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Smoothing or strengthening the 'Great Gatsby curve'?: The intergenerational impact of China's New Rural Pension Scheme

Jing You and Miguel Niño-Zarazúa ()

No wp-2017-199, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: We examine the heterogeneous and dynamic impact of China's New Rural Pension Scheme on intergenerational wealth dependence using a nationally representative longitudinal household survey covering the period 2011-13. We adopt an instrumental quantile regression-discontinuity design to address the endogeneity of partial compliance of the pension scheme and the observed individual heterogeneity.

Keywords: China; Intergenerational Mobility; Pension; Quantile treatment effect; Wealth (search for similar items in EconPapers)
Date: 2017
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