This paper studies the impact of collectivization on patricide in China during the Cultural Revolution. From 1955 to 1957, nearly 96% of farmers were organized into communes. Consequently, fathers lost control over family wealth. We propose that this shift decreased fathers’ bargaining power...

This study empirically investigated the effect of local fighting for resources and dominance on education, by employing data pertaining to historical clan conflicts and contemporary education in China. The results showed that people in counties with historical clan conflicts have been more...

In this paper, we develop heterogeneous agent models with equilibrium unemployment to study the optimal taxation and labour wedge. We find that the the presence of profits plays an important role in the determination of both optimal tax policy and labour wedge. Judd-Chamley optimal zero capital...

Using a Mortensen-Pissarides search-and-matching framework, this paper investigates the importance of search frictions in determining the welfare and distributional effects of tax reforms that re-allocate the tax burden from capital to labour income. Calibrating the model to the UK economy, we...