This study examines the ability of government bond fund managers to time the bond market, based on their monthly or quarterly holdings of Treasury securities during the period 1997-2006. We nd that, on average, government bond funds exhibit signi cantly positive timing ability at the one-month...

We study the dynamic relation between aggregate mutual fund flow and market-wide volatility. Using daily flow data and a VAR approach, we find that market volatility is negatively related to concurrent and lagged flow. A structural VAR impulse response analysis suggests that shock in flow has a...

Greenhouse gas emission has been scientifically shown to be the primary cause of observed global climate change. The reduction of greenhouse gas levels in the atmosphere deserves international attention. Aside from strategies to reduce emissions, increasing carbon (C) storage by forests has...

Households vary in their ability to deal with disasters, and this may lead to different recovery results. Aiming to examine this differentiation, this paper studied the 2009 Yao’an earthquake in China. Surveys of 200 destroyed rural households were conducted in field investigations and...

China has a long history of earthquake records. The Shanxi rift system (SRS) is situated along the axial zone of the domal uplift of the Shanxi Highlands and is the boundary between the Ordos block and the North China Plain block. Strong earthquakes in the SRS have been recorded since the...

Past research has suggested that the acceptance concern of lesbians, gays and bisexuals (LGB), defined as LGB individuals’ sensitivity to negative judgement and rejection associated with their sexuality, is negatively related to subjective wellbeing. However, the mechanism underlying this...