我国居民金融性资产收入代际传递影响因素研究

Research on Influence Factors of Intergenerational Transmission of Income of Chinese Residents' Financial Assets

本文利用CHIPS、CGSS及CHNS等数据,量化了金融性资产、人力资本和社会资本的收入代际传递性贡献,并结合实际对分析金融性资产及收入对我国收入代际传递的影响。研究表明,我国居民收入代际传递整体上呈现出先下降后上升的态势,城镇居民的收入代际传递性远高于农村,高收入居民的收入代际传递性远高于低收入居民;包含房产的金融性资产对居民收入代际传递具有明显影响,可解释比例高于人力资本和社会资本,其中房产房贷的影响作用更为明显。

This paper quantifies financial assets,human capital and social capital in the intergenerational transmission of income through the data of CHIPS,CGSS and CHNS,and analyzes the impact of financial assets and income on intergenerational transmissionand. The empirical results show that the intergenerational transmission of income in our country is on the rise after the first fall,the intergenerational transmission of urban residents＇ income is much higher than that of rural areas,and the intergenerational transmission of high income people＇ s income is much higher than that of low-income residents; financial assets including real estate have a significant impact on the residents＇ income intergenerational transmission,which can explain the proportion is higher than the human capital and social capital,and the impact of the real estate mortgage is more obvious.