Research on the Impact of Human Capital Investment on Intergenerational Income Mobility

DOI

10.2991/assehr.k.211122.107How to use a DOI?

Keywords

human capital; intergenerational income flow; public education investment; family education investment

Abstract

The issue of intergenerational income flow is related to social equity and equal opportunities. In recent years, China’s intergenerational income mobility has declined, showing a trend of class consolidation. As people’s requirements for social justice are getting higher and higher, it is urgent to improve China’s intergenerational income mobility. An essential mechanism of intergenerational income transmission is human capital represented by education. The improvement of education level will help individuals get rid of class constraints and realize intergenerational upward mobility. On the other hand, the imbalance of educational opportunities will strengthen class intergenerational transmission makes “the poor get poorer and the rich get richer.” Based on the theoretical framework of human capital, this article analyzes the impact of family education investment and public education expenditure on intergenerational income mobility, and explores the existing problems and causes, and proposes relevant policy recommendations for improving public education expenditure on this basis.

Copyright

© 2021 The Authors. Published by Atlantis Press SARL.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Yuxin Yan
AU  - Sijia Chu
PY  - 2021
DA  - 2021/11/23
TI  - Research on the Impact of Human Capital Investment on Intergenerational Income Mobility
BT  - Proceedings of the 7th International Conference on Social Science and Higher Education (ICSSHE 2021)
PB  - Atlantis Press
SP  - 311
EP  - 316
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.211122.107
DO  - 10.2991/assehr.k.211122.107
ID  - Yan2021
ER  -