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Economic development and intergenerational earnings mobility: Evidence from Taiwan

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dc.contributor.author Chu, Luke Yu-Wei
dc.contributor.author Lin, Ming-Jen
dc.date.accessioned 2016-09-14T20:05:52Z
dc.date.accessioned 2022-07-07T21:28:36Z
dc.date.available 2016-09-14T20:05:52Z
dc.date.available 2022-07-07T21:28:36Z
dc.date.copyright 2016
dc.date.issued 2016
dc.identifier.uri https://ir.wgtn.ac.nz/handle/123456789/19495
dc.description.abstract How economic development affects intergenerational earnings elasticity is not well-documented. In this paper, we estimate intergenerational earnings elasticities between fathers and sons in two periods. In the current period, 2005–2010, Taiwan is already a developed economy with slower economic growth. We apply the two-sample approach developed by Björklund and Jäntti (1997) and find that intergenerational earnings elasticity is around 0.4–0.5 in this period. In the earlier period, 1990–1994, Taiwan was still a developing economy with fast economic growth. We mimic the Björklund-Jäntti two-sample approach and use average earnings by occupation as a proxy for fathers’ earnings. To quantify potential bias, we apply the same method to the 2005–2010 data. Our proxy method yields similar estimates in both the early 1990s and late 2000s. These results suggest stable intergenerational transmission of economic status in Taiwan, despite its rapid economic development. en_NZ
dc.format pdf en_NZ
dc.language.iso en_NZ
dc.publisher Te Herenga Waka—Victoria University of Wellington en_NZ
dc.relation.ispartofseries SEF Working paper ; 17/2016 en_NZ
dc.subject Economic development en_NZ
dc.subject Intergenerational earnings en_NZ
dc.subject Taiwan en_NZ
dc.title Economic development and intergenerational earnings mobility: Evidence from Taiwan en_NZ
dc.type Text en_NZ
vuwschema.contributor.unit School of Economics and Finance en_NZ
vuwschema.subject.anzsrcfor 140202 Economic Development and Growth en_NZ
vuwschema.type.vuw Working or Occasional Paper en_NZ
vuwschema.subject.anzsrcforV2 440703 Economic development policy en_NZ
dc.rights.rightsholder http://www.victoria.ac.nz/sef/research/sef-working-papers en_NZ

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