State Administration of Foreign Exchange

Does intergenerational income upward mobility increase the subjective well-being of middle-aged and older people in China?—Evidence from the China Family Panel Studies (CFPS)

Intergenerational income mobility is widely regarded as a key indicator of social vitality and opportunity, yet its consequences may extend beyond the mobile individuals themselves. Using 3956 parent–child pairs from the China Family Panel Studies, this study examines whether adu...