An Estimation of the Intergenerational Income Elasticity of China

被引：6

作者：

Hau, Chyi

Zhou, Bo ^{[1
]}

Jiang, Shenyi ^{[2
]}

Sun, Wei ^{[3
,4
]}

机构：

[1] Univ Int Business & Econ, Sch Int Trade & Econ, Dept Publ Finance & Taxat, Beijing, Peoples R China

[2] Cent Univ Finance & Econ, China Econ & Management Acad, Beijing, Peoples R China

[3] Renmin Univ China, Hanqing Adv Inst Econ & Finance, Beijing, Peoples R China

[4] Renmin Univ China, Sch Finance, Beijing, Peoples R China

来源：

EMERGING MARKETS FINANCE AND TRADE | 2014年 / 50卷

关键词：

China; income inequality; income mobility; intergenerational income elasticity; UNITED-STATES; MOBILITY; EARNINGS;

D O I：

10.1080/1540496X.2014.1013853

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

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.

引用

页码：122 / 136

页数：15

共 30 条

[1]

[Anonymous], 3709 IZA

[2] Reapplication and extension: intergenerational mobility in the United States [J].