Statistical Measurement Of The Impact Of Human Capital Inequality On Household Income Based On The Intergenerational Perspective

With the significant increase in per capita national income,my country’s income distribution structure has also undergone tremendous changes,and problems such as class consolidation and insufficient intergenerational income mobility have gradually become prominent.Human capital theory points out that compared to physical capital,human capital has a greater role in promoting economic growth.Investment in education and health human capital is conducive to promoting regional economic development and increasing group income.Therefore,the formation of human capital theory provides a new perspective for the study of intergenerational changes in income,and the inequality of human capital caused by regional development may become an important factor in the consolidation of class and the decline of intergenerational income flow.This article uses the Chinese Family Tracking Survey Database(CFPS2010-2018)to study the impact of human capital inequality on the intergenerational income of households.First of all,this article introduces the related theories of human capital inequality and household intergenerational income.Secondly,use Thomas Gini coefficient method and Erreygers index method to measure education and health human capital inequality,and analyze the current situation of human capital inequality in my country.Then,based on the unbalanced panel data to study the impact of human capital on the intergenerational income of households.Finally,the multi-layer linear model is used to analyze the impact of human capital inequality on the intergenerational income of households.The main research results are as follows:(1)The degree of human capital inequality in my country has shown a downward trend in recent years,areas with underdeveloped economic development have higher levels of educational inequality,and the relatively poor physical condition of low-income groups in various regions is gradually improving.(2)Both education and health human capital will affect the intergenerational income of households,and the improvement of human capital can significantly reduce the impact of other non-effort factors on the income of offspring.(3)From 2010 to 2018,there are significant differences in the income levels of offspring of households in my country,and the income level of parents has a significant impact on the income level of offspring.The inequality of healthy human capital has a significant negative effect on the income of offspring,and in areas where the inequality of healthy human capital is high,the intergenerational elasticity of household income may be higher.Based on the above research results,this article puts forward the following recommendations: First,improve the education system to achieve equalization of educational resources;second,improve the medical system,and promote full coverage of medical insurance;third,focus on the pertinence of human capital investment to ease class consolidation,Reduce household income.