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...

The unbalanced age structure aspect of China's basic medical insurance system increases payment risk and hampers sustainable and healthy development. Combining the actuarial approaches of life insurance and non-life insurance, the principle of long-term fund balance is applied to establish a...

This paper analyses the reasons behind the long-term underperformance of China's stock market. We argue that the price growth of local state-owned enterprises (SOEs) is hindered by the control of state shares by local cadres, who often sell the shares below market prices during their time in...