Online banking has become an important distribution channel for commercial banks. We construct a bank-specific indicator of online channel adoption to study the risk and return of online channels based on a sample of 118 Chinese banks in the period 2002-2016. Our empirical results find that...

Cultural distance is an important factor for the success of venture capital (VC) investments. Using a large sample of Chinese VC events, this study examines how cultural proximity between VC investors and portfolio firms, as measured by a unique indicator using Chinese dialects, affects the...

Due to the lack of specific structure and size of gas turbine, the characteristic maps of components cannot be obtained, which causes many difficulties on building an accurate gas turbine model and judging degradation with the increase of running time. In this research, the field data of Ban...

Through a series of exploration based on PSR framework model, for the purpose of building a suitable Chongqing agricultural non-point source pollution evaluation index system model framework, combined with the presence of Chongqing specific agro-environmental issues, we build a agricultural...

Este artículo presenta una colección de funciones computacionales que son utilizadas en la implementación de un análisis bayesiano exhaustivo para la diferencia de dos proporciones. Con este fin, se discute la estimación puntual, la estimación mediante intervalos de credibilidad y la...

La definición de esperanza de una variable aleatoria en los textos clásicos es dife-rente a la definición que se da en un curso de probabilidad basado en la teoría de la medida. En este manuscrito se muestra por qué, efectivamente, estas dos definiciones coinciden.

We integrated frictional financial intermediation into a Tractable Heterogeneous Agents New Keynesian model. With the incorporation of income risk, the rare events trigger a sharper consumption decline due to precautionary saving. Aggregate rare events shock exacerbate income and consumption...

Using the daily returns data of 18 sector indexes of CSRC industry classification, this paper explores the spillover effect among the sector indexes returns in China's stock market. We combine the DAG and SEM methods for the first time to analyze the structure and intensity of the...

This paper discusses about the target tracking problem with high-frequencies disturbance rejection demand in tip-tilt mirrors, where the mechanical vibration disturbances always exist near the system’s resonance. Resonance’s influence to system’s tracking performance is analyzed. And a...