| Since the reform and opening up,China's economy and capital market have been moving towards prosperity.After three decades of spectacular growth,China overtook Japan in 2010 as the world's second-largest economy,with a nominal GDP of $5474.2 billion,$404.4 billion less than China's.With the development of the economic level,the issue of education in China has attracted more and more attention,because the practice of industrialized countries shows that education affects the income distribution gap by affecting individual income.The increase of income gap may cause various social problems and affect the harmony between people,the stability of social relations and the long-term development of economy.However,due to the deficiency of data availability and measurement research methods,the existing research has not been able to deeply study the factors that affect the rate of return on education.This study uses the classic mincer income model,which holds that an individual's years of work or work experience and years of education directly affect their income.The model directly establishes the relationship between the number of years of education,working life and income.However,combined with the social reality of China and the growth process of individuals,it is not difficult to find that"family" has a profound impact on individuals.The income of individuals is not only affected by their years of education and work,but also by "family" factors.This paper argues that in addition to the number of years of education and work,the rate of return on education is also influenced by the family's economic level,parents'years of education and political status.In order to explore the influence of "family"factors other than individuals' own factors on educational returns and understand the various factors that influence individual educational returns,this paper will further explore the influence of family background factors on individual educational returns.In this paper,the income level,education level and political status of parents were used as the surrogate variables of family background for grouping regression.Based on CHIP2013 data,this paper conducts group regression by taking parental income level,education level and political status as the proxy variables of family background,compares the difference of educational return rate of children from different family backgrounds,and analyzes the relationship between family background and educational return rate of children.It is found that the educational return rate of children from high family background is higher than that of children from low family background.Moreover,when the mother's education level is used as the surrogate variable of family background,the mother's education level has a higher impact on the return rate of children's education.Based on the above research results,this paper puts forward the following Suggestions:(1)China's income inequality is still very serious.It is suggested that the income level of residents should be adjusted through tax policies,and scientific and reasonable tax policies should be used to help reduce the transfer of economic power and economic capacity between generations,so as to reduce the income gap.(2)We suggest that we continue to vigorously develop education and raise the level of education for all.Because the improvement of education level not only has a significant positive impact on the educatees themselves,which can improve their own income level,but also has a significant impact on the educational benefits of their children.(3)It is suggested to standardize and improve the labor market mechanism,establish a mature labor market supervision mechanism,so as to restrain the unequal behaviors in the labor market and provide a fair and just employment environment for workers. |
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