This paper studies the impact government expenditure has on inflation by examining an augmented Phillips curve implied from a structural New Keynesian model, Our estimation results, based on external instruments, show that the augmented Phillips curve has a flatter slope than the canonical...

To better satisfy various stakeholders, firms are seeking integrated practices that can enhance their sustainability performance, also well known as the Triple Bottom Line (3BL). The fashion industry exhibits potential conflicts with the spirit of sustainability because of the waste created by...

We present game theoretic models of two of the most famous military bluffs from history. These include the legend of Li Guang and his 100 horsemen (144 BC), and the legend of Zhuge Liang and the Empty City (228 AD). In both legends, the military commander faces a much stronger opposing army, but...

Dehydrated Xilinhaote lignite (XL) and Huolinguole lignite (HL) were depolymerized in supercritical methanol at 310°C and the resulting soluble reaction mixtures were analyzed with GC/MS. The results show that the GC/MS-detectable species can be classified into hydroxybenzenes (HBs), esters,...

Nanometer magnetic solid base catalysts were prepared by loading CaO on Fe3O4 with Na2CO3 and NaOH as precipitator, respectively. The optimum conditions for preparation of this catalyst were investigated. The influence of the proportion of Ca2+ to Fe3O4 on the catalytic performance has been...

In order to improve fuel quality of biomass, a novel biomass crushing system was presented. In this paper there were different biomasses, namely pine chips, corn stalk and cotton stalk, chosen for size reduction study. The production process was described and physical characteristics (particle...