This research uses CHIP(China Household Income Project) data of 2018 to examine the impact of higher education opportunities on the middle school graduates’ choice between academic and vocational high schools. The findings indicate that a higher university quota at the provincial level...

Using the two annual rich lists of Forbes and Hurun, this study estimated the parameters of Pareto distribution to describe the features of the top tail of the wealth distribution. The wealth inequality for the whole population was re-estimated by the combination of estimated Pareto distribution...