This study constructs a multidimensional index to measure the digital application level of rural households based on micro-survey data and empirically investigates the economic returns and mechanism of its effects. The results reveal that for every 1% increase in the digital application level of...

Assessing the medical quality of hospitals based on control charts has received lots of attention. However, existing control charts produce delay and false alarms when applying to semi-competing risk data, which widely exist in biomedical and clinical fields. Some studies have suggested that...

Under the background of trade liberalization and new urbanization, it is of great significance to study how city opening leads to wage premium and improve income distribution. This paper examines the relationship between trade liberalization, city size and urban wage premium using micro data...

Financial market imperfections severely restrict currency use in international trade. We develop a unified search-based framework with financial frictions to address the determinants for currency choice, emphasizing the roles of trade finance and financial market development, as well as macro,...

Financial market imperfections severely restrict currency use in international trade. We develop a unified search-based framework with financial frictions to address the determinants for currency choice, emphasizing the roles of trade finance and financial market development, as well as macro,...

With 10-minute data from Nov 2014 to Jan 2015, a threshold autoregression (TAR) model is estimated to assess the exchange rate differential between onshore and offshore RMB market, and the following result is in order. (i) The threshold effect is verifed during sample period, around 40 bps on...

With 10-minute data from Nov 2014 to Jan 2015, a threshold autoregression (TAR) model is estimated to assess the exchange rate differential between onshore and offshore RMB market, and the following result is in order. (i) The threshold effect is verifed during sample period, around 40 bps on...

The determinants of international currency received a lot of academic attention since great recession, especially given China's intention to internationalize RMB. Recent empirical studies in history and international economics confi�rmed the importance of �nancial market development in this...

The determinants of international currency received a lot of academic attention since great recession, especially given China's intention to internationalize RMB. Recent empirical studies in history and international economics confirmed the importance of financial market development in this...

The determinants of international currency received a lot of academic attention since great recession. Classical literature focused on economy size and openness, but that couldn't explain why China's currency remains largely national, while it's already the leading country in international...