Given p ∈ (1,2), the wellposedness of backward stochastic differential equations with jumps (BSDEJs) in Lp sense gives rise to a general (conditional) nonlinear expectation with Lp domain that is consistent with the filtration generated by a Brownian motion and a Poisson random measure (jump...

This paper theoretically studies and empirically estimates (1) how spousal labor supply affects bargaining between the husband and wife over their private consumption, and (2) the impact of this intrahousehold bargaining on their reservation wage and unemployment duration. We consider a model of...

It is widely believed that a firm’s social network may affect its market value. Yet there is few empirical evidence supporting this assumption. This paper attempts to address this issue by using the data of Chinese listed firms together with the relevant social network information. The study...