This paper investigates macroprudential policies and their role in containing systemic risk in China. It shows that China faces systemic risk in both the time (procyclicality) and cross-sectional (contagion) dimensions. The former is reflected as credit and asset price risks, while the latter is...

A biologically productive area was used in the ecological footprint method to measure the demand and impact of human activities on the natural capital, and further, to judge whether the impact is within the scope of the regional bio-capacity. In this presentation, an indicator “ecological...

Venture capital cannot only promote technological innovation and the development of high-tech industries, but also makes contribution to economic growth. Having a good reputation as the "Silicon Valley in Middle East", Israel is one of the most successful countries in developing venture capital....

Low shrinkage porous TiB 2 -based ceramics reinforced by the overlapping TiB whiskers network are firstly fabricated through the in-situ reaction between TiB 2 and Ti at low temperature (1450 °C). The whiskers with a high aspect ratio at pore channel are controlled by a vapor-solid growth...

This paper investigates macroprudential policies and their role in containing systemic risk in China. It shows that China faces systemic risk in both the time (procyclicality) and cross-sectional (contagion) dimensions. The former is reflected as credit and asset price risks, while the latter is...

One of important issues of the policymakers is to improve output and/or productivity growth associated with information and communication technology (ICT) adoption, where total factor productivity (TFP) growth related with ICT in the 1990s appeared in the US but not in the UK (Jorgenson and...

We provide a theory of how growth, corruption, and a low-powered public-sector pay scale coexist in a stable equilibrium in the early stage of China's development. The regionally decentralized authoritarian regime of China features lower-level government officials competing for promotion to a...

This paper investigates macroprudential policies and their role in containing systemic risk in China. It shows that China faces systemic risk in both the time (procyclicality) and cross-sectional (contagion) dimensions. The former is reflected as credit and asset price risks, while the latter is...

The application of a stationary ultra-capacitor energy storage system (ESS) in urban rail transit allows for the recuperation of vehicle braking energy for increasing energy savings as well as for a better vehicle voltage profile. This paper aims to obtain the best energy savings and voltage...