Disruption of corporate financialization and labor cost growth: Evidence from China's new asset management rules.

The new asset management rules in China bring financial institutions under a unified regulatory framework, aiming to curb regulatory arbitrage, control systemic risk, and improve financial stability. Exploiting the new-rules-induced exogenous shock that disrupts corporate financialization, this study finds that firms with ex ante higher degrees of financialization respond to the regulation by increasing labor costs. Management's financial expertise and ownership concentration are mechanisms through which disruption of financialization affects corporate employment strategies.

TODIM-VIKOR method based on hybrid weighted distance under probabilistic uncertain linguistic information and its application in medical logistics center site selection.

At a time of global epidemic control, the location of the medical logistics distribution center (MLDC) has an important impact on the operation of the entire logistics system to reduce the operating costs of the company, enhance the service quality and effectively control the COVID-19 on the premise of increasing the company's profits. Thus, the research on the location of MLDC has important theoretical and practical application significance separately. Recently, the TODIM and VIKOR method has been used to solve multiple-attribute group decision-making (MAGDM) issues.

Natural resources for policy makers: Revisiting COVID-19 perspective of aggregate South Asian economies.

The global pandemic of covid-19 affected human lives and the global environment. Further, literature on the nexus of natural resources and economic growth, initiating the pandemic in the 21st century has confronted policymakers with uncertainty. This requires revisiting the link between natural resources and the economic performance of the South Asian economies.

Factors affecting accommodation hosts' willingness to use ground-source heat pumps (GSHPs).

Clean energy products have increased market share over the past few years. The ground-source heat pumps (GSHPs), however, do not enjoy such a favorable status in China. This research uses the theory of planned behavior to investigate accommodation operators' readiness to adopt GSHPs and the factors that impact their decision.

Does high-speed rail stimulate university technology transfer? evidence from China.

Prior studies ignore the impact of infrastructure on university technology transfer. High-speed rail, China's most significant infrastructure, has played an essential role in the economy and society. Using high-speed railway construction as a quasi-experiment and a large sample of Chinese universities for the 2007-2017 period, we investigate the impact of high-speed rail on university technology transfer.

Geographic dispersion and corporate resilience during the COVID-19 pandemic.

This study demonstrates the positive role of geographic dispersion in corporate resilience to the COVID-19 pandemic in the context of China. This association is more pronounced when firms are highly dependent on the domestic market, less likely to obtain enough financing, highly apply digital technology, and have low customer concentration. This association is attributable to the following three channels: a diversified portfolio, the maintenance of business relationships, and access to non-local resources.

An Optimized Schwarz Method for the Optical Response Model Discretized by HDG Method.

An optimized Schwarz domain decomposition method (DDM) for solving the local optical response model (LORM) is proposed in this paper. We introduce a hybridizable discontinuous Galerkin (HDG) scheme for the discretization of such a model problem based on a triangular mesh of the computational domain. The discretized linear system of the HDG method on each subdomain is solved by a sparse direct solver.

The alternative path for fossil oil: Electric vehicles or hydrogen fuel cell vehicles?

New energy vehicles are accelerating to substitute for internal combustion engine vehicles (ICEVs) and fossil oil. Although most literature acknowledges this trend, few compare two specific substitutable paths in terms of the operation system, namely electric vehicles (EVs) and hydrogen fuel cell vehicles (HFCVs). This paper makes a comparative analysis of EVs and HFCVs in power sources, fuel storage and transportation, fuel supply infrastructure construction, and the cost and use of vehicles.

Private capital holding, financial awareness of government and steadying operation of banks: Evidence from China.

Based on the panel data of 123 city commercial banks in China from 2007 to 2017, we use the dynamic panel system GMM estimation method to empirically test the impact of private capital holdings on the stability of city commercial banks. The results show that private capital holding improves the operating performance of city commercial banks, reduces the volatility of return on total assets, and is conducive to the stability of city commercial banks. Furthermore, the lack of financial awareness of local governments has led to the negative impact of private capital, that is, the stability of the banks has declined.

Factual and counterfactual learning in major adolescent depressive disorder, evidence from an instrumental learning study.

Background: The incidence of adolescent depressive disorder is globally skyrocketing in recent decades, albeit the causes and the decision deficits depression incurs has yet to be well-examined. With an instrumental learning task, the aim of the current study is to investigate the extent to which learning behavior deviates from that observed in healthy adolescent controls and track the underlying mechanistic channel for such a deviation.

Methods: We recruited a group of adolescents with major depression and age-matched healthy control subjects to carry out the learning task with either gain or loss outcome and applied a reinforcement learning model that dissociates valence (positive .

Adams-based hierarchical features fusion network for image dehazing.

Recent developments in Convolutional Neural Networks (CNNs) have made them one of the most powerful image dehazing methods. In particular, the Residual Networks (ResNets), which can avoid the vanishing gradient problem effectively, are widely deployed. To understand the success of ResNets, recent mathematical analysis of ResNets reveals that a ResNet has a similar formulation as the Euler method in solving the Ordinary Differential Equations (ODE's).

Structural properties and evolution of global photovoltaic industry trade network.

As resource shortages and environmental problems keep coming up, economies urgently need renewable energies as the new driving force for development. As one of the representatives of renewable energy, the photovoltaic (PV)'s trade has received much attention from all walks of life. Based on bilateral PV trade data, complex network methods and exponential random graph models (ERGM), this paper constructs global PV trade networks (PVTNs) during 2000-2019, describes detailed evolution features and verifies the influencing factors of the PVTNs.

Globalization, institutions, and environmental quality in Middle East and North African countries.

Sustainable development has received significant attention due to rapidly rising environmental issues, and finding solutions to these issues caused by various indicators are the subject of research nowadays. To this end, the increasing globalization and institutional quality to address environmental challenges have become hot subject and need better attention. Accordingly, this study enhances the literature by examining the role of political stability, the rule of law, control of corruption, and globalization on the environment for 14 Middle Eastern and North African (MENA) countries between 1996 & 2018, applying cross-sectional augmented autoregressive distributed lags (CS-ARDL) approach.

Are daughters more preferred by young people in contemporary China? Qualitative evidence from one-child generation cohorts in urban Jiangsu.

The one-child policy in China brought about a fast decline in fertility levels and an increasingly skewed sex ratio at birth in China. The deep-seated tradition of son preference has been regarded as the main cause. However, news and recent research have pointed out that having daughters appears more popular among young people in urban areas.

Mouse Cardiac Arrest Model for Brain Imaging and Brain Physiology Monitoring During Ischemia and Resuscitation.

Most cardiac arrest (CA) survivors experience varying degrees of neurologic deficits. To understand the mechanisms that underpin CA-induced brain injury and, subsequently, develop effective treatments, experimental CA research is essential. To this end, a few mouse CA models have been established.

Systemic risk prevention policies targeting systemically important banks: Does clustering pattern matter?

It is well known that strengthening the soundness of individual banks that are too large or too interconnected is essential for maintaining financial stability. The clustering among homogeneous banks may also cause financial fragility but has received less attention. This paper discusses the policy improvement for preventing systemic risk from the perspective of the clustering pattern of systemically important banks (SIBs) based on a network optimization model.

Does Chinese-style margin trading promote the high-quality development of listed companies?

Using the margin trading reform of China's stock market as a quasinatural experiment, this paper explores whether margin trading promotes the high-quality development of listed companies. The results show that total factor productivity (TFP) significantly decreases after listed companies are included in the underlying stocks of margin trading. In addition, the negative impacts are stronger for listed companies with higher financial leverage, lower cash asset holdings, lower shareholdings of financial institution investors, and less attention from securities analysts.

Robust and efficient subsampling algorithms for massive data logistic regression.

Datasets that are big with regard to their volume, variety and velocity are becoming increasingly common. However, limitations in computer processing can often restrict analysis performed on them. Nonuniform subsampling methods are effective in reducing computational loads for massive data.

Does the low-carbon pilot policy improve urban economic resilience? Evidence from China.

Identifying the relationship between carbon neutrality initiatives and its economic impact is crucial in evaluating the cost of low-carbon transition for policy makers. In this paper, a theoretical model is built to discuss the effects of the low-carbon pilot policy in China on urban economic resilience and an empirical test is conducted to examine the relationship using the Heckman two stage model and a panel data of 277 cities from 2004 to 2020. The results show that low-carbon pilot policy significantly enhanced urban economic resilience and the stimulating effect is mainly achieved by motivating technology innovations.

Why people engage in corrupt collaboration: an observation at the multi-brain level.

Recent studies suggest that corrupt collaboration (i.e. acquiring private benefits with joint immoral acts) represents a dilemma between the honesty and reciprocity norms.

Assessment of a training project of English as a media of instruction(EMI) using Kirkpatrick model.

Background: English as a Media of Instruction (EMI) teacher development project is based upon the framework for teacher Continuing Professional Development (CPD) and aims to effectively improve both the confidence and overall capacity of EMI lecturers. Kunming Medical University(KMU) conducted the EMI training project to improve teachers' competence for MBBS education. This study aimed to assess teachers' changes following the implementation of this training project, via the Kirkpatrick evaluation model.

Does venture capital Quan Zi affect stock mispricing: Evidence from Chinese listed companies.

Chinese traditional culture is characterized by "Quan Zi" culture with a "differential order pattern". As a special informal institutional arrangement, "Quan Zi" plays an important role in the capital market. This paper investigates how Venture Capital Quan Zi affects the stock mispricing of invested companies.

Developing and validating a multidimensional Chinese Parental Psychological Control Scale.

Introduction: This study validated a Chinese Parental Psychological Control Scale (CPPCS) among secondary school students in mainland China.

Methods: The item pool consisting of 65 items was constructed based on consultation with existing measures and focus group interviews of 19 Chinese adolescents. After content validation conducted by 14 experts, a total of 40 items were retained and subject to further factorial validation based on a sample of 963 Chinese adolescents (mean age = 13.