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  • 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. (xsd:string)
?:abstractiveSummary
  • We show that if the impediments to occupational inheritance were reduced to the US levels, labor productivity would grow by 60–75% in China and 107–178% in India. (xsd:string)
?:citation
?:contributor
?:dateModified
  • 2019 (xsd:gyear)
?:datePublished
  • 2019 (xsd:gyear)
?:doi
  • 10.1515/bejm-2018-0030 ()
?:duplicate
?:extractiveSummary
  • This paper documents occupational inheritance – that is, children’s inheritance of their parents’ occupations – in China, India, and other countries. (xsd:string)
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  • en (xsd:string)
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?:issn
  • 1935-1690 ()
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  • 1 (xsd:string)
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?:name
  • Aggregate implications of occupational inheritance in China and India (xsd:string)
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  • Zeitschriftenartikel (xsd:string)
  • journal_article (en)
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  • GESIS-SSOAR (xsd:string)
  • In: The B.E. Journal of Macroeconomics, 19, 2019, 1, 1-24 (xsd:string)
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?:urn
  • urn:nbn:de:0168-ssoar-77065-7 ()
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  • 19 (xsd:string)