This paper investigates the association between real estate demand and the volatility of population changes. In a financial liberalized housing market, the housing mortgage loan implies insurance function to homeowners through the default option. Larger expected volatilities in the population...

Using DCC-GARCH model, this paper finds that, since 1990, the relationship between crude oil prices and the US dollar index is time-varying, demonstrating a process of ‘very weak correlation-negative correlation-enhanced negative correlation-weakening negative correlation’, but the existing...

The Chinese economy is facing the impact of soaring energy prices, including the prices of coal, electricity and oil. The impacts of energy price fluctuations on general prices have a significant delayed effect. A novel price-temporal input-output (I-O) method is proposed to measure these...