This paper utilizes China’s interbank deposit system under COVID-19 to examine how interbank network changes with considerable uncertainty surrounding exogenous shock. We investigate the interbank network in China by specifying the core-periphery pattern to disentangle the network development...

This study examines the volatility spillovers in four representative exchanges and for six liquid cryptocurrencies. Using the high-frequency trading data of exchanges, the heterogeneity of exchanges in terms of volatility spillover can be examined dynamically in the time and frequency domains....

The transaction-level analysis of security price changes by Madhavan, Richardson, and Roomans (1997, hereafter MRR) is a useful framework for financial analysis. The first-order Markov property of trading indicator variables is a critical assumption in the MRR model, which contradicts the...

Purpose: This paper describes a typical Value stream mapping (VSM) application enhanced by the discrete event simulation (DES) to a dedicated tubular manufacturing process. Design/Methodology/Approach: VSM is prescribed as part of lean production portfolio of tools, not only highlights process...

In this paper, the authors use the concept of the population Receiver Operating Characteristic (ROC) curve to build analytic models of ROC curves. Information about the population properties can be used to gain greater accuracy of estimation relative to the non-parametric methods currently in...

Studies have found that air pollution increases with land misallocation, that is, industrial land is offered at low prices and in large quantities, while commercial/residential land at high price and in a restricted manner. We posit that urban sprawl is an important intermediate mechanism by...

Purpose: This paper describes a typical Value stream mapping (VSM) application enhanced by the discrete event simulation (DES) to a dedicated tubular manufacturing process. Design/Methodology/Approach: VSM is prescribed as part of lean production portfolio of tools, not only highlights process...

The purpose of this paper is to use UK pension funds asset allocation information to model the risk attitude of the representative UK pension fund investor. Unlike the previous literature on loss aversion, we find that UK pension funds display risk aversion with respect to gains and to losses....