This paper investigates the Chinese tariff pass-through mechanism. We estimate how market structure, specifically the size of the private sector, affects the transmission of prices from the border to consumers by using household survey data from urban China. Our results suggest that changes in...

This empirical study investigates the performance of Real Estate Investment Trusts (REITs). Although many people have studied REIT performance, their findings on the long-term performance of REITs are generally inconclusive. The objectives of this study are: (1) to evaluate the long-term...

Real estate finance includes rural real estate finance and urban real estate finance. Rural real estate finance is also called farmland finance, but it has been omitted in the circle of real estate finance for a very long time. Farmland finance maybe not a problem for developed countries, but it...

The latent class mixture-of-experts joint model is one of the important methods for jointly modelling longitudinal and recurrent events data when the underlying population is heterogeneous and there are nonnormally distributed outcomes. The maximum likelihood estimates of parameters in latent...

This paper examines the impact of globalization on wage inequality using Chinese Urban Household Survey data from 1988 to 2008. Exploring two trade liberalization shocks, Deng Xiaoping's Southern Tour in 1992 and China's accession to the World Trade Organization (WTO) in 2001, we analyze whether...

This paper studied the annual thermal performance of a photovoltaic wall (PV wall) mounted on a multi-layer façade. Based on some developed unsteady-state heat transfer models for a PV wall and a normal wall, the annual thermal performance of two types of walls was simulated. Compared with a...

This study presents a two-dimensional numerical analysis for thermal control strategies on potential energy savings in a double-pane window integrated with see-through a-Si photovoltaic (PV) cells with low-emittance (low-e) coatings. Both heat transmission through the air gap by combined...

Biomass is an important primary energy source as well as renewable energy source. As the most promising biomass utilization method, gasification/pyrolysis produces not only useful fuel gases, char and chemicals, but also some byproducts like fly ash, NOx, SO2 and tar. Tar in the product gases...

<heading id="h1" level="1" implicit="yes" format="display">ABSTRACT</heading>We report the results of an experiment that shows that investors' earnings- and investment-related judgments are jointly influenced by their investment position (long versus short), the news valence of guidance issued by management, and the amount of ambiguity in the guidance. Prior...