Intergenerational Wealth Mobility in Rural Bangladesh

被引:14
作者
Asadullah, M. Niaz [1 ,2 ]
机构
[1] Univ Reading, Dept Econ, Reading RG6 6AA, Berks, England
[2] Univ Oxford, ESRC Ctr Skills Knowledge & Org Performance SKOPE, Oxford, England
关键词
VILLAGE;
D O I
10.1080/00220388.2011.646988
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
Unique residential history data with retrospective information on parental assets are used to study household wealth mobility in 141 villages in rural Bangladesh. Regression estimates of father-son correlations and analyses of intergenerational transition matrices show substantial persistence in wealth even when we correct for measurement errors in parental wealth. We do not find wealth mobility to be higher between periods of a person's life than between generations. We find that the process of household division plays an important role: sons who splinter off from the father's household experience greater (albeit downward) mobility in wealth. Despite significant occupational mobility across generations, its contribution to wealth mobility, net of human capital attainment of individuals, appears insignificant. Low wealth mobility in our data is primarily explained by intergenerational persistence in educational attainment.
引用
收藏
页码:1193 / 1208
页数:16
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