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Background: Measuring chronological age alone does not provide sufficient context for understanding the impact of ageing on societal resource planning. The burden of age-related diseases (ARDs) reflects age-related morbidity and mortality at the population level, which unveils the underlying...
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We investigate the causes of the high first day returns of Chinese firms making an initial public offering (IPO) of A-shares from 1991 to 2003 on Shanghai and Shenzhen stock exchanges. Our results show an average underpricing of 175.21 percent. We argue that the IPO underpricing is an...
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School shutdown due to the global pandemic of coronavirus disease 2019 (COVID-19) can lead to an increase in education inequality through disproportionately affecting disadvantaged children. We use data from a unique survey of 7,330 junior high school students and their parents from Shaanxi to...
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