This study develops a multi-region computable general equilibrium model (CGE model) with considering limited factor movement on the regional economy of Yangtze River Delta (YRD) in China. In broadly, YRD is composed of Shanghai City, Jiangsu province, and Zhejiang province. It has been achieved remarkable economic growth in the recent three decades. It was identified as a national-level regiona...

Knowledge Graphs have emerged as a compelling abstraction for capturing key relationship among the entities of interest to enterprises and integrating data from heterogeneous sources. JPMorgan Chase (JPMC) is leading this trend by leveraging knowledge graphs across organization multiple mission critical applications such risk assessment, fraud detection, investment advice, etc. A core problem i...

a r t i c l e i n f o JEL classification: C53 G17 Keywords: GARCH Higher conditional moments Approximate predictive distributions Value-at-Risk S&P 500 Treasury bill rate Euro–US dollar exchange rate It is widely accepted that some of the most accurate Value-at-Risk (VaR) estimates are based on an appropriately specified GARCH process. But when the forecast horizon is greater than the frequency...

The O-Ring theory is used to analyze the emergence of ̄rms organized as partnerships. The owner-managers of such entrepreneurial ̄rms bene ̄t from ability matching within their production teams. However, they must bear the project risk. Risk-aversion then induces a second-best solution. Integrated ̄rms managed on behalf of riskneutral residual-claimants face information and/or enforcement problem...