主 题：Intergenerational Top Income Mobility in Taiwan

主讲人： 庄额嘉

摘 要： In this paper, we use income tax data in Taiwan to investigate the intergenerational income mobility, i.e. how do parents transmit the income to their children? Especially, we focus on the income mobility of the richest 10% to 0.1% of parents. In Taiwan parents sometimes value their sons more than daughters, therefore, we treat father-son and father-daughter income mobility separately. Since intergenerational income elasticity is nonlinear in the right tail of fathers' income, we also adopt a nonparametric approach rather than the traditional linear model approach in which the intergenerational income elasticity is assumed to be a positive constant. We find that contrary to the literature of intergenerational (mean) income mobility, the intergenerational top income dependence of father-son is always higher than that of father-daughter. Furthermore, conditional on fathers' income ranking, sons' income first order stochastically dominates (FSD) daughters' income.

关于主讲人：庄额嘉，博士毕业于台湾大学，现任武汉大学经济与管理学院数理经济与数理金融系助理教授。主攻方向是金融计量经济学、风险管理。

时间：2016年5月18日星期三15:40-17:00

地点：学术会堂南楼608室

主办单位：人力资本与劳动经济研究中心

[编辑]：孙颖