Data suggest that the Canadian financial structure, and particularly indirect finance (e.g., banking), have become more market-oriented. We associate this financial trend in part with the regulatory changes that have occurred in Canada since the 1980s. Financial intermediaries are increasingly...

This article studies a unique feature of the binomial CUSUM chart in which the difference (dt-d0) is replaced by (dt-d0)2 in the formulation of the cumulative sum Ct (where dt and d0 are the actual and in-control numbers of nonconforming units, respectively, in a sample). Performance studies are...

In this paper, we evaluate seven simple monetary policy rules in a wide range of models of the Canadian economy. Our results indicate that none of the seven simple policy rules we examined is robust to model uncertainty, in that no single rule performs well in all models. In fact, our results...

The direct food subsidy is an important agricultural subsidy policy under current conditions, more efficient than grain price protection policy and other policies, and it is of great importance to the agricultural development, but this policy will not meet the interests of society in the long...

Many cities worldwide have considered vehicle restriction policies to curb proliferating problems related to traffic and pollution. At the beginning of 2011, Beijing became the first city to allocate vehicle license plates using a lottery. We provide a background on Beijing׳s lottery and...

This paper presents the results of numerous commercial and residential building simulations, with the purpose of examining the impact of climate change on peak and annual building energy consumption over the portion of the EIC (Eastern Interconnection) located in the United States. The climate...

Biogas technology has brought benefits to health, the environment, the economy and energy conservation. Vast biomass resources, including organic waste, have the potential for use as feedstock for biogas production in China. This paper presents the development status of biogas application in...

The small-world property, vertices are highly clustered yet the path length between them is small, has been widely studied in unweighted graphs. In many real-world networks, the connections have associated weights that represent the strength of the interactions among vertices. This important...