Do policies that aim to mitigate fire sale externalities actually improve financial stability? We study this question in a model of financial intermediation where banks may sell long-term assets in financial markets subject to cash-in-the-market pricing and bank runs. In the absence of...

For strategic and competitive insights, this study measures and benchmarks the comparative operating efficiencies of insurance companies in Taiwan and mainland China. We employ the two-stage DEA with the bootstrapped truncated regression approach to examine the overall efficiency of insurance...

Climate change poses the most significant threat to humanity today. This study examines the global warming trend by analyzing temperature changes over the past century, uncovering alarming results. Various models, including the Random Walk with Drift approach with R programming language, have...