An Estimation of the Intergenerational Income Elasticity of China

作者：Hau Chyi, Bo Zhou, Shenyi Jiang, Wei Sun · 发表于：Emerging Markets Finance and Trade · 年份：2014 · DOI：10.1080/1540496x.2014.1013853 · 被引用次数：8 · 研究领域：Intergenerational and Educational Inequality Studies、Income, Poverty, and Inequality、Global Educational Reforms and Inequalities

:Using 1989–2006 waves of the China Health and Nutrition Survey data, we estimate the intergenerational income elasticity (IIE) of China. We find that the lower bound of the IIE is 0.491 using the son’s latest observed income and his father’s income averaged over three periods. We use the father’s number of years of education as an instrumental variable for his permanent income to derive the upper bound of the IIE, which is 0.556. We find that the intergenerational income mobility of rural China is higher than that in urban areas.