| 英文摘要 |
This study utilizes four waves of Taiwan Social Change Survey over 2012-2020 and Manpower Utilization Survey over 1985-1995 to estimate the intergenerational income elasticity for children born between 1960 and 1990 and their fathers. It further investigates the effects of family size and birth order on children’s income and intergenerational income elasticity, as well as the transmission channels through which fathers’income affects children’s income. The estimates reveal that the intergenerational income elasticities for sons and daughters and their fathers are respectively 0.31 and 0.46, implying that Taiwan is a moderately mobile society. These results show that intergenerational income elasticity between daughters and their fathers is larger than that between sons and their fathers. Family size significantly impacts sons’income and daughters’income with a larger effect on sons. Although birth order does not influence intergenerational income elasticity on average, the effect is heterogenous. The negative effects of birth order and family size on intergenerational income elasticity are lower in a family with a father of higher income or higher education. Lastly, children’s education, industry, and occupation all influence children’s income, implying that fathers can positively sway children’s income through their investment in the latter’s human capital. |