For many consumers who use loans to acquire an expensive durable such as a car, the market value of their current used durable is less than the outstanding loan amount. If these consumers want to replace their used durable with a new one, they might not ...
Abstract: Renewable energy sources such as wind and solar power will be a core component of China's new power system in the future. A high proportion of renewable energy systems is an inevitable choice to achieve carbon neutrality goals. However, the ...
For many consumers who use loans to acquire an expensive durable such as a car, the market value of their current (used) durable is less than the outstanding loan amount. If these consumers want to replace their used durable with a new one, they might ...
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