Gong, Cathy Honge; Leigh, Andrew; Meng, Xin - Institute for the Study of Labor (IZA) - 2010
This paper estimates the intergenerational income elasticity for urban China, paying careful attention to the potential biases induced by income fluctuations and life cycle effects. Our preferred estimates are that the intergenerational income elasticities are 0.74 for father-son, 0.84 for...