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Spot market power is
mitigated by putting suppliers and demanders in a more balanced position at the time of the spot
market. The markets also reduce transaction costs and improve liquidity and tran...
Using Information to Improve the Effectiveness of Nonlinear Pricing: Evidence from a Field Experiment
Nonlinear Pricing Effectiveness
2015/7/31
This paper reports on the results of two field experiments examining the impact of
providing information on how a consumer’s own electricity use translates into its monthly
electricity bill on how...
Global warming:Improve economic models of climate change
Global warming economic models climate change
2015/7/17
On 31 March, the Intergovernmental Panel on Climate Change (IPCC) released its latest report on the impacts of climate change on humans and ecosystems (see go.nature.com/ad5v1b). These are real riskst...
Does Mandatory IFRS Adoption Improve the Information Environment?
Earnings Management Financial Reporting International Accounting Forecasting and Prediction
2015/4/23
We examine the effect of mandatory International Financial Reporting Standards ('IFRS') adoption on firms' information environment. We find that after mandatory IFRS adoption consensus forecast errors...
Does Antitrust Policy Improve Consumer Welfare ? Assessing the Evidence
To improve Consumer Welfare Antitrust policy Assessment evidence
2014/11/27
Should the United States pursue a vigorous antitrust policy? Soon after the passage of the Sherman Antitrust Act of 1890, economists led by John Bates Clark (1901) argued that the enforcement of such ...
Using forward markets to improve electricity market design
Electricity market design Forward market Capacity market Firm energy market
2014/11/27
Forward markets, both medium term and long term, complement the spot market for wholesale electricity. The forward markets reduce risk, mitigate market power, and coordinate new investment. In the med...
North Carolina State University researchers have developed a suite of technologies that can be used to enhance communication between dogs and humans, which has applications in everything from search a...
Realized Wavelet Jump-GARCH model: Can wavelet decomposition of volatility improve its forecasting?
wavelet decomposition jumps volatility forecasting Realized GARCH
2012/4/28
In this paper, we propose a forecasting model for volatility based on its decomposition to several investment horizons and jumps. As a forecasting tool, we utilize Realized GARCH framework of Hansen e...
Can a stock market listing help to improve the operational performance of China's banks?
China's banking sector initial public offerings operational performance
2011/9/27
This study attempts to empirically examine the impact of initial public offerings on China's banking sector. The period considered covers the years 1996-2004. The fixed effects and random effects mode...
New World Bank Loans to Help China Improve Urban Environments and Build Skills for Workers
New World Bank China Urban Environments Skills Workers
2009/6/16
Three new World Bank loans to China, totaling US$250 million, were approved today by the World Bank’s Board of Executive Directors in support of projects to improve water and wastewater management in...
$42.8 Million Assistance Package for Philippines to Help Improve Marine Resources and Coastal Livelihoods
Marine Resources coastal ecosystems biodiversity conservation
2007/2/1
25 January 2007，MANILA, PHILIPPINES - ADB is helping the Philippines strengthen its fragile marine ecosystem through a $33.8 million loan for a project to improve coastal resource management and boost...
Countries without natural resources or foreign aid can grow just if they do serious economic liberalization. Liberal reforms are first followed by a post-reform recession, and afterwards with growth, ...