By making use of the stationary test, co-integration test, Granger Causality and Error Correction Model(ECM), we research the relationship between the electric power consumption of the whole society and GDP growth in Hainan Island from 1988 to 2009. In particular, we study the relationship...

This paper presents a new algorithm to calibrate the option pricing model, i.e. the algorithm that recovers the implied local volatility function from market option prices in the optimal control framework. A unique optimal control is shown to exist. Our algorithm is well-posed. Our numerical...

This investigation compares the traditional energy structure with improved energy structures, and evaluates the impact of renewable energy on gender relations in rural communities in north-west China. The traditional energy consumption structure in rural communities in north-west China was based...

In recent years, exchange markets are increasingly integrated together. Fluctuations and risks across different exchange markets exhibit co-moving and complex dynamics. In this paper we propose the entropy-based multivariate wavelet based approaches to analyze the multiscale characteristic in...