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The integration of urban and rural areas in China in the new period is a transformation process of the social and economic structure jointly promoted by new urbanization and rural revitalization. Focusing on Northeast China from 2004 to 2019, this paper reveals the characteristics and types of...
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Using hedge fund returns and county-level religiosity data during 1996-2013, we examine the effects of local religious beliefs on hedge fund risk-taking behaviors. We find that local religiosity is significantly negatively related to both total and idiosyncratic volatilities of hedge funds, even...
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