The interaction between the exchange rate regime, trade firms' price-setting behavior, and exchange rate pass-through (ERPT) is an important topic in international economics. This paper studies this using a goods-level dataset of US-China trade prices collected by the US Bureau of Labor...

Lease expiration management (LEM) in the apartment industry aims to control the number of lease expirations and thus achieve maximal revenue growth. We examine rental rate strategies in the context of LEM for apartment buildings that offer a single lease term and face demand uncertainty. We show...

Traffic flow directionality and network weight asymmetry are widespread notions in traffic networks. This paper investigates the influence of direction-dependant heterogeneity on traffic congestion. To capture the effect of the link directionality and link weight asymmetry, the heterogeneity...

Avalanche or cascade failure is ubiquitous. We first classify the cascading phenomena into two categories: the cascading disasters which result in large-scale functional failures and the cascading events that do not lead to disasters. We elucidate that two important factors, the increasing...

The collective dynamics of large-scale computer networks remains elusive due to not only the internal adaptive behaviors of network-wide flows, but also the spatial–temporal changes in the external environment. In this paper, we investigate the time-dependent collective behavior by using a...

Price-setting behavior of exporters and exchange rate pass-through (ERPT) are crucial issues in international macroeconomics. This paper studies these topics, using a novel dataset of goods-level US-China trade prices collected by the US Bureau of Labor Statistics. We document that the duration...

We present sharp asymptotic limit properties of the maximum of the occupation measure around intervals for a transient Brownian sheet. The corresponding multifractal analysis via packing dimension for occupation measures is also established.

The interaction between the exchange rate regime, trade firms' price-setting behavior, and exchange rate pass-through (ERPT) is an important topic in international economics. This paper studies this using a goods-level dataset of US-China trade prices collected by the US Bureau of Labor...

This study examines individual commodity futures price reactions to large one-day price changes, or 'shocks'. The mean-adjusted abnormal return model suggests that investors in 6 of the 18 commodity futures examined in this study either underreact or overreact to positive surprises. It also...