Anticipated Environmental Policy and Transitional Dynamics in an Endogenous Growth Model

This paper makes a new attempt toinvestigate how an anticipatedenvironmental policy governs the transitionaldynamics of an economy when pollutionexternality is taken into account. Themodeling strategy we use is an AK technologyendogenous growth framework with an endogenousleisure-labor choice. It is found that, unlikeinelastic labor supply framework, a rise inpublic abatement expenditure will stimulate thebalanced economic growth rate. It is alsofound that public abatement technology plays animportant role in determining the transitionaladjustment of the economic growth rate inresponse to a pre-announced environmentalpolicy.     

刘勰《知音》的理论辨析

在被誉为"体大思精"的<文心雕龙>中,专文论及文学的批评与鉴赏问题的只有两篇,即<指瑕>和<知音>,其中<指瑕>主要探讨了文章在用词、文义、比拟、语音等方面的毛病,而因其在概念的厘定和指认诸问题上存在较多的偏颇和疏漏之处,在多个方面已被后世的文论家如纪昀、黄侃等质疑.<知音>提出了对作品采取"六观"说的鉴赏(批评)方法和对鉴赏者(读者)"操千曲而后晓声,观千器而后识器"的修养要求.<知音>因影响深远的"六观"说的提出,并且在理论上又具有比<指瑕>更为圆融的自洽性而占据了重要的位置.     

亏损上市公司盈余管理实证分析

亏损对上市公司的负面影响非常大,处于亏损边缘或可能微亏的上市公司会通过盈余管理手段来操纵盈利,以避免成为被关注对象或暂停上市或终止上市。本文以我国连亏两年、连亏三年又扭亏的106家上市公司为样本,通过构建模型进行了实证检验,总结出亏损上市公司进行盈余管理的结论并提出建议,以期为证券监管提供经验证据。     

Banks’ non-traditional activities under regulatory changes: impact on risk,performance and capital adequacy

Using the big six Canadian chartered banks quarterly financial statements and daily stock market data from 1982 to 2018, we examine the impact of non-interest income on Canadian banks’ risk, performance and capital under the different major regulatory changes made to the Bank Act of Canada. Our results show that Canadian banks’ expansion into non-traditional activities had slightly decreased their risks and significantly improved their performance benefitting from income diversification. Moreover, while adhering to capital adequacy regulation, reshuffling banks’ portfolio towards non-traditional activities did not reduce Canadian banks’ capital ratio. In spite of the re-regulation towards universal banking against ring-fencing, this feature buttresses the effectiveness of capital adequacy regulation in Canada in linking banks capital allocation with their risk taking.     

加入WTO对烟草行业的影响与对策

一、中国入世后对烟草行业的影响 WTO的一项重要原则就是要实现贸易自由化,通过贸易自由化的实施来逐步达到资源的优化配置和实现经济的快速增长.众所周知,加入WTO,既要享受WTO赋予的权利,也要承担WTO所要求的义务,就中国烟草而言,笔者认为,不外乎以下几个方面的影响:     

软实力的概念及其对我国的政策意涵

自约瑟夫·奈在1980年代末提出软实力的概念以来,这个概念便受到了许多国家学者和政治家的重视和应用。本文尝试梳理软实力概念的起源与发展,同时比照硬实力,阐述软实力的实质,并在分析我国软实力的既有优势和潜在空间的基础上,提出提升我国软实力的若干政策建议。     

论信托业发展的四大优势

信托业是现代金融的重要组成部分,随着我国信托业有史以来最严峻的清理整顿工作的结束,信托投资公司将迎来广阔的市场空间和光明的行业前景。笔者认为,信托投资公司经过整顿后,具备了四大优势。 一、具有良好的政策环境和法律保障 我国信托投资公司已有20多年改革开放的发展历史,曾经为我国经济建设起到积极作用。然而,由于一直缺乏基本的业务规范和明确法律定位,     

数字信息资源的发展与图书馆期刊工作

本文分析了数字信息资源的发展给图书馆期刊工作带来的积极作用和压力，并探讨了数字信息资源的发展与改进图书馆期刊工作对策。     

天然气压缩因子对流量计量的影响

探讨了速度式和容积式流量计用于天然气计量时,天然气压缩因子对其计量结果的影响;同时也探讨了无压缩因子修正或修正不当而造成的二次仪表计量误差.