We empirically assess a variety of portfolio construction strategies using MSCI country indices from 1998 to 2010. These strategies range from the classic mean-variance optimization strategy to simple allocation strategies, such as equally weighted and dividend-yield-weighted portfolios. We find...

This paper explores the causal link between background risk and household portfolio choices following a unique exogenous shock: land expropriation with a change in the residence status ( hukou ). Such change enables household members to access public goods in the area of residence, which in turn...

To enhance the contact opportunities between active species and organic pollutants, thereby increasing the total organic carbon (TOC) removal rate of organic pollutants. This study employed a self-designed underwater arc discharge (UAD) plasma reactor, which combined advanced oxidation process...