Title: Intergenerational Income and Occupational Mobility

Speaker: Wang Zijue, obtained a bachelor's degree from the School of Economics, Shandong University in 2021, a master's degree from the University of Edinburgh in 2022, and has been studying for a doctoral degree at the University of Edinburgh since then. His main research fields are macroeconomics and labor economics; he focuses on intergenerational mobility and occupational choices.

Abstract: We explore the role of occupation in intergenerational mobility, extending the traditional Becker-Tomes model by incorporating a Roy model of occupational decision-making. While the Becker-Tomes framework suggests that wealthier parents invest more in their children's human capital, evidence indicates that parental occupations also significantly influence their children's occupational choices and income potential. Our model introduces the concept that parents pass down not only financial resources, but also specific advantages and disadvantages tied to different occupations, thereby impacting their children's prospects. This allows for the exploration of occupational choices that may prioritize long-term benefits for descendants over immediate financial gains.

Date & time: 12 June 2025, 10:00 - 11:30

Venue: B438, Zhixin Building, Central Campus, Shandong University