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Structural Change, Productivity Growth and Industrial Transformation in China。
We consider the exponential Levy models and we study the conditions under which f-minimal equivalent martingale measure preserves Levy property. Then we give a general formula for optimal strategy in...
While the use of volatilities is pervasive throughout finance, our ability to determine the instantaneous volatility of stocks is nascent. Here, we present a method for measuring the temporal behavior...
No-arbitrage models of term structure have the feature that the return on zero-coupon bonds is the sum of the short rate and the product of volatility and market price of risk. Well known models rest...
We consider the exponential Levy models and we study the conditions under which f-minimal equivalent martingale measure preserves Levy property. Then we give a general formula for optimal strategy in ...
Economic Development and Cultural Change is an academic journal published by the University of Chicago Press and edited at the University of Southern California's Department of Economics. EDCC publish...
One of the leading international journals in the field of development studies and social change, Development and Change now appears six times a year, including the Development and Change Forum issue. ...
The purpose of this research was to study the impact of innovation and change in public and private companies and its relationship to the overall net income or losses in the respective companies. The ...
Understanding the dynamics of innovation involves local and national levels and different types of analyses. Historical perspectives stress the heterogeneity of innovation processes across time, sect...
In this essay, I analyze the Swedish residential mortgage market regulations during the post–World War II era, with an emphasis on the regulatory regime change of the mid-1980s. The most significant ...
In 2009, the European cement industry dominated the North American market. European cement groups (Lafarge, Holcim, Heidelberg Cement, Italcementi, Buzzi Unicem, and Vicat) became well established in...
The private car license plates issued in Shanghai are bestowed the title of "the most expensive sheet iron all over the world", more expensive than gold. A citizen has to bid in an monthly auction to...
This paper examines the potential long-term impacts of global climate change on agricultural production and trade in the People’s Republic of China (PRC). Using an economy-wide, global computable ge...
This paper analyzes the medium to long-term implications of global warming for the evolution of global financial structures. Stern (2007) and other related scientific literature reports that greenhous...
This paper investigates the extent to which structural change in China’s economy has contributed to changes in energy intensity. It uses a new province-level data set on energy intensity over the pe...

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