strcmp($b['date'].$b['id'],$a['date'].$a['id'])); function h($s){return htmlspecialchars((string)$s,ENT_QUOTES,'UTF-8');} function dt($s){return date('j F Y',strtotime($s));} function author_names($p){global $authors;return implode(', ',array_map(fn($a)=>$authors[$a]['name'],$p['authors']));} function cite($p){global $authors;$n=implode('; ',array_map(fn($a)=>$authors[$a]['family'].', '.substr($authors[$a]['given'],0,1).'.',$p['authors']));return $n.' (2026). '.$p['title'].'. '.($p['journal']??$p['source']).'. '.(!empty($p['doi'])?'https://doi.org/'.$p['doi']:$p['url']);} function bib($p){global $authors;$n=implode(' and ',array_map(fn($a)=>$authors[$a]['family'].', '.$authors[$a]['given'],$p['authors']));$out='@'.(isset($p['journal'])?'article':'misc').'{GARCHRecord'.$p['id'].",\n title = {{".$p['title']."}},\n author = {".$n."},\n year = {".$p['year']."},\n";if(!empty($p['doi']))$out.=' doi = {'.$p['doi']."},\n";return $out.' url = {'.$p['url']."},\n ".(isset($p['journal'])?'journal':'howpublished').' = {'.($p['journal']??$p['source'])."}\n}\n";} $path=parse_url($_SERVER['REQUEST_URI'],PHP_URL_PATH);$path='/'.trim($path,'/');if($path==='/index.php')$path='/'; $lookup=[];foreach($papers as $p)$lookup[$p['id']]=$p; if($path==='/release/source.php.txt'){header('Content-Type: text/plain; charset=utf-8');readfile(__FILE__);exit;} if($path==='/data/catalogue.json'){header('Content-Type: application/json; charset=utf-8');echo json_encode(['release'=>'2026.10.27-r3','site_date'=>'2026-10-27','authors'=>$authors,'series'=>$series,'papers'=>$papers],JSON_PRETTY_PRINT|JSON_UNESCAPED_SLASHES|JSON_UNESCAPED_UNICODE);exit;} if($path==='/robots.txt'){header('Content-Type: text/plain');echo "User-agent: *\nAllow: /\nSitemap: https://garch.report/sitemap.xml\n";exit;} if($path==='/sitemap.xml'){header('Content-Type: application/xml');$urls=['/','/papers/','/series/','/authors/','/about/','/policies/','/for-authors/'];foreach($papers as $p)$urls[]='/papers/'.$p['id'].'/';foreach($series as $k=>$v)$urls[]='/series/'.$k.'/';foreach($authors as $k=>$v)$urls[]='/authors/'.$k.'/';echo '';foreach($urls as $u)echo ''.$base.$u.'2026-10-27';echo '';exit;} if(preg_match('~^/citations/(\d{4})\.(bib|ris|txt)$~',$path,$m)&&isset($lookup[$m[1]])){$p=$lookup[$m[1]];header('Content-Type: text/plain; charset=utf-8');header('Content-Disposition: attachment; filename="'.$m[1].'.'.$m[2].'"');if($m[2]==='bib')echo bib($p);elseif($m[2]==='txt')echo cite($p)."\n";else{echo 'TY - '.(isset($p['journal'])?'JOUR':'UNPB')."\nTI - ".$p['title']."\n";foreach($p['authors'] as $a)echo 'AU - '.$authors[$a]['family'].', '.$authors[$a]['given']."\n";echo "PY - ".$p['year']."\n";if(!empty($p['doi']))echo "DO - ".$p['doi']."\n";echo "UR - ".$p['url']."\nER - \n";}exit;} function paper_row($p,$number='') {global $series;$search=strtolower($p['title'].' '.author_names($p).' '.$p['summary'].' '.implode(' ',$p['keywords']));echo '
'.h($number?:$p['id']).'
'.h($p['type']).'2026'.h($series[$p['series']][0]).'

'.h($p['title']).'

'.h(author_names($p)).'

'.h(mb_strimwidth($p['summary'],0,225,'…')).'

'.h($p['source']).' · '.h($p['version']??'Source record').'Read record →
';} function heading($label,$title,$text=''){echo '
'.h($label).'

'.h($title).'

'.($text?'

'.h($text).'

':'').'
';} function series_card($k,$s){global $papers;$n=count(array_filter($papers,fn($p)=>$p['series']===$k));echo '
'.sprintf('%02d',$n).' '.($n===1?'paper':'papers').' ↗

'.h($s[0]).'

'.h($s[1]).'

';} $title='Research papers from GARCH Institute';$desc='Financial econometrics, market structure, macro-finance, climate, and technology. Research papers and publication records from GARCH Institute.';$extra='';$current=null; if(preg_match('~^/papers/(\d{4})$~',$path,$m)&&isset($lookup[$m[1]])){$current=$lookup[$m[1]];$title=$current['title'];$desc=$current['summary'];$extra='';foreach($current['authors'] as $a)$extra.='';if(isset($current['journal']))$extra.='';$schema=['@context'=>'https://schema.org','@type'=>'ScholarlyArticle','headline'=>$title,'datePublished'=>$current['date'],'description'=>$desc,'url'=>$base.'/papers/'.$current['id'].'/','sameAs'=>!empty($current['doi'])?'https://doi.org/'.$current['doi']:$current['url'],'author'=>array_map(fn($a)=>['@type'=>'Person','name'=>$authors[$a]['name']],$current['authors'])];$extra=preg_replace('~~','',$extra);$extra.='';} elseif($path==='/papers')$title='Paper catalogue';elseif($path==='/series')$title='Research series';elseif($path==='/authors')$title='Authors';elseif($path==='/maintenance')$title='Maintenance';elseif($path==='/about')$title='About the platform';elseif($path==='/policies')$title='Publication policies';elseif($path==='/for-authors')$title='For authors';elseif(preg_match('~^/series/([^/]+)$~',$path,$m)&&isset($series[$m[1]]))$title=$series[$m[1]][0];elseif(preg_match('~^/authors/([^/]+)$~',$path,$m)&&isset($authors[$m[1]]))$title=$authors[$m[1]]['name'];elseif($path!=='/'){http_response_code(404);$title='Page not found';} if($path==='/maintenance')$extra.=''; $canonical=$base.($path==='/'?'/':$path.'/'); ?><?=h($title)?> | GARCH Research Papers
GARCH Research PapersGARCH Institute
GARCH Institute · Research publishing

Research papers.
Economic questions.

Financial econometrics, market structure, and the changing relationships between technology, institutions, and risk.

Browse all records →
The catalogue

Latest additions

All papers →
RecordResearch & publication details
$p)paper_row($p,sprintf('%02d',$i+1));?>
Connected questions

Research series

Explore series →
$s)series_card($k,$s);?>
For researchers

A clear record of the research.

Each entry connects the paper, its authors, citation formats, source version, and access information. Existing repository and journal DOIs remain the identifiers of the original works.

Author information →

records

Newest catalogue additions first
$p)paper_row($p,sprintf('%02d',$i+1));?>
← Paper catalogue/ Record
2026

$a)echo ($i?'; ':'').''.h($authors[$a]['name']).'';?>

→
↗Cite this paperVersion history ↓

Keywords

'.h($k).'';?>
JEL: '.h(implode(', ',$p['jel'])).'

';?>

Cite this paper

BibTeX ↓RIS ↓Plain text ↓

Version & publication history

  1. Existing record. Version labels follow the source; no additional version number is inferred.

    View source record ↗

    2. Repository revision

    Revision date recorded in the source catalogue.

    '; ?>

    Source manuscript date

    Date of the manuscript described by the verified SSRN metadata.

    ';?>

  2. Added to GARCH Research Papers

    Bibliographic record added. This is not a new manuscript release or a new DOI.

Related versions

'.h($related['label']).' ↗
'.h($related['title']).'

';?>

Access & rights

. Manuscript files remain with the original platform. This catalogue does not redistribute source PDFs.

← Back to catalogueGARCH Institute ↗

$s)series_card($k,$s);?>
← All series
$a){$n=count(array_filter($papers,fn($p)=>in_array($k,$p['authors'])));echo '

'.h($a['name']).'

'.h($a['affiliation']??'').'

'.$n.' records →';}?>
← All authors
ORCID '.$a['orcid'].' ↗

';if($key==='fuli-yang')echo '

Personal research website ↗

';?>

Research in this collection

Current release

2026.10.27-r3 · 27 October 2026

research records · series · authors.

Source and data

Site source — the PHP rendering code.
Catalogue JSON — paper metadata, abstracts, authors, and research series.

Maintenance contact

dr@garch.ac

Research publishing by GARCH Institute

GARCH Research Papers is the research publishing platform of GARCH Institute. Publishing responsibility rests with GARCH QUANT LLC. The institutional website introduces the research organization; this platform provides structured records of research outputs.

The collection connects financial econometrics and distributional geometry with questions about institutions, macro-financial adjustment, climate-related information, and technological change.

Reading the collection

Each record identifies document type, author order, source, dates, existing DOI, and available version information. Working papers and preprints are distinguished from peer-reviewed journal records. Catalogue inclusion does not constitute peer review.

The initial release links to source-hosted manuscripts. Restricted files remain restricted, and the site does not display unavailable PDF controls. Public manuscript hosting will be added only after file-level rights and publication authorization have been confirmed.

Identifiers

Stable catalogue addresses identify these pages. Existing Zenodo, SSRN, and journal DOIs continue to identify their respective works. No additional DOI is assigned to a catalogue record. The site does not claim an assigned DOI prefix or Crossref membership.

Contact

Contact dr@garch.ac for publication enquiries and corrections. Visit GARCH Institute for institutional information.

Scope and editorial screening

The initial collection comprises institution and collaborator research. Records are checked for author identity, document type, title, source date, citation, and file access. Editorial screening addresses completeness and presentation; it is distinct from scientific peer review.

Author responsibility

Authors are responsible for accuracy, originality, attribution, and lawful use of their work. Supplied manuscripts should disclose relevant conflicts of interest, funding, and applicable ethics information. Author order and affiliations must reflect the approved manuscript.

Rights and access

Authors retain the rights specified for their work. Redistribution requires publication authorization and a stated licence or copyright notice. No blanket open licence is applied to manuscripts. Journal versions are linked externally unless hosting is permitted. Source access may change; a DOI is not a guarantee of free full-text access.

Versions and corrections

Metadata corrections should carry a dated change entry. New manuscript versions require a distinct revision date and change note; public versions must not be silently overwritten. Correction, withdrawal, or file-removal notices should normally retain the stable record address and explain the change.

Send requests with the record address or DOI to dr@garch.ac.

Files and preservation

The current release is a catalogue of source-hosted works. Public files added later will carry version and checksum information. Source and metadata are exported for maintenance and recovery. No certified-preservation or permanent third-party-archiving claim is made.

Privacy

This release has no visitor accounts, comments, public submission forms, analytics scripts, or advertising trackers. Hosting infrastructure may process ordinary access logs. Email enquiries are used to handle the correspondence.

Submissions and charges

Public submissions are not open in this release. No payment is collected through the site. Changes to submissions, review arrangements, or charges will be described before taking effect.

Effective 27 October 2026.

Initial publication route

The initial collection is maintained for GARCH Institute and collaborating researchers by invitation or direct editorial correspondence. Public submissions and author accounts are not open in this release.

Materials to prepare

  1. A publication-ready manuscript with approved title, author order, affiliations, and available ORCID identifiers.
  2. An English abstract, keywords, applicable JEL classifications, and an optional Chinese abstract.
  3. Publication authorization, copyright or licence, funding, and relevant conflicts of interest.
  4. Existing repository, journal, and dataset DOIs, with the exact version to be represented.
  5. Public supplements and data/code links with access conditions.
  6. A revision date and change note for a replacement manuscript.

Editorial preparation

Materials are checked for completeness, identity, rights, and citation consistency. A stable record is prepared, files and links are verified, and release information is recorded. This process does not itself constitute peer review.

Existing identifiers

Provide existing identifiers before requesting a new record. The same object and version must not receive a duplicate DOI. Journal-publication relationships and manuscript versions are recorded separately.

Discuss a paper

Contact dr@garch.ac with the title and a brief description of the material. Do not send confidential third-party data without an agreed handling arrangement.

Return to paper catalogue →