Background As health care cost is taking an increasingly substantial proportion of national wealth, health shocks and the subsequent medical expenditures have become increasingly vital contributions to fnancial risks. However, the individual or combined efects of social and fnancial medical...

Industrial agglomeration not only brings economic prosperity, but also raises concerns about its environmental impact. How to balance industrial agglomeration and inclusive economic growth is a major challenge for today's social development. On the foundation of the balanced panel data of 164...

As an alternative to traditional venture capital investment, crowdfunding has emerged as a novel method and potentially disruptive innovation for financing a variety of new entrepreneurial ventures without standard financial intermediaries. It is still unknown to scholars and people who use...

Since China's reform and opening up, the urban economy has substantially developed, and the nation’s urbanization process has advanced to gradually enter a "new normal" phase. In this process, China's population and industries continue to inundate its cities, and environmental pollution has...

This study aims to examine the green innovation effect of the carbon emissions pilot policy in China. First, using the difference-in-differences method and regressions of instrumental variables using the data from Chinese listed firms, we verify that the policy promotes green innovation among...

This study aims to investigate the performance and behavior of fiat- and gold-backed cryptocurrencies to support stakeholders through the preparation of a portfolio from 1 January 2021 to 30 June 2022. Moreover, while searching for a hedge or a diversifier to construct a less risky portfolio...