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We derive a parsimonious three-factor asset pricing model (cross-sectional CAPM, CS-CAPM) in which stock return dispersion (realized cross-sectional variance of long-short equity portfolios) and stock return skewness (realized cross-sectional skewness of equity portfolios) are the driving forces...
Persistent link: https://www.econbiz.de/10012706167
<bold>Problem, research strategy, and findings:</bold> Planners need a clear understanding of what influences walking and bicycling behavior to develop effective strategies to increase use of those modes. Transportation practitioners have largely focused on infrastructure and the built environment, although...
Persistent link: https://www.econbiz.de/10010970770
<title>Abstract</title> Governments across many countries are adopting new social media (e.g. twitter), and police departments are engaging in the bandwagon too. We empirically examine the spread of police microblogging in Chinese municipal police departments from the perspective of organizational innovation...
Persistent link: https://www.econbiz.de/10010972129
Understanding the logic of fiscal decentralization is pivotal for the next steps of fiscal reform, and retrospection of the literature and evidences accumulated in the field is the first step. As a typical transition economy with rapid and extensive devolution reforms, China is the ideal context...
Persistent link: https://www.econbiz.de/10009650687
The effects of paste components on the properties of porous TiO2 film electrodes prepared through screen-printing technique were investigated in order to efficiently control and optimize the main fabrication step of the dye-sensitized solar cells (DSSCs). The screen-printed porous TiO2 films...
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