题目：Causal Mechanisms in the Intergenerational Transmission of Income in China
主讲人：Jack W. Hou
讲座主要内容：In this paper, we use current income data from 2010 China Family Panel Studies (CFPS), identifying the causal effect of father’s income and human capital in the intergenerational transmission of income between fathers and children. We find that the majority of the intergenerational income elasticity can be plausibly attributed to the causal effect of father’s financial resources, rather than human capital. Moreover, we provide a lower bound of the elasticity, which is 0.359, and the adjusted value is range from 0.620 to 0.748. The results suggest a relative low intergenerational mobility, but also imply that any policies attempting to equalize father’s investment will be conducive to increasing intergenerational income mobility in China.
主讲人简介：Jack W. Hou,加利福尼亚州立大学长滩校区经济学教授，在国际内外期刊上发表50余篇中英文论文，如：Economic Journal, China Economic Review, Singapore Economic Review, Soochow Journal of Economics and Business, Applied Economics, The Social Science Journal, International Journal of Business and Economics, The Indian Journal of Labour Economics, International Journal of Applied Economics, Social Science Journal等。