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We find that investor sentiment should affect a firm's employment policy in a world with moral hazard and noise traders. Consistent with the model's predictions, we show that higher sentiment among US investors leads to: (1) higher employment growth worldwide; (2) lower labor productivity, as the...
Persistent link: https://www.econbiz.de/10011255878
This study focuses on the potential impacts of large-scale land use and land cover changes (LUCC) on surface temperature from a global perspective. As important types of LUCC, urbanization, deforestation, cultivated land reclamation, and grassland degradation have effects on the climate, the...
Persistent link: https://www.econbiz.de/10010762608
Growing water scarcity is one of the central challenges for sustainability in China, given its burgeoning industry and huge population, especially in the arid and semi-arid inland river basin where precipitation is very limited. Industrial transformation is an important engine of economic...
Persistent link: https://www.econbiz.de/10011075158
Based on the computable general equilibrium (CGE) modelling method, this research analyzes the relationship between industrial structure and land use structure in China. The results show that our model is feasible, and the simulation results are of a certain stability. Under the scenario...
Persistent link: https://www.econbiz.de/10011099341
China has been stressing the needs of promoting regional sustainable development through industrial transformation. In the northwest region of China, which is faced with both urgent socioeconomic development and fragile ecological conditions, with water scarcity being one of the major...
Persistent link: https://www.econbiz.de/10011105147
Given a dictionary of $M_n$ initial estimates of the unknown true regression function, we aim to construct linearly aggregated estimators that target the best performance among all the linear combinations under a sparse $q$-norm ($0 \leq q \leq 1$) constraint on the linear coefficients. Besides...
Persistent link: https://www.econbiz.de/10009645715
Given a dictionary of Mn initial estimates of the unknown true regression function, we aim to construct linearly aggregated estimators that target the best performance among all the linear combinations under a sparse q-norm (0 = q = 1) constraint on the linear coefficients. Besides identifying...
Persistent link: https://www.econbiz.de/10010968920
This paper attempts to propose hybrid methodology of compiling water resource extended input-output (IO) table at county level (According to administrative structure of China, a county is subordinate to its province, and provincial level is parallel to state level of other countries). By...
Persistent link: https://www.econbiz.de/10010777746
We extend the traveling salesman problem with pickup and delivery and LIFO loading (TSPPDL) by considering two additional factors, namely the use of multiple vehicles and a limitation on the total distance that a vehicle can travel; both of these factors occur commonly in practice. We call the...
Persistent link: https://www.econbiz.de/10010597660
Persistent link: https://www.econbiz.de/10009421058