The estimated rates of return to education are typically (often considerably) above 10 percent a year in real terms - a respectable rate of return. The rates of return are highest for primary education, and higher in countries where educated manpower is scarcer, and the durability of educational...

We study the roles of local financial development and foreign direct investment, and more importantly, their interaction with one another, in local capital allocation, based on Chinese industrial and regional data. Our main finding is that, although local financial development and FDI each...

The structure of the Au(111) electrode has been investigated using surface X-ray scattering (SXS) in a variety of electrolytes. Although the underlying gold layers have hexagonal symmetry, the top most gold layer forms a rectangular, uniaxial incommensurate (px √3) structure in the absence of...

Facility dispersion seeks to locate the facilities as far away from each other as possible, which has attracted a multitude of research attention recently due to the pressing need on dispersing facilities in various scenarios. In this paper, as a facility dispersion problem, the geometric...

Probit model is applied to analyze some key factors influencing farmers’ willingness to participate in the new vocational training for farmers based on 683 questionnaires from 8 districts in Chongqing. The results show that individual and family factors significantly affect...

A number of studies have investigated the causes and effects of stock market crashes. These studies mainly focus on the factors leading to a crash and on the volatility and co-movements of stock market indexes during and after the crash. However, how a stock market crash affects individual...

A takeover success prediction model attempts to use information that is publicly available at the time of the announcement in order to predict the probability that a takeover attempt will succeed. This paper develops a takeover success prediction model by comparing two techniques: the...