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The The CPD-CIREQ seminar series on Social Statistics and Human Capabilities in collaboration with the听听and supported by the Dean of Arts Development Fund,听present "Persistence Despite Revolutions" a talk with Dr. Marlon Seror, Department of Economics,听听(UQ脌M).

Abstract:

Can efforts to eradicate inequality in wealth and education eliminate intergenerational persistence of socioeconomic status? The Chinese Communist Revolution and Cultural Revolution aimed to do exactly that. Using newly digitized archival records, contemporary census and household survey data, we show that the revolutions were effective in homogenizing the population economically in the short run. However, the pattern of inequality that characterized the pre-revolution generation re-emerges almost half a century after the revolutions. Individuals whose grandparents belonged to the pre-revolution elite earn 12 percent more income and have completed more than 11 percent additional years of schooling than those from the rest of the population. We find evidence that human capital (such as knowledge, skills, and values) has been transmitted within the elite families. Moreover, the pre-revolution elite either move to opportunities or stay to benefit from the social capital embodied in kinship networks that have survived the revolutions. These channels allow the pre-revolution elite to rebound after the revolutions, and their socioeconomic status persists despite one of the most aggressive attempts to eliminate differences in the population.

Co-auhtors:听Alberto Alesina, David Y. Yang, Yang You, Weihong Zeng

Link to paper: 听

Location:

This is an in-person event held in , Room 429 (4th Floor).

Speaker

Prof. Seror is听an assistant professor in the Department of Economics at the听.听His research stands at the crossroads of听Development Economics,听Urban Economics, and听Economic History. It relies extensively on original data and GIS techniques.

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Supported by the听Dean of Arts Development Fund

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