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Aggregate implications of occupational inheritance in China and India
[Zeitschriftenartikel]
Abstract This paper documents occupational inheritance – that is, children’s inheritance of their parents’ occupations – in China, India, and other countries. Among the causes of the prevalence of occupational inheritance, we target two broad categories that impede growth: labor market frictions and barriers... mehr
This paper documents occupational inheritance – that is, children’s inheritance of their parents’ occupations – in China, India, and other countries. Among the causes of the prevalence of occupational inheritance, we target two broad categories that impede growth: labor market frictions and barriers to human capital acquisition. Counterfactual experiments based on a tractable occupational choice model suggest that if the impediments mentioned above were reduced to the US levels, labor productivity would grow by 60–75% in China and 107–178% in India. China realized 74–89% of this growth potential from the 1980s to 2009. In addition, this productivity gain is accompanied by a decrease in the correlation of intergenerational incomes.... weniger
Thesaurusschlagwörter
Humankapital; Intergenerationenmobilität; Produktivität; Beruf; Berufswahl; Tätigkeit; Erbschaft; China; Indien
Klassifikation
Berufsforschung, Berufssoziologie
Arbeitsmarktforschung
Freie Schlagwörter
intergenerational income mobility; intergenerational occupational mobility; labor productivity; occupational inheritance; ZA5400: International Social Survey Programme: Social Inequality IV - ISSP 2009 (Data file Version 3.0.0)
Sprache Dokument
Englisch
Publikationsjahr
2019
Seitenangabe
S. 1-24
Zeitschriftentitel
The B.E. Journal of Macroeconomics, 19 (2019) 1
DOI
https://doi.org/10.1515/bejm-2018-0030
ISSN
1935-1690
Status
Veröffentlichungsversion; begutachtet (peer reviewed)
Lizenz
Creative Commons - Namensnennung, Nicht kommerz., Keine Bearbeitung 4.0