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Picking Up the Losses: The Impact of the Cultural Revolution on Human Capital Reinvestment in Urban China

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  • Jun Han
  • Wing Suen
  • Junsen Zhang

Abstract

This paper uses the Cultural Revolution in China as a quasi-experiment to analyze the long-term impact of interrupted education during an economic transition with many opportunities that reward educational qualifications. We focus on the remedial human capital investment decisions taken by individuals whose education was interrupted by the Cultural Revolution. We find substantial increases in schooling levels among the adult cohorts as they invest in continuous education to compensate for their interrupted schooling and to take advantage of new opportunities afforded by the economic transition. The initial lower level of education caused by the institutional shock can be largely remedied.

Suggested Citation

  • Jun Han & Wing Suen & Junsen Zhang, 2019. "Picking Up the Losses: The Impact of the Cultural Revolution on Human Capital Reinvestment in Urban China," Journal of Human Capital, University of Chicago Press, vol. 13(1), pages 56-94.
    • Handle: RePEc:ucp:jhucap:doi:10.1086/701773
    DOI: 10.1086/701773
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    Cited by:

    1. Meng, Xin & Zhao, Guochang, 2021. "The long shadow of a large scale education interruption: The intergenerational effect," Labour Economics, Elsevier, vol. 71(C).
    2. Kong, Dongmin & Zhao, Ying & Liu, Shasha, 2021. "Trust and innovation: Evidence from CEOs' early-life experience," Journal of Corporate Finance, Elsevier, vol. 69(C).
    3. Guo, Rufei & Zhang, Junsen & Zhang, Ning, 2022. "How does birth endowment affect individual resilience to an adolescent adversity?," Journal of Economic Behavior & Organization, Elsevier, vol. 196(C), pages 251-265.
    4. Liang, Yu & Dong, Jing, 2022. "The impact of the send-down experience on the health of elderly Chinese women: Evidence from the China family panel studies," International Review of Economics & Finance, Elsevier, vol. 78(C), pages 377-389.
    5. Dai, Tianran & Zhao, Yaohui, 2024. "When the Young Meet the Old: Evidence on Education Upgrading in China," MPRA Paper 122372, University Library of Munich, Germany.
    6. Li, Cheng & Wang, Le & Zhang, Junsen, 2024. "Politician’s childhood experience and government policies: Evidence from the Chinese Great Famine," Journal of Comparative Economics, Elsevier, vol. 52(1), pages 76-92.
    7. Dong Zhou, 2016. "The Long-term Impacts of the Cultural Revolution: A Micro-Analysis," LABOUR, CEIS, vol. 30(3), pages 285-317, September.
    8. Juan Yang & Shi Li, 2011. "The impact of rustication on sent-down cohorts’ income," Frontiers of Economics in China, Springer;Higher Education Press, vol. 6(2), pages 290-310, June.

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