Assessing the medical quality of hospitals based on control charts has received lots of attention. However, existing control charts produce delay and false alarms when applying to semi-competing risk data, which widely exist in biomedical and clinical fields. Some studies have suggested that...

We incorporate terms-of-trade externality into a small open economy featuring an incomplete market, sterilized intervention, and capital controls as in Chang et al. (2015), and we highlight the central banks reaction to exchange rate movement. Our calibrated model using data from China shows...

Each value for TU-games satisfying efficiency, symmetric and linear is called an ESL value. We introduce a new value for TU-games with coalition structures, namely the Shapley-ESL value, which applies the Shapley value among coalitions and the ESL value within coalitions. Based on a new basis...