tax credit

national transfer accounts

family income

poverty inequality

family policies

income distribution

income inequality

filial piety

household income

wealth

American Economic Journal: Economic Policy

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 J62, O15, O18, P25, P36)

Rising Intergenerational Income Persistence in China