To explain the reason why momentum effect in emerging markets is much weaker than that in developed markets. We divide the traditional momentum returns into intra-style momentum and inter-style momentum effect on the basis of style investing. According to the result, intra-style momentum effect spreads widely in all of the twelve emerging markets, as the primary driving factor for the overall m...

We investigate continuation-passing style transforms that pass two continuations. Altering a single variable in the translation of λ-abstraction gives rise to different control operators: first-class continuations; dynamic control; and (depending on a further choice of a variable) either the return statement of C; or Landin’s Joperator. In each case there is an associated simple typing. For tho...

We investigate call-by-value continuation-passing style transforms that pass two continuations. Altering a single variable in the translation of λ-abstraction gives rise to different control operators: first-class continuations; dynamic control; and (depending on a further choice of a variable) either the return statement of C; or Landin’s J-operator. In each case there is an associated simple ...