Yi Fan, Junjian Yi, Junsen Zhang
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.
Publication Type
Working Paper
File Description
This version, November 10, 2019
JEL Codes
E24: Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital
J62: Job, Occupational, and Intergenerational Mobility; Promotion
O15: Economic Development: Human Resources; Human Development; Income Distribution; Migration
intergenerational income persistence
economic transition
Great Gatsby Curve