Yi, and Junsen Zhang. 2021. "Rising Intergenerational Income Persistence in China." American Economic Journal: Economic Policy, 13 (1): 202–30. DOI: 10.1257/pol.20170097Additional Materials
JEL Classification
- J62 Job, Occupational, and Intergenerational Mobility; Promotion
- O15 Economic Development: Human Resources; Human Development; Income Distribution; Migration
- O18 Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
- P25 Socialist Systems and Transitional Economies: Urban, Rural, and Regional Economics
- P36 Socialist Institutions and Their Transitions: Consumer Economics; Health; Education and Training: Welfare, Income, Wealth, and Poverty
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