Effects of Endogenous Longevity on Transitional Dynamics of Intergenerational Mobility

被引:0
作者
Aso, Hiroki [1 ,2 ]
机构
[1] Kobe Gakuin Univ, Fac Econ, Kobe, Hyogo, Japan
[2] 518 Arise,Ikawadani-cho,Nishi Ku, Kobe 6508586, Japan
基金
日本学术振兴会;
关键词
Endogenous longevity; transitional dynamics; intergenerational mobility; economic development; I12; J62; O11; PUBLIC-EDUCATION; INCOME MOBILITY; ECONOMIC-GROWTH; INEQUALITY; FERTILITY; MORTALITY; PRIVATE; TRENDS; MODEL;
D O I
10.1080/1226508X.2024.2351793
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper explains the mechanism that causes the two motions of intergenerational mobility, monotonic motion and cyclical motion. Increasing longevity encourages incentives for education investment while decreasing transfers, which is the funding source for education. If longevity increases slowly, mobility increases monotonically. However, if longevity increases rapidly with economic development, mobility is cyclical owing to a largely decreasing transfer. This result is consistent with the empirical evidence in the literature on intergenerational mobility. In fact, China, where longevity increased rapidly, experienced a cyclical motion of mobility, whereas Norway, where longevity increased slowly, has experienced a monotonic motion of mobility.
引用
收藏
页码:150 / 169
页数:20
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