There exist many differences between urban and rural China among which residential CO2 emissions arising from energy consumption is a major one. In this paper, we estimate and compare the energy related CO2 emissions from urban and rural residential energy consumption from 1991 to 2004. The...

This paper shows how policies aimed at insuring health risks and those intended to improve the environment are (and should be) deeply intertwined. In the model economy, inspired by recent Chinese experience, pollution raises the likelihood of poor health in the future prompting agents to self...

This paper studies the evolution of wealth inequality in an economy with endogenousborrowing constraints. In the model economy, agents need to borrow to finance humancapital investments but cannot commit to repaying their loans. Creditors can punishdefaulters by banishing them permanently from...

We derive a class of matching priors for the shape parameter of the exponential power distribution, which controls the thickness of the density tails. It is shown that a second-order matching prior does not exist in the subclass of the considered priors.

<Para ID="Par1">In this paper we consider the Bayesian approach to the problem of variable selection in normal linear regression models with related predictors. We adopt a generalized singular <InlineEquation ID="IEq1"> <EquationSource Format="TEX">$$g$$</EquationSource> <EquationSource Format="MATHML"> <math xmlns:xlink="http://www.w3.org/1999/xlink"> <mi>g</mi> </math> </EquationSource> </InlineEquation>-prior distribution for the unknown model parameters and the beta-prime prior for the scaling factor <InlineEquation ID="IEq2"> <EquationSource...</equationsource></inlineequation></equationsource></equationsource></inlineequation></para>

This paper characterizes an intergenerational welfare state with endogenous education and pension choice under general equilibrium-probabilistic voting. We show that politically implementing public education program always increases the future human capital, but this higher future human capital...

We study the problems of hypothesis testing and point estimation for the correlation coefficient between the disturbances in the system of two seemingly unrelated regression equations. An objective Bayesian solution to each problem is proposed based on combined use of the invariant loss function...

In this paper, we develop a novel method to detect the community structure in complex networks. This approach is based on the combination of kernel-based clustering using quantum mechanics, the spectral clustering technique and the concept of the Bayesian information criterion. We test the...

Diamond-like carbon (DLC) films were deposited on the surface of silver nanoparticles (NPs) using two different sets of technology parameters by radio-frequency magnetron arc plasma enhanced chemical vapor deposition (PECVD) in this paper. The probe profilometer, SEM, AFM, Raman spectroscopy,...