Purpose The study aims to elaborate the author's basic viewpoints on how economics should view the Internet from four aspects. Design/methodology/approach This paper reviews the existing literature on this topic, and summarizes key findings and conclusions of these researches. Findings The...

We exploit the staggered introduction of the PCAOB’s international inspection program to examine the role that the stringency of public audit oversight plays in shaping US institutional investors’ home bias. Analyzing a sample of foreign firms listed in the United States, we evaluate whether...

In this work, goethite modified activated carbon (α-FeOOH@AC) was synthesized by wetness-impregnation and used as a persulfate (S2O82-, PS) activator to inactivate Escherichia coli in water. Surficial analysis displayed that micron-sized (0.5 to 1 μm) α-FeOOH particles were uniformly...

The creation of the China-led AIIB has been the most important event in the international financial sphere in recent years, but the comments about it have often been made from a multitude of lenses, thus complicating the recognition of its real implication. By clarifying the inclinations...

There exists strong commonality in credit risk across sovereigns [Pan and Singleton (2008); Longstaff, Pan, Pedersen and Singleton (2011)]. This paper embeds this commonality into a rating-based, reduced-form model. A parsimonious version of the rating-based model can adequately capture the...