Purpose – Study the investment and risk management approach of sovereign wealth funds when national wealth including natural resources is accounted for rather than only financial asset. Methodology/Approach – Using a range of widely used asset classes, we simulate sovereign wealth fund...

We have demonstrated a flat multi-wavelength Brillouin erbium-doped fiber laser (MWBEFL) based on a Sagnac loop with an unpumped erbium-doped fiber (Un-EDF). A Sagnac loop with an Un-EDF is used as power equalizer to achieve multi-wavelength power flatness by adjusting the birefringence beat...

1. Introduction 1.1 Problem Area Goldman Sachs (GS) is a US based global investment bank running its business in Asia Pacific region with an office in Hong Kong as headquarter, as well as offices in Beijing and Shanghai for China business contacts. It employs in Asia over 1000 people and 150 of...

In this study, we explore how climate risk affect corporate innovation using a sample collected from 293 cities in China between 2014 to 2020. We construct a city-level climate risk indicator to measure the degree of damage from climate-related natural disasters, and find that climate risk has a...

This paper provides new evidence on how offshoring shifts relative labor demand for tasks at the industry level. A novel theoretical mechanism, based on sorting of heterogeneous workers into occupations with task dependent offshoring cost, guides estimation. Cost shares of tasks are linked to...