The international literature has paid significant attention to presenting China as the largest emitter of greenhouse gases (GHGs) in the world, despite having much lower per-capita emissions than the global average. In fact, the imbalance of economic development leads to diversity in GHG...

We examine the use of simultaneous close junior lien lending ("piggybacks") over the course of the recent housing bubble and subsequent mortgage market collapse. Using both state-level and Zip code-level data over the period 2001-2008, we find that the fraction of piggyback originations is...

Objects This article reviews China's policy development on community health centers and examines effects on service selection, due to difference in funding level and profit seeking incentive.Methods We summarize policies on community health centers since 1997 and identify the importance of joint...

We consider a generalization of the classical open shop and flow shop scheduling problems where the jobs are located at the vertices of an undirected graph and the machines, initially located at the same vertex, have to travel along the graph to process the jobs. The objective is to minimize the...

In parameter estimation, it is not a good choice to select a “best model” by some criterion when there is model uncertainty. Model averaging is commonly used under this circumstance. In this paper, transformation-based model averaged tail area is proposed to construct confidence interval,...

Store buildings usually have distinct characteristics of significant depth, high human density and heat-emitting sources, a high simultaneity usage coefficient for the air conditioning system, etc. The aim of this paper is to develop a rational rating method for green stores. By comparing the...

This paper presents a numerical investigation of the smart load control on an Upwind/NREL 5 MW reference wind turbine under the IEC extreme wind shear (EWS) condition utilizing newly developed aero-servo-elastic platform. The control action was implemented through the local perturbation of a...

This paper presents a newly developed aero-servo-elastic platform for implementing smart rotor control and shows its effectiveness with aerodynamic loads on large-scale offshore wind turbines. The platform was built by improving the FAST/Aerodyn codes with the integration of an external...

type="main" <p>Home equity lending grew rapidly from 2000 to 2008 with balances more than tripling. In this article, we examine the role this phenomenon may have played in increasing aggregate default risk during the mortgage crisis. We also document a relationship between growth in home equity...</p>

We use a cost of carry model with nonzero transactions costs to motivate estimation of a nonlinear dynamic relationship between the S&P 500 futures and cash indexes. Discontinuous arbitrage suggests that a threshold error correction mechanism may characterize many aspects of the relationship...