bet365 Play online games The main goal of fiscal transfer payment is the equalization of basic public services，In particular, the opportunity for education is equalized，This is conducive to improving the intergenerational liquidity of human capital。Based on a simple theoretical model，Discuss the role of vertical transfer payment within the framework of the regional competition，It is found that transfer payment can effectively promote the liquidity of human capital between intergeneration。Matching the 2010 Census Micro Data with county -level financial transfer payment data，Differences of two dimensions based on the group group and region based on the year of birth，Examine whether the transfer payment can improve the liquidity of human capital among intergeneration，Verified the above theoretical conclusion，And the role of general transfer payment and special transfer payment internal education transfer payment is more obvious。Based on this，Fairness to promote human capital，Need to improve the transfer payment system，Especially to improve the proportion of education transfer payment。

　　Keywords:Financial transfer payment of human capital intergenerational liquidity

bet365 best casino games Author Fan Ziying，Professor of Public Economy and Management of Shanghai University of Finance and Economics (Shanghai 200433)。