In order to reduce greenhouse gas emissions, China's provinces have issued a series of carbon emission trading policies in recent years. As China's first ecological civilization demonstration zone, Fujian Province has also promulgated an array of carbon emission trading policies. Therefore,...

Using a broad dataset of individual consolidated data of French banks over the period 1993-2007, we seek to evaluate the sensitivity to adverse macroeconomic scenarios of the three main sources of banking income, namely interest margins, fees and commissions, and trading income. First, we show...

We build a stress testing framework to evaluate the sensitivity of banks’ profitability to plausible but severe adverse macroeconomic shocks. Specifically, we test the resilience of French banks using supervisory data over the period 1993-2009. First, we identify the macroeconomic and...

In this paper, we discuss interval estimation for the common mean of several heterogeneous log-normal (LN) populations. The proposed procedure is based on a higher order likelihood method. The merits of our proposed method are numerically compared with other three methods with respect to their...

We examine whether women exposed to China's one-child policy (OCP) change their fertility decisions when they migrate to a country without fertility restrictions. Using American Community Survey data (2010 2020), we compare the childbearing decisions of Chinese-born women with varying degrees of...