Using China's one-child policy (OCP) as a quasi-natural experiment, we demonstrate that differential fertility between socioeconomic groups exacerbates intergenerational income inequality. Rural or poorer families, who are less constrained by the OCP than urban or richer ones, tend to have more chil...
Keywords:
Child quantity–quality trade-off, Differential fertility, Intergenerational transmission of inequality, One-child policy
