This article documents the Great Trade Collapse of 2008-09, as well as the dramatic recovery in trade of 2009-10. The authors consider how three distinct policy actions - fiscal stimulus, funding for trade finance, and a commitment to refrain from increasing trade barriers - might have affected...

Many popular statistical models, such as factor and random effects models, give arise a certain type of covariance structures that is a summation of low rank and sparse matrices. This paper introduces a penalized approximation framework to recover such model structures from large covariance...

Microplastics (MPs) pollution has caused attentions globally due to their potential risk to the environment. In this work, MPs in snowpit samples collected from Demula (DML) glacier in the southeast Tibetan Plateau were investigated. The results showed that the average abundance of MPs in snow...

This article documents the Great Trade Collapse of 2008–09, as well as the dramatic recovery in trade of 2009–10. The authors consider how three distinct policy actions — fiscal stimulus, funding for trade finance and a commitment to refrain from increasing trade barriers — might have...

Using the data on terrorist attacks that occurred in the US and the sample of peer-to-peer (P2P) lending on Prosper.com from 2007 and 2017, we find that borrowers increase the maximum interest rate they are willing to pay in areas where terrorist attacks have occurred. Terrorist attacks cause...

This paper examines how the macroeconomic environment affects crash risk-policy uncertainty sensitivity. We document that policy uncertainty heightens crash risk, while economic growth diminishes crash risk-policy uncertainty sensitivity through the managers’ policy risk perception channel....

We select the per capita gross domestic product and rural residents' per capita net income in Xinjiang as the indicator variables to measure economic growth and farmers' income increase in Xinjiang, respectively. We establish the cointegration equation, the vector error correction (VEC) model,...

Energy consumption brought about by economic growth has aggravated carbon emissions and climate change, and technological innovation is an important measure for energy conservation and emission reduction to mitigate climate change. Using the data of Asian and European countries from 1996 to...

This paper investigates the impact of climate change and technological innovation on economic growth, energy consumption, and carbon emissions by using annual observations of a wide range of variables of Asian and European countries from 1996 to 2021. The study uses a dynamic GMM model and...