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Intergenerational income mobility is of great societal importance
due to its relevance to equal socio-economic opportunity and future
economic efficiency. In her book Dr Hou explores the potential role
of education policy in reducing intergenerational transmission of
poverty and promoting intergenerational income mobility in China.
Her research investigates the extent to which intergenerational
income persists in China, the mechanisms behind intergenerational
inequality, and premises for policy intervention. The interaction
between families, labour markets, and public policies that
structure a child's opportunities and determine the extent to which
income is related to family background are discussed in detail. The
book comprises of three separate empirical studies examining the
relationship between parents' income and the long-term welfare of
their children for two birth cohorts; the role education plays in
the intergenerational income relationship; and possible policy
intervention channels to facilitate intergenerational income
mobility. The lessons learnt from the empirical studies in this
book offer the basis for a discussion of current educational
policies and provide guidance for developing more appropriate
public policies to promote intergenerational income mobility in
China in the future. This book contributes to the international
discussion by providing evidence in Chinese context, and also
provides guidance for policymakers attempting to develop more
appropriate public policies to promote intergenerational income
mobility in China.
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