Annual reports are the main sources of information for outside investors' investment decisions and enable shareholders to supervise the management. Difficulties with the readability of these reports may therefore have serious consequences. Using 19,221 firm-year observations of Chinese A-share...

We estimate the casual effect of warmer temperatures on energy poverty in China using a nationally representative household survey from 2014 to 2018. Exploiting daily mean temperatures over the 12 months preceding the interview, we find that warmer temperatures increase energy poverty at both...

While it is well-established that air pollution damages health and inhibits productivity, the political cost of air pollution remains poorly understood. We estimate the causal effect of air pollution on political trust in local government in China, which underpins the stability of the...

Reducing energy intensity and coping with climate change are important policy issues that face all countries. This study examines the impact of business cycles (recessions and expansions) on energy intensity in sixteen emerging countries in 1990-2014. We find that during periods of economic...

When data are to be shared between business partners, there could be some sensitive patterns which should not be disclosed to the other parties. On the other hand, the “quality” of the data must also be preserved. This creates an interesting question: how can we maintain the shared data that...

The World Bank Group (WBG) has adopted a new strategy which sets two ambitious goals of ending extreme poverty and promoting shared prosperity. To operationalize the twin goals, the WBG is developing a more evidence-based and selective country engagement model, the Country Partnership Framework...

There are many techniques for electricity market price forecasting. However, most of them are designed for expected price analysis rather than price spike forecasting. An effective method of predicting the occurrence of spikes has not yet been observed in the literature so far. In this paper, a...