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%T Aggregate implications of occupational inheritance in China and India %A Ji, Ting %J The B.E. Journal of Macroeconomics %N 1 %P 1-24 %V 19 %D 2019 %K intergenerational income mobility; intergenerational occupational mobility; labor productivity; occupational inheritance; ZA5400: International Social Survey Programme: Social Inequality IV - ISSP 2009 (Data file Version 3.0.0) %@ 1935-1690 %~ FDB %> https://nbn-resolving.org/urn:nbn:de:0168-ssoar-77065-7 %X This paper documents occupational inheritance – that is, children’s inheritance of their parents’ occupations – in China, India, and other countries. Among the causes of the prevalence of occupational inheritance, we target two broad categories that impede growth: labor market frictions and barriers to human capital acquisition. Counterfactual experiments based on a tractable occupational choice model suggest that if the impediments mentioned above were reduced to the US levels, labor productivity would grow by 60–75% in China and 107–178% in India. China realized 74–89% of this growth potential from the 1980s to 2009. In addition, this productivity gain is accompanied by a decrease in the correlation of intergenerational incomes. %C USA %G en %9 Zeitschriftenartikel %W GESIS - http://www.gesis.org %~ SSOAR - http://www.ssoar.info