Rising Intergenerational Income Persistence in China

Yi Fan (yi.fan@nus.edu.sg), Junjian Yi and Junsen Zhang (jszhang@cuhk.edu.hk)
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Junsen Zhang: Zhejiang University

No 12804, IZA Discussion Papers from Institute of Labor Economics (IZA)

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.

Keywords: economic transition; intergenerational income persistence; great gatsby curve (search for similar items in EconPapers)
JEL-codes: E24 J62 O15 (search for similar items in EconPapers)
Pages: 69 pages
Date: 2019-11
New Economics Papers: this item is included in nep-cna, nep-lab, nep-mac, nep-sea and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Published - published in: American Economic Journal: Economic Policy, 2021, 13 (1), 202 - 230

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Related works:
Journal Article: Rising Intergenerational Income Persistence in China (2021)
Working Paper: Rising Intergenerational Income Persistence in China (2019)
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