Optimal insurance demand for a risk-averse individual in the expected utility framework is already well-known since the pioneer work of Arrow (1971) and Rav
A class of thresholding-based iterative selection procedures (TISP) is proposed for model selection and shrinkage.People have long before noticed the weakne
In the linear model,Fan and Lv (2008) showed that simple correlation ranking possesses a sure independence screening property under certain conditions and t
In longitudinal studies,mixed effects models are useful to address subject-specific behavior.However,random effects are mostly assumed to follow a normal di
Center for Econophysics Research,East China University of Science and Technology A new clustering method for financial time series is proposed,based on the
In recent years,the proportion of Mortgage Loan Commitment in bank credit as a whole has been increasing constantly.More and more scholars attached importan