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Academy of Mathematics and Systems Science, CAS Colloquia & Seminars：Assessing the impact of foreign content in China's exports on the carbon outsourcing hypothesis
中国出口 中外国含量 碳外包假说 影响评估
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2023/4/24
Much academic attention has been given to the so-called carbon outsourcing hypothesis: the idea that increased outputs and exports of energy intensive goods from developed countries, especially China,...
Why Do Inventors Sell to Patent Trolls?Experimental Evidence for the Asymmetry Hypothesis
Sell to Patent Trolls the Asymmetry Hypothesis
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2015/6/9
Why do individual patent holders assign their patents to “trolls” rather than license their technologies directly to manufacturers or assert them through litigation? We explore the hypothesis that an ...
A Test of the Adaptive Market Hypothesis using Non-Bayesian Time-Varying AR Model in Japan
Adaptive Market Hypothesis Non-Bayesian Time-Varying Autoregressive Model Market Efficiency Long-Run Multipliers Kalman Smoothing
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2012/9/14
This paper examines the adaptive market hypothesis of Lo (2004, 2005) using the Ito and Noda’s (2012) non-Bayesian time-varying AR model in Japan. As shown
in Ito and Noda (2012), their degree of mar...
The Current Financial Crisis, Monetary Policy, and Minsky's Structural Instability Hypothesis
central banking financial crisis, minsky monetary policy securitization structural instability.
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2011/8/21
The object of this work is to evaluate the monetary policy issues that arose during the financial crisis of 2007-8 according to Minsky's thought. It is argued that Minsky's idea of structural instabil...
Machiavelli’s Possibility Hypothesis
Dictator aggregation of preferences republic democracy
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2010/12/6
This paper discusses the thesis that in Arrow’s Possibility Theorem the dictator (merely) serves as a solution to the logical problem of aggregating preference while Machiavelli’s dictator, the Prince...
NONPARAMETRIC TESTS OF THE MARKOV HYPOTHESIS IN CONTINUOUS-TIME MODELS
Markov hypothesis Chapman–Kolmogorov equation locally linear smoother transition density diffusion
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2014/3/13
We propose several statistics to test the Markov hypothesis forβ-mixing stationary processes sampled at discrete time intervals. Our tests are based on the Chapman–Kolmogorov equation. We establish th...
A note comprising a negative resolution of the Efficient Market Hypothesis
negative resolution Efficient Market Hypothesis
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2010/12/13
This note comprises a negative resolution of the Efficient Market Hypothesis.
SOCIAL MOBILITY AND THE DEMAND FOR REDISTRIBUTION: THE POUM HYPOTHESIS
SOCIAL MOBILITY THE DEMAND FOR REDISTRIBUTION POUM HYPOTHESIS
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2014/3/13
This paper examines the often stated idea that the poor do not support high levels of redistribution because of the hope that they, or their offspring, may make it up the income ladder. This “prospect...