Rising Intergenerational Income Persistence in China

Yi Fan (), Junjian Yi and Junsen Zhang

American Economic Journal: Economic Policy, 2021, vol. 13, issue 1, 202-30

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.

JEL-codes: J62 O15 O18 P25 P36 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (31)

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Related works:
Working Paper: Rising Intergenerational Income Persistence in China (2019)
Working Paper: Rising Intergenerational Income Persistence in China (2019)
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DOI: 10.1257/pol.20170097

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