Recently, soaring housing prices in major Canadian cities such as Vancouver and Toronto have raised concerns among residents and policy makers. There is a wide spread belief that the overheating of these real estate markets is due to foreign buyers. If confirmed, the link between outside...

This paper investigates how to improve prediction accuracy of stock realized volatility using a large set of predictors. Exploiting normalized positive adjusted R-square and significant t statistic of predictor obtained from the in-sample result as weight, we develop two simple and effective...

Efficient and selective glucose-to-fructose isomerization is a crucial step in biorefinery, usually catalyzed by Lewis acid or Brønsted base catalyst. However, inferior selectivity of Lewis acid and low conversion of Brønsted base hamper the practical application. Herein, a Mg-Al...