The Effect Of The Paternal Education In The Intergenerational Of Income

Intergenerational problem is to explain how much the resources of the parents will affect the resources available to their children.It reflects the causal relationship between the resources of the parents and the resources of the children.This study combines the experience of predecessors' research,and considers the role of parent education in intergenerational transmission.In this study,two classic models in economics,Lucas' s human capital model and Samuelson's generation overlapping model,are used to derive the intergenerational transmission model of income,in which the parentage education influences the children's income by directly influencing the children's education,and first affects the father's income,and then influences the children's education by the father's income Medium.Besides,according to the previous literature,considering the influence of urban and rural household registration,gender and age on intergenerational transmission,the empirical model is constructed by using structural equation model.Then this paper uses the data of Chinese family Panel Studies in 2010 as the parent data,and the data of the same family in 2018 as the child data.According to the previous literature,the data are screened and processed,and the samples of the parents aged 35-40 are selected,and the coefficient estimation and robustness estimation are carried out by using the constructed model.It is proved that the model fits the data,at the same time,the variables are initially obtained The relationship between father's income and father's household registration,education years of father's generation are significantly positive correlation,standardization coefficient is 0.23 and 0.205 respectively,and is significantly negative correlation with father's age,standardization coefficient is-0.149;children's education years and father's education years are significantly positive correlation,standardization coefficient is 0.174 and 0.28 respectively;children's income and children's education years,children's education years The standardized coefficients were 0.145,0.242,0.084 and 0.175,respectively,but there was no significant relationship with the income of the parents.Finally,the indirect utility analysis of the data shows that the indirect effect of parent education on the income of children is 0.25,and the indirect effect is far greater than the direct effect of parent income on the income of children 0.024.Therefore,this paper draws two conclusions: "the education of the parents has a significant impact on income transmission,which is mainly through two ways" and "the difference of urban and rural household registration has a far greater impact on the income of the parents than on the income of the children".Based on these two conclusions,this paper puts forward three policy recommendations.First,we should strengthen the construction of public education system to provide fair access to education for all;second,we should encourage and guide the human capital investment of parents to their children;third,we should optimize the labor market to reduce the impact of urban and rural household registration differences on the income of parents.