Generalized autoregressive conditional heteroskedasticity (GARCH) processes have become very popular as models for financial return data because they are able to capture volatility clustering as well as leptokurtic unconditional distributions which result from the assumption of conditionally...

The world has been severely challenged by the Coronavirus Disease (COVID-19) outbreak since the early 2020s. Worldwide, there have been more than 66 million cases of infection and over 3,880,450 deaths caused by this highly contagious disease. All sections of the population including those who...

Using data from the 2009 China Health and Nutrition Survey, this study investigates China's income-health gradient by analyzing the effect of both current and long-term household income on 22 blood-based biomarkers, 4 used as individual variables and all 22 assessed as a composite. After...

International test scores are used to proxy the quality of source country educational outcomes and explain differences in the rate of return to schooling among immigrants in Canada. The average quality of educational outcomes in an immigrant's source country and the rate of return to schooling...

We draw attention to two identification issues with previous studies that utilized tertiary education expansion to estimate the causal effect of education on fertility: (i) the mis-categorization of women past the usual college-entry age as "unexposed" to the expansion, and (ii) a possible...