Some policymakers and academic researchers suggest that relaxing the exchange rate regime will increase the independence of Chinese monetary policy. To test this argument, we estimate spot interest rate models with dummy variable sets and derive an economic interpretation. The empirical results...

This paper investigates the effectiveness of using securities class action lawsuits in monitoring defendant firms by institutional lead plaintiffs from two aspects: (1) immediate litigation outcomes, including the probability of surviving the motion to dismiss and the settlement amount, and (2)...

Human diseases developed during pregnancy could be caused by the direct effects of both maternal and fetal genes, and/or by the indirect effects caused by genetic conflicts. Genetic conflicts exist when the effects of fetal genes are opposed by the effects of maternal genes, or when there is a...

We use a generalized birth--death stochastic process to model the high-frequency dynamics of the limit order book, and illustrate it using parameters estimated from Level II data for a stock on the London Stock Exchange. A new feature of this model is that limit orders are allowed to arrive in...

The methodology for assessing the vegetation damaged by the Wenchuan earthquake by using the technologies of remote sensing and GIS was discussed in Dujiangyan city of Sichuan Province, China. The model of extracting vegetation from CBERS images was formulated using the differentiation knowledge...

This paper is concerned with the robust stability analysis problem for uncertain stochastic neural networks with time-varying delay. The parameter uncertainties are assumed to be norm bounded. By defining a new Lyapunov–Krasovskii functional, the restrictions such as the time-varying delay was...

The edge heterogeneity has a remarkable influence on disease spreading, but it has seldom been considered in the disease-controlling policies. Based on the gravity model, we propose the edge importance index to describe the influence of edge heterogeneity on immunization strategies. Then the...

The time-series properties of cattle production in three countries with different technologies, Argentina, the United States, and Uruguay, are studied in order to shed light on the role of technology in the dynamics of the cattle sector. Four series are analyzed for each country, slaughter,...