The adverse effects of carbon emissions have garnered significant attention from the international community. Against this backdrop, China has set the dual carbon target and taken concrete actions to achieve it. This study integrates Shared Socioeconomic Pathways with machine-learning...

In recent years, there has been a fast growth in the application of long-memory processes to underlying assets including stock, volatility index, exchange rate, etc. The fractional Brownian motion is the most popular of the long-memory processes and was introduced by Kolmogorov in 1940 and later...