In recent years, the foreign exchange reserves of our country rose sharply. In order to diversify foreign exchange risk and maximize the revenue of foreign exchange reserves, our country set up the first sovereign wealth funds (SWFs) in 2007, namely China Investment Corporation (CIC). The main...

Based on a survey of 939 farmers in Sichuan and Chongqing, this paper analyzes the influencing factors of entrepreneurial farmers’ formal financial credit demands and credit constraints with Probit model. It is found that entrepreneurial farmers have strong demand for formal financial...

This paper presents some limit theorems for realized power variation of processes of the form observed at high frequency. Here BH is a fractional Brownian motion with Hurst parameter H[set membership, variant](0,1),[phi] is a process with finite q-variation for q1/(1-H), [xi] is a purely...

New type professional farmers are farmers who possess certain resources and capitals, have certain extent of spirit of entrepreneurship, and are fully capable of obtaining and allocating resources related to agricultural production and management, and engaged in agricultural production and...

Most existing studies of food demand focus on economic factors, such as income and price. Physical factors which determine human energy intake requirement, given economic conditions, such as gender and age structures of the population as well as occupation, are usually not incorporated. While...

Concurrent with market economic reforms, China is facing an increasing income gap and an aging population. The question addressed in the present paper is how much aging contributes to the rising disparity in consumption. Based on the model established by Ohtake and Saito (1998), our study shows...