This paper investigates the role of information and communication technologies (ICT) adoption and usage in enhancing the subjective well-being (SWB) of citizens, using the latest available China General Social Survey (CGSS) database. The impact is assessed using a two-level hierarchical linear...

This paper presents a comparative analysis of 52 municipal smart city plans drawn from countries around the world, with the goal of enumerating the specific policies and programs that are included under the general rubric of various "smart city" initiatives. Cluster analysis identified five...

This paper investigates the role of information and communication technologies (ICT) adoption and usage in enhancing the subjective well-being (SWB) of citizens, using the latest available China General Social Survey (CGSS) database. The impact is assessed using a two-level hierarchical linear...

With the in-depth development of informatization, the role of new ventures and small and micro enterprises in economic growth has become increasingly prominent. However, rare literature systematically studies the impact of informatization on entrepreneurship. Based on the data from the 2011...

Using hand-collected TV programming data and intra-day trading data from China, we compare the trading, liquidity, and returns of on-show and off-show stocks in the same sector. Our difference-in-difference analysis reveals that post-show, off-show stocks experience significant improvements in...

Using hand-collected TV programming data and intra-day trading from China, we compare the trading, liquidity, and returns of on-show and off-show stocks in the same sector. Our difference-in-difference analysis reveals that post-show, off-show stocks experience significant improvements in...

Using a novel, hand-collected dataset of a popular financial TV show and intra-day trading data from China, we compare the trading, liquidity, and returns of on-the-show and off-the-show stocks from the same industry. Employing a difference-in-difference approach, we find that off-the-show...

Examining the illiquidity premium in stock markets across 45 countries, we find the following. First, the average illiquidity return premium across countries is positive and significant, after controlling for other pricing factors. The premium is measured by monthly return series on...

We propose a modified version of the Amihud illiquidity measure, AdjILLIQ, which performs well in different types of emerging markets. Our AdjILLIQ measure combines the virtues of the original Amihud ratio and the non-trading-frequency measure. It exhibits higher correlation with spread and...