The early 21st century saw Australia experience its largest and longest terms of trade boom. This paper places this recent boom in a long-run historical context by comparing the current episode with earlier cycles. While similarities exist across most episodes, current macroeconomic policy...

This paper investigated the cooling processes of high temperature slags using SHTT (single hot thermocouple technique) and CFD (computational fluid dynamics) method for the purpose of recovering the waste heat. A series of slags with the CaO/SiO2 ratio of 1.1 and different Al2O3 contents were...

Drought is an extreme event in hydrologic cycle. The occurrences of drought events usually feature determinacy and randomness. With the increasing impact of climate change and anthropogenic activities, drought happens in more areas with higher frequency, and now it threatens the water and...

We find that the firm-level variance risk premium has a prominent explanatory power for credit spreads in the presence of market- and firm-level control variables established in the existing literature. Such predictability complements that of the leading state variable—the leverage ratio—and...

The Split-Share Structure Reform granted legitimate trading rights to the state-owned shares of listed state-owned enterprises (SOEs), opening up the gate to China׳s secondary privatization. The expectation of privatization quickly boosted SOE output, profits, and employment, but did not change...

This article investigates how the legacy of colonization shapes the impact of inward FDI on employment in the Chinese labor market. The analysis utilizes provincial panel on overall employment and employment in the service sector during 2006-15. We find that inward FDI significantly promotes...