Using a novel dataset of news events for 170,000 entities across over 100 countries, we find that media sentiment plays an important role in the market for merger and acquisition. Firms with high media sentiment are more likely to become an acquirer. The effect of media on the likelihood of an...

To promote the heat transfer capacity of the condenser end in the heat pipe heat exchanger, the experimental and numerical investigation have been carried out to study the heat transfer and fluid flow characteristics for three densely longitudinal fins enhanced annular heat exchanger (AHE)...

The CDS Big Bang introduced two standard coupons for CDS trading. We exploit the setting of the two standard coupons as a natural experiment to quantify the components of the bid-ask spreads in over-the-counter markets. We find that a significant portion of the difference in the bid-ask spread...

Recent changes to China's financial system, in particular ongoing interest rate liberalization, gradual movement toward a more flexible exchange rate regime, and rapid development of capital markets, have changed substantially the environment in which monetary policy operates. In light of these...

We study the factors influencing the sugar imports in China. A multivariate linear regression model for quantitative analysis in established and the model is researched with multicollinearity treatment, autocorrelation and heteroscedasticity test. Research result shows that the per capita income...

Recent changes to China's financial system, in particular ongoing interest rate liberalization, gradual movement toward a more flexible exchange rate regime, and rapid development of capital markets, have changed substantially the environment in which monetary policy operates. In light of these...