Mortgage payments and household consumption in urban China

Urban and Rural Household Saving in China

Household saving behavior in China during the past thirty years is studied by using econometric models. The urban sector and the rural sector are investigated separately: the time-varying-parameter technique is applied to urban time-series data, and panel data are used for estimation of the rural sector. The estimated results of the models are robust and in line with those of similar studies of...

Household Consumption and Household Type: What Can We Learn from Mortgage Refinancing?

Household Operational Energy Consumption in Urban China: A Multilevel Analysis on Jinan

With decades of economic growth and socio-economic transformation, China’s residential sector has seen rapid expansion in energy consumption, and is now the second largest energy consuming sector in the country. Faced with challenges of energy resource depletion and natural environment deterioration, China has been intensifying its efforts on energy conservation and emissions reductions in the ...

Household Risk Management and Optimal Mortgage Choice

A typical household has a home mortgage as its most significant financial contract. The form of this contract is correspondingly important. This paper studies the choice between a fixed-rate (FRM) and an adjustable-rate (ARM) mortgage. In an environment with uncertain inflation, a nominal FRM has risky real capital value whereas an ARM has a stable real capital value. However an ARM can increas...

economic optimization and energy consumption in tray dryers

دراین پروژه به بررسی مدل سازی خشک کردن مواد غذایی با استفاده از هوای خشک در خشک کن آزمایشگاهی نوع سینی دار پرداخته شده است. برای آنالیز انتقال رطوبت در طی خشک شدن به طریق جابجایی، یک مدل لایه نازک برای انتقال رطوبت، مبتنی بر معادله نفوذ فیک در نظر گفته شده است که شامل انتقال همزمان جرم و انرژی بین فاز جامد و گاز می باشد. پروفایل دما و رطوبت برای سه نوع ماده غذایی شامل سیب زمینی، سیب و موز در طی...