Nobody's business but my own: Self-employment and small enterprise in economic development

In most poor countries, small firms and self-employment are the dominant forms of business enterprise—even in the manufacturing sector. For rich countries, in contrast, self-employed people account for very small shares of manufacturing employment and output. This paper builds on Lucas [1978. On the size distribution of business firms. Bell Journal of Economics 9(2), 508-523] to ask whether structural changes of this kind are driven by productivity differences. A model, calibrated to Japanese time-series data, is shown to mimic key features of cross-country and time-series data. The results support the idea that changes in aggregate productivity account for much of the cross-country variation in establishment size and self-employment rates.     

The response of the Dollar/Yen exchange rate to economic announcements

The paper examines the impact of major U.S. macroeconomic announcements on the Dollar/Yen exchange rate. We find that these announcements are responsible for most intraday and day-of-the-week volatility patterns in this market and we identify the most important announcements. The initial reaction to a major 8:30 announcement begins around 8:30:10 and lasts until about 8:30:50. A partial price correction is normally observed between 8:31 and 8:32. Price movements after 8:32 are basically independent of those observed earlier although volatility continues to be higher than normal until about 8:55.     

Green accounting and green eyeshades twenty years later rejoinder to critics

The articles in this compendium exhibit synergy.     

悲痛中抉择——中国建设银行汶川支行映秀分理处会计陈桂全震后舍小家保大家的感人事迹

在广州市广东省药学院第一医院的一间看护病房里,有一对来自四川汶川地震灾区的幸存者夫妇,男的叫陈桂全,是中国建设银行汶川支行映秀分理处的会计,女的叫张华芬,在映秀镇上的医院工作。而他们仅仅8岁大的女儿陈晴涵已在地震中不幸遇难,永远的离开了他们。     

大力发展会计服务业服务经济发展方式转变——在首届“京交会”会计服务主论坛上的主旨演讲

尊敬的吴世雄副主任,仇鸿部长助理,凯斯·韦德洛克主席、苏杰瓦·马德里基副主席、布莱恩·布拉德总裁,各位来宾、各位朋友,女士们、先生们: 大家上午好! 值此首届"京交会"举办之际,很高兴与新老朋友欢聚一堂,就"全球资本流动与会计服务国际化"这一主题,与大家进行交流.首先,我代表中国财政部和中国注册会计师协会,对各位嘉宾表示热烈欢迎,对长期以来为中国注册会计师行业发展做出贡献的各界人士表示崇高敬意.向给予本次主题论坛大力支持的商务部和北京市政府表示衷心的感谢.     

推动IT服务转型 持续引领业务创新

泰康人寿保险股份有限公司（以下简称＂泰康人寿＂）是一家全国性股份制的人寿保险公司。随着业务的迅速发展,泰康人寿目前已在全国设立了32家分公司,成功搭建全国性经营网络,2009年实现保费收入超过670亿元,同比增长16%;税后利润25亿元,同比增长47%;     

如何判别土地使用权评估中的经济性贬值

众所周知,经济性贬值是采用成本法进行资产评估时需要考虑的重要因素之一.所谓经济性贬值,是指由于外部条件的变化引起资产闲置、收益下降等造成的资产价值损失.如何判别委估对象是否存在经济性贬值并确定其对评估值的影响程度,需综合考虑评估项目的背景、委估对象的历史状况和现状、买卖双方主体、特殊政策影响的区域等综合因素.通过以下本所近期所做的整体资产评估案例,我们谈一下土地使用权评估中对经济性贬值的理解.     

你若安好,便是晴天

2020年是不平凡的一年,新冠肺炎疫情席卷全国。作为母亲的我更是惴惴不安,因为女儿所在的医院被确定为北京市第一批发热筛查定点医院,我担心我最爱的女儿可能要再次去危险的前线奋战。1月23日,一通电话最终证明了我的担忧。“妈妈,我已经报名参加我们医院的肺炎疫情防控医疗工作,如果疫情再严重的话,我就要去支援一线了,这是我的职责,希望您能支持我。”     

Can France meet the Maastricht Criteria? slower economic growth poses new challenges to economic policy makers

Conclusion With its 1996 budget the French government has all but completely abandoned its election promises. At the same time, in economic policy terms it has gained credibility amongst its partners in the EU. Following the announcement of the fiscal consolidation measures the franc initially strengthened and the central bank was able to reduce short-term interest rates slightly for the first time since July 1994. There is still a chance that France will be able to meet the criteria for joining European Economic and Monetary Union if the country proves able to counter the current trend towards a weakening of economic growth in 1996 and 1997. Although the recent wave of strikes indicates that the cutbacks have gone as far as was possible, fiscal policy is not in a position to stimulate demand if it is to avoid undermining the aim of meeting the 3% criterion at the appointed time. This makes a perceptible cut in real interest rates all the more necessary. This in turn requires a substantial stimulus by the monetary authorities, and this is only conceivable within the framework of concerted action at European level.     

先锋服务：离客户更近一点

作为实达外设纵深行业服务的品牌，“先锋服务”一直倾力于打造国内IT行业服务的“先锋”形象。如何当好这个“先锋”，年初履新的实达外设客服部总经理吴立明笑答：既是“先锋”，自然就要离市场更近一点，离客户更近一点。     

紧抓世博机遇,提升服务,创新产品

经过2008年的北京奥运会和2010年的上海世博会,浦发银行信用卡中心在不断提升服务品质的同时,始终将客户的需求作为前进的目标和动力。2010年,我们不但为世博金融服务交出了一份满意的答卷,而且把服务标准提升到了一个新的高度。这不仅是所有浦发银行信用卡中心员工努力的结果,也要感谢监管机构在行业发展中的指导以及行业协会的协助,更要感谢所有浦发信用卡持卡人给予我们的支持和信任。     

转变经济发展方式的注册会计师答卷

加快经济发展方式转变,构成后金融危机时代的迫切课题和现实难题.这一决定中国现代化命运的关键抉择,始于科学发展的时代要求,源于不变不行的现实忧患.注册会计师行业作为保护投资者和公众利益的有效屏障,作为维护社会主义市场经济秩序的重要基础,作为增强宏观调控科学性、针对性和预见性的专业支撑,其发展方式的转变直接关系到微观主体会计信息质量和宏观层面经济信息质量,关系到维护国家经济信息安全的最高责任.     

走出经济困境,关键在于改革

当前,中国经济下行压力持续增大,为辨清经济形势,中国改革基金会国民经济研究所副所长、研究员王小鲁认为,推动改革和调整结构是中国经济走出低谷的关键;不应把工作重点放在保持短期经济增长,而要着眼长远.他认为创新驱动政策的实施应重在改善企业经营环境,营造公平竞争的市场条件.此外,他乐观看待互联网经济的崛起,但同时强调需建立与之相适应的制度环境,并谨慎防止互联网经济泡沫.     

建立适应市场需求的小企业贷款服务机制

小企业是各国经济发展的主要动力和主要的就业职位的提供者,而小企业发展的最主要瓶颈就是融资问题,化解了融资难题不仅破解了金融问题,更重要的是将对国家宏观经济产生深远的影响。本文在总结包头市商业银行小企业贷款的成功经验的基础上提出可以推广的宝贵经验,相信将有助于中国小企业贷款难题的化解。     

Targeted transfers and the fiscal response to the great recession

Between 2007 and 2009, government expenditures increased rapidly across the OECD countries. While economic research on the impact of government purchases has flourished, in the data, most of the increase in expenditures was in government transfers. After documenting this fact, we argue that future research should focus on the positive impact of transfers. Towards this, we present a model in which there is no representative agent and Ricardian equivalence does not hold because of uncertainty, imperfect credit markets, and nominal rigidities. Targeted lump-sum transfers are expansionary both because of a neoclassical wealth effect and because of a Keynesian aggregate demand effect.