The rising minimum wage has important implications for Texas, which unlike other big states sets its minimum wage equal to the federal one.

This paper firstly summarized the domestic and foreign research progress in the relationship between fertilization measures and soil fertility. It elaborated the relationship between fertilization measures and basic physical and chemical properties, soil enzyme activity, soil microorganism...

As a key task of fine-grained sentiment analysis, aspect-based sentiment analysis aims to analyse people's opinions at the aspect level from user-generated texts. Various sub-tasks have been defined according to different scenarios, extracting aspect terms, opinion terms, and the corresponding...

The growing importance of citation-based bibliometric indicators in shaping the prospects of academic careers incentivizes scientists to boost the numbers of citations they receive. Whereas the exploitation of self-citations has been extensively documented, the impact of reciprocated citations...

Despite the growing importance of teams in producing innovative and high-impact science and technology, it remains unclear how expertise diversity among team members relates to the originality and impact of the work they produce. Here, we develop a new method to quantify the expertise distance...

In attempting to promote bank stability, the Basel Committee on Banking Supervision (2006) provides a framework that seeks to control the amount of tail risk that large banks take in their trading books. However, banks around the world suffered sizeable trading losses during the recent crisis....

One issue in the argument about the merits of pegged and floating exchange rates involves the magnitude of transactions costs in the foreign exchange market under alternative exchange rate regimes. The higher the transactions costs, the greater the deterrence to international trade. Moreover,...

This paper offers a new approach for pricing options on assets with stochastic volatility. We start by taking as given the prices of a few simple, liquid European options. More specifically, we take as given the “surface†of Black-Scholes implied volatilities for European options with...

Statistical inference in predictive regressions depends critically on the stochastic properties of the posited explanatory variable, in particular, its order of integration. However, confidence intervals for the largest autoregressive root of explanatory variables commonly used in predictive...

In attempting to promote bank stability, the Basel Committee on Banking Supervision (2006) provides a framework that seeks to control the amount of tail risk that large banks take in their trading books. However, banks around the world suffered sizeable trading losses during the recent crisis....