为结婚而储蓄?——来自中国家庭追踪调查①(CFPS)的经验证据

已有研究主要基于性别比失衡的竞争性储蓄动机解释了中国家庭的高储蓄之谜.文章把子女结婚这一自然事件作为处理变量,通过婚前和婚后的家庭储蓄变化识别出"婚姻效应",为竞争性储蓄动机理论和中国家庭的高储蓄之谜提供了微观证据.研究结果发现,在控制个人以及家庭特征后,相对于已婚家庭,未婚家庭储蓄显著更高.在排除地区性差异、教育储蓄动机、预防性储蓄动机和样本匹配等问题之后,未婚比已婚家庭具有更高储蓄水平的结论依然稳健.文章进一步分析识别出了城市和农村异质"婚姻效应"和婚后消费结构的变化,发现"婚姻效应"对不同收入水平的家庭都产生了影响,但"婚姻效应"对低收入家庭的消费抑制更为明显.文章的研究结果丰富了婚姻市场的竞争性储蓄动机理论.     

盈余管理文献综述

从盈余管理的概念出发,探讨了盈余理论与公司治理结构的关系。对国内外已有的关于盈余管理的动机、目的、检测方法以及产生的经济后果进行了归纳、总结并形成盈余管理的综合治理措施,对今后规范盈余管理从法律角度和操作层面提出了建议。     

供给侧改革下广东省制造业企业服务化的动力机制研究

供给侧改革背景下,广东省制造业发展面临国际国内形势的双重考验。制造业企业服务化发展是广东省制造业实现创新发展的重要举措,制造业企业通过个性、柔性化生产,快速响应客户需求;通过为客户提供一体化解决方案,提升企业竞争优势;以产品服务为导向,全方位满足客户需求;通过调整组织结构和产业融合,实现转型升级。     

职业教育学生厌学心理问题探析

职业教育学生厌学是近年来职业教育中的突出问题之一.厌学问题的产生与学生自身、教学模式与教学水平有着密切的关系.在探讨解决这个问题的过程中,通过择取心理动力学中“动机、行为质量与行为效果关系”为视角,剖析了职业教育学生厌学的内部动机以及学习行为质量对其厌学产生的影响,在此基础上就如何激发职业教育学生的学习动机和提高其学习行为质量以调动他们的学习积极性与主动性,提出了具体可操作的解决方法.     

Income Redistribution,Consumer Credit,and Keeping Up with the Riches

In this study, we set up a dynamic stochastic general equilibrium (DSGE) model with upward looking consumption comparison and show that consumption externalities are an important driver of consumer credit dynamics. Our model economy is populated by two different household types. Investors, who hold the economy's capital stock, own the firms and supply credit, and workers, who supply labor and demand credit to finance consumption. Furthermore, workers condition their consumption choice on the investors' level of consumption. We estimate the model and find a significant keeping up mechanism by matching business cycle statistics. In reproducing credit moments, our proposed model significantly outperforms a model version in which we abstract from consumption externalities.     

虚拟品牌社区消费者参与动机研究:中国消费者视角

从中国消费者视角提出消费者参与虚拟品牌社区的动机主要包括有效信息搜索、优惠待遇获取、线下互动寻求、购后经验分享、信息质量维护等,并实证探究了这些动机对消费者虚拟品牌社区参与行为的影响。结果显示,有效信息搜索、购后经验分享和信息质量维护对消费者的参与行为有显著影响,优惠待遇获取对消费者部分参与行为具有影响,线下互动寻求动机未获统计学意义上的支持。这些结果对企业实施虚拟品牌社区战略具有启示意义。     

融资约束对现金持有动机强弱影响的实证分析

在不同的财务背景下公司现金持有动机强弱表现是否存在差异,这是学术界近年研究的热点。文章以1998—2006年连续四年有数据的沪深上市公司为样本,通过公司规模四分位数、样本期间发生股利支付与否作为融资约束与否的判别标准,分析融资约束公司与非融资约束公司现金持有动机强弱表现差异。实证结果表明：我国上市公司融资约束与否直接影响到现金持有决策过程中动机强弱的表现。为了避免现金短缺和投资机会的丧失等情况的发生,我国上市公司在整个现金持有决策中均表现谨慎,注重现金持有的预防性动机和交易性动机作用的发挥。     

Brand experience and consumers' social interactive engagement with brand page: An integrated-marketing perspective

As consumers increasingly go online to communicate about brands, brand marketers have been utilizing a popular platform to interact with them and create brand communities, namely a brand page. Prior studies have examined factors that promote the success of a brand page by narrowing focusing on only two influencing factors of engagement with the brand page: individual consumer characteristics and brand page features. Taking an integrated marketing perspective, this study extends that research by examining a broad range of influencing factors affecting engagement with brand page, such as sensory, affective, intellectual, and behavioural brand experiences. Building upon the fundamental motive framework, we demonstrate that brand experience enhances consumers' motivation to participate, socialize, and perceive benefits from others involved within the brand page regardless of individual propensity to socialize online. Furthermore, as consumers are engaged in social interaction within a brand page, they are more likely to be involved in positive WOM about the brand. The theoretical and practical contributions of our study are further discussed, along with suggestions for future research in this important and growing field.     

Tourism experiences vs. material purchases: Effects of eudaimonic consumption motive on consumers’ reactions to invidious comparisons

Due to easy travel information access, tourists nowadays are susceptible to invidious post-purchase comparisons (e.g. realizing a better deal after purchase), which may compromise their satisfaction and further hurt the business. To understand this less-tapped issue, particularly in a context closer to reality where people spend limited discretionary income on both tourism experiences and material possessions, this study investigates to what extent people are disturbed by invidious comparisons in tourism experiential versus material consumptions. Drawing on the experience recommendation theory and eudaimonia-hedonia literature, we propose the presence of eudaimonic consumption motive as a critical determinant of resistance to invidious comparisons. Moreover, the implicit eudaimonic motive is the key contributor to the greater resistance of tourism experiential purchases to invidious comparisons than material purchases. Findings from two experimental studies supported these propositions. This study bridges and expands both experience recommendation and eudaimonia literature, while also informs approaches for alleviating invidious comparisons.     

Inflation-Indexed Bonds and Nominal Bonds: Financial Innovation and Precautionary Motives

This paper introduces a two-period monetary general equilibrium model with proportional transaction costs on nominal and inflation-indexed bonds. This paper demonstrates that financial innovation on indexed bonds causes equilibrium interest rates of the nominal bond to increase when agents have precautionary saving motives. This result implies that ignoring precautionary motives would underestimate savers' welfare gain and overestimate borrowers' welfare gain from innovation on indexed bonds.