We investigate the relevance between quantum open systems and stock markets. A Quantum Brownian motion model is proposed for studying the interaction between the Brownian system and the reservoir, i.e., the stock index and the entire stock market. Based on the model, we investigate the Shanghai...

Fuzzy mathematics comprehensive evaluation method is used to evaluate the geological environment suitability of rural urbanization in Qingdao City, China. A total of 5 first-level evaluation factors are selected, including environmental geological condition, geological resources, engineering...

This paper investigates the factors affecting the conservatism of accounting reports at the market-level and firm-level. At the market-level, law and institutional factors explain conservatism, while at the firm-level contracting is the driver. We predict and observe that while both levels...

China's social safety net is still underdeveloped, hence family support in the form of intergenerational transfers often serves as a substitute for the public transfer system. Using data from the China Health and Retirement Longitudinal Study, this paper finds that both upstream inter-vivos...

It has been widely observed that China's break-neck growth has not been equally shared between rural and urban areas, with urban households' enjoying a much larger proportion. To further test whether regional inequality exists within urban areas, we measure urban households vulnerability in a...

Credit cards have become a common method of payment for college students in China. It is important that they form good credit card usage behaviors and build a good credit history early in their financial life. Using data collected from 10 universities in China, results of this study found that...

This paper investigates the factors affecting the conservatism of accounting reports at the market-level and firm-level. At the market-level, law and institutional factors explain conservatism, while at the firm-level contracting is the driver. We predict and observe that while both levels...

Family support in the form of intergenerational transfers could serve as a substitute for the public transfer system, especially when the public safety net is weak. Intergenerational transfers could be impacted by changes in public insurance. Conversely, induced changes in family transfers could...