This paper presents the design and construction of an annotated Chinese collocation bank as the resource to support systematic research on Chinese collocations. With the help of computational tools, the bi-gram and n-gram collocations corresponding to 3,643 headwords are manually identified. Furthermore, annotations for bi-gram collocations include dependency relation, chunking relation and cla...

An identity links the rate of economic growth, the speed of poverty reduction and changes in the distribution of income during some time period in a given country. A few authors used that identity to understand the causes for observed changes in poverty and to identify the exact role of economic growth in poverty reduction. Yet, many empirical cross-country studies of the relationship between g...

Syntactic dependency features, which encode long-range dependency relations and word order information, have been employed in sentiment classification. However, much of the research has been done in English, and researches conducted on exploring how features based on syntactic dependency relations can be utilized in Chinese sentiment classification are very rare. In this study, we present an em...

This paper explains why the overall stance of monetary policy is effected by both interest rates and the exchange rate, and hence why a Monetary Conditions Indicator can provide useful information about the stance of policy. Three output gap equations estimated in this paper reveal that the real interest rate and the real exchange rate both affect excess demand but that the real interest rate i...

A method is proposed to assist participants in the design of complex integrated models for engineering design. The approach builds on the DOME (Distributed Object-based Modeling and Evaluation) framework, which is intended to facilitate the creation of integrated models by allowing groups of designers to link services of models encapsulated by distributed objects. The aim is to provide a tool f...

This paper analyzes the determinants of the welfare state. In a model that integrates majority voting and lobbying by interest groups, we show how the bargaining power of the unskilled and the skilled workers’ lobby affects the size of the welfare state: The more influential the union representing the unskilled, the greater the extent of redistribution. On the other hand, the presence of depend...

The world’s markets are increasingly interconnected, imposing additional challenges for both regulators and market participants. This paper considers the effect of inter-market dependencies on the spread of endogenously generated merger waves. Though merger activity can generate efficiency gains, it disrupts market competition and can lead to negative effects for consumers. The conditions under...

This paper studies a variety of world financial market indices to determine how widespread the phenomenon of nonlinear serial dependency is, and then, by studying a relatively financially isolated market, the Taiwan Stock Exchange of the 1980s, examines more closely the extent to which nonlinearity appears to be an inherent feature of financial trading behavior. Nonlinearity is found to be a cr...

We develop a tractable two-country overlapping-generations model with domestic financial frictions and show that cross-country differences in financial development explain three recent empirical patterns of international capital flows. In our model, domestic financial frictions create two distinct distortions on the interest rates and production efficiency in the less financially developed coun...