The paper examines the usage of the Renminbi (RMB) as an international payment currency. Globally, the use of RMB remains small, accounting for 2 percent of total cross-border transactions. Using country-level transaction data from Swift** for 2010-21, we find significant regional variations in...

With the deepening linkage between housing and finance, the financial attributes of housing have been increasing. Thus, housing financialization has become a worldwide phenomenon, one that is gradually emerging in China's real estate market and cannot be ignored. The amount of urban capital is...

Healthcare providers (HCPs) and patients are increasingly relying on telehealth services (healthcare provision over the internet) to provide and seek care. It turns internet access disparities into a health equity concern, i.e., poor internet access can contribute to poor health. In response,...

Problem Definition: The challenge of optimally allocating a limited resource and its associated cost/benefit among consumers with heterogeneous income levels and private resource valuations arises in many situations. This paper tackles this challenge in the context of utility-led community solar...

This paper studies how the potential introduction of autonomous vehicles (AVs) in a fleet of human drivers (HVs) may impact the quality of service and the equality of access to transportation on ride-hailing platforms. We formulate a game-theoretical queueing model in which a platform aims to...