Intergenerational liquidity calculation method needs to be improved
September 16, 2022 06:46 Source: "Chinese Social Sciences" September 16, 2022 Issue 2493 Author: Wang Youran/Compilation

  bet365 live casino games The official website of the National Economic Research Agency released James J. Heckman, a professor of economics at the University of Chicago、Research professor of Rasmus Landers (Rasmus Landers?) And others in the Rocke Wolf Foundation Department of Denmark。Studies show,Traditional intergenerational liquidity calculation method overestimates relative intergenerational liquidity。

Intergenerational liquidity research usually compares the average income of father and son at the same age,But because everyone’s life trajectory is different,This method cannot show the full picture of the intergenerational flow。Herkman and others have developed a new scale for measuring lifetime resources,Differences on life trajectory、Uncertainty、Credit constraints and other factors are incorporated into consideration。They analyzed Denmark's data with new measures,The economic results of parents and children are closely bet365 best casino games related,Traditional calculation methods have greatly underestimated the degree of intergenerational dependence of life resources。Children at the average score performance point、Educational achievements and other relationships with parents' lifetime resources,In fact, it is actually closer than the conclusions obtained from previous research。

Researchers said,In the past 50 years,With marriage、Great changes in living customs such as fertility,The accuracy of the intergenerational liquidity with traditional methods gradually decreases。This may be an important bet365 live casino games reason for people to ignore inequality and span the survival of generations,In the past, people clearly overestimated the intergenerational liquidity of children of poor families。but but,Traditional calculation methods, although the probability of children surpassing their parents' economic class,But also underestimated the probability of children's obtaining more resources than parents (especially for children of rich families)。This is a natural product that changes in the dynamics of life cycle and economic conditions for a long time。

Herkman said,Even in Bet365 lotto review a high welfare country like Denmark,The intergenerational dependence of lifetime resources is still strong。This requires us to explore inequality at a deeper level.。

  (Wang Youran/Compilation

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