The switching of health insurance plans and health care utilization are potentially correlated with both observable and unobservable information. This paper presents a two-period model of health care utilization, and attempts to account for unobserved heterogeneity that simultaneously affects...

In this paper, we used the production function method and the Van Norden method to estimate China's output gap (and potential output) from 1985 to 2009 year,and comparise the two methods. The results showed that: (1) the results of different methods are basically consistent with our economic...

Since reform and open to the outside world, foxtail millet planting area in Hebei Province has constantly reduced, and its planting region has changed from the whole province into some regions, with obvious changes. In this paper, by using qualitative and quantitative approaches like chart...

The L2–L∞ fuzzy control problem is considered for nonlinear stochastic Markov jump systems with neutral time-delays. By means of Takagi–Sugeno fuzzy models, the fuzzy controller systems and the overall closed-loop fuzzy dynamics are constructed. A sufficient condition is firstly...

Spatial networks, also known as random geometric graphs, are random graphs with certain distance metric, in which each node is connected to some others within its neighborhood disc. Due to the rapid increase of network scales, the design of spatial networks becomes increasingly challenging....

China’s economy has been growing rapidly since the late 1970s and is expected to maintain this momentum in the foreseeable future. Coupled with the biggest population in the world, there is tremendous growth potential for China’s capital markets and financial services industry,...

We review inventories in mainland China by evaluating the trajectory of aggregate inventories in recent decades, and then modelling the relationship of inventories in some 300,000 manufacturers with respect to volume (using cost of goods sold), industry (using SIC codes), and geographical...

This paper studies the impact of housing market cycles on loss given default (LGD). Previous studies have shown that the current loan-to-value ratio (CLTV) is the most important determinant of LGD. This paper establishes another linkage which is between the house price cycles before the time of...