Based on a systematic review and summarization of China’s 30 years of financial reform and development, this paper comprehensively analyzes the past, present and future development of China’s financial system and also presents the mechanism for China’s financial development from the view...

ABSTRACT We estimate the effectiveness of offering discounts on the demand for featured pork products using Ipsos‐Reid's Consumer Panel of Canada data for a 1‐year period from April 2007 to March 2008, and explore whether there are any positive or negative spillover effects on non‐featured...

Based on the stylized facts of financial crises and systemic risk accumulation, this paper constructs a new financial imbalance index (FII) from the perspective of endogenous financial cycles and assesses its application in China's macro-financial analysis. The results show that the FII is not...

By constructing a modified version of interest-rate term structure and incorporating it into a micro-founded DSGE model, this paper investigates China's monetary policy transparency as well as its macroeconomic implications by using quarterly data for the period 1992–2013. Empirical results...

Credit risk management is important for the investors in practical risk management. This paper aims to discuss how to evaluate the default risk of bond portfolios by applying extreme value theory. Based on Black and Cox default approach, we propose a novel threshold default model and use extreme...

Based on Landsat image, the Landsat Ecosystem Disturbance Adaptive Processing System (LEDAPS) uses radiation change detection method for image processing and offers the surface reflectivity products for ecosystem carbon sequestration and carbon reserves. As the accumulation of massive remote...

Under practical operation conditions, hydrodynamic characteristics of floating horizontal-axis turbine are affected by the wave-induced motion response of the floating platform for the turbine system. In this thesis, CFX software is adopted to analyze the hydrodynamic performance of the turbine...

This paper applies the pressure-state-response (PSR) model to establish environmental quality indices for 30 administrative regions in China from 2003 to 2011 and employs panel data analysis to study the relationships among the urbanization rate, economic development and environmental change....

This case describes how Fujian CTS Group, a state-owned company in Fujian Province, China, transformed from a company suffering from three consecutive years of losses to a profitable conglomerate through strategic restructuring. This case focuses on the whole process of strategic restructuring,...