This paper develops a theoretical model to identify various risks in the Chinese property insurance market. Consequently, we apply a structural VAR model to quantify the magnitude, historical timing of these risks, and their dynamic impacts on the permanent and transitory components of the...

The stochastic resonance (SR) in a second-order linear system driven by a trichotomous noise and an external periodic signal is investigated. By the use of the properties of the trichotomous noise and the Shapiro–Loginov formula, the exact expression for the output spectral amplification (SPA)...

This paper studies how to solve semi-infinite polynomial programming (SIPP) problems by semidefinite relaxation methods. We first recall two SDP relaxation methods for solving polynomial optimization problems with finitely many constraints. Then we propose an exchange algorithm with SDP...

The zone system used for freight data collection and the geographic resolution of published data has a significant impact on analysis and planning. The majority of existing freight model zones are created in an ad hoc way. In this paper, a new model-based design method is introduced to develop...

Biodiesel was produced from acidified soybean soapstocks by using lignin-derived carbonaceous catalyst (LCC). LCC was a solid acidic catalyst prepared by direct sulfonation of residual lignin from Xanthoceras sorbifolia Bunge hulls. The textural properties of the catalyst were characterized by...

This paper reviews some of China’s high frequency economic indicators and our principal findings on their selection and use. Our aim is to develop a composite index of coincident indicators (CEI) which can be used to obtain timely information on the present state of the China’s economy and...

This paper examines the extent of asymmetric effects and the hypothesis of Japanese dominance in East Asian financial integration by analyzing the transmission mechanism to local interest rates from interest rates originating in both Japan and the US. The results support a weak version of the...