Zhejiang University of Finance and Economics

Does the Pilot Long-Term Care Insurance Work as Expected in China? Examining its Impact on Hospital Utilizations, Medical Expenses, and Health

This study investigates the impact of long-term care insurance (LTCI) on older adults’ hospital service utilization, medical expenses, and health. Using national representative data from four waves of CHARLS (2011, 2013, 2015, 2018), we find that LTCI decreases older adults’ mont...

Compressive payoff-to-signal transduction can separate the start and sustain thresholds of cooperation

Cooperation is often difficult to start but easier to sustain once established. We ask whether this asymmetry can arise from payoff-to-signal transduction before objective payoffs enter action comparison. In a minimal contribution-sharing game, at a given return factor, cooperati...

Rethinking urban ecosystem service flow through human mobility: The neighborhood effect averaging problem

Daily exposure to ecosystem services (ES) plays an important role in improving urban residents' health; however, residents' actual contact with ES, referred to as ecosystem service flows, depends not only on local biophysical conditions of urban nature but also on human daily mob...

How incentive mechanisms affect the dynamic internalization of low-carbon behavior? A perspective from carbon inclusion platforms

The carbon inclusion platform, as an important digital tool for promoting public low-carbon lifestyles, guides individuals to engage in low-carbon behavior through mechanisms such as point incentives, behavioral feedback, and social interaction, and plays an increasingly importan...

AI-assisted speaking practice for EFL learners: effects on anxiety, enjoyment, and engagement compared to traditional teacher-led practice

Abstract Although recent studies have demonstrated the potential of AI chatbots in reducing foreign language speaking anxiety (FLSA) and enhancing positive emotions, significant gaps remain in the literature. Most previous research has examined anxiety, enjoyment, and engagement...

Modeling Nonlinear and Time-Varying Price Discovery: A Novel Granger Causality Framework Based on Distributional Forecasting

The price-leadership relationship between stock index futures and spot markets is crucial for assessing market efficiency and implementing risk management. Traditional Granger causality tests based on conditional methods cannot capture their nonlinear and time-varying characteris...

Equal or Fair: Impacts of Export on Relative Wage Distortion in China

ABSTRACT This paper studies the relative wage distortion and income inequality between high and low‐skilled workers, comparing exporters and non‐exporters in China. We develop a model featuring heterogeneity in firm productivity, worker skills, and firms' export decisions. By est...

Steering or Stifling? The Role of Overparenting in Emerging Adults’ School-to-Work Transition

The school-to-work transition (STWT) is a critical developmental task for emerging adults and a family project for parents. Amid a global shift toward intensive parenting, this study examined how overparenting—particularly career-specific overparenting—is associated with emerging...

How trust shapes followership: a qualitative study of relational responses to leadership

Purpose This study aims to examine how trust in leaders shapes enacted followership. Specifically, it explores how cognition-based and affect-based trust influence the ways followers relate and respond to leaders in workplace relationships. Design/methodology/approach Drawing on...

How testosterone administration affects social rank perceptions: A double-blind, placebo-controlled study

Navigating social hierarchies is fundamental to human survival and reproductive success, relying heavily on the accurate perception of social rank. However, the neuroendocrine mechanisms underlying this perception remain largely uncharted. Given testosterone’s established role in...

How do high-quality digital economy and innovation cooperation influence industrial chain integration between China and Belt and Road countries?

Purpose Against the background of high-quality Belt and Road Initiative (BRI) cooperation, this study examines how the interaction between high-quality digital cooperation and high-quality innovation cooperation affects industrial chain integration between China and BRI partner c...

Renovation dimensions and residents’ subjective well-being in old residential neighbourhoods: a structural equation modeling study in Hangzhou, China

Abstract Aligned with the global agenda for sustainable urban regeneration, this study examines how different dimensions of old residential community renovation relate to residents’ subjective well-being (SWB) in urban China. SWB is defined as residents’ situated evaluation of co...