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We investigate the heterogeneous and nonlinear intergenerational transmission channels of education and the impact on this of house price appreciation. Using the China Household Finance Survey 2011, we construct household history of property purchases and educational investment over the past 16...
Persistent link: https://www.econbiz.de/10011440690
We examine the heterogeneous and dynamic impact of China's New Rural Pension Scheme on intergenerational wealth dependence using a nationally representative longitudinal household survey covering the period 2011-13. We adopt an instrumental quantile regression-discontinuity design to address the...
Persistent link: https://www.econbiz.de/10011943802