对人力资本的再认识

本文在对劳动力价值新认识的基础上，以现代市场经济为背景，研究了人力资本的内涵、价值构成、计量以及其与非人力资本的关系等问题，得出了人力资本在使用价值形态上表现为人的劳动能力，在价值形态上就是劳动力的价值；人力资本的使用，不但能使其自身的价值升值，而且能给人力资本带来剩余的货币价值；现代企业是或将是非人力资本与人力资本的合资企业等研究结论。     

海参崴 自由随性的故土

关于海参崴的知识,还是读中学的时候从课本上了解到一二。后来迷上了金庸的武侠小说,又从其八卷本的《鹿鼎记》中知道了清朝称俄国为“罗刹国”,称俄罗斯人为“罗刹人”。再查佛经,始知罗刹者,即魔鬼也。至于称俄罗斯人“老毛子”,多为东三省父老所为,原因在于俄罗斯人无论男女,身上均长满了长毛。     

从硅谷文化看我国民营科技企业"二次创业"

硅谷是世界最成功的科技园区,也是高科技企业最为密集和发达的地区。在这块1940年之前还一直以农牧业为主的狭长空间,过去几十年一直控制着世界芯片和计算机等高科技领域的发展步伐和节奏,塑造了一个又一个高科技企业快速发展的神话。硅谷的成功源于该地区的创业文化,这种创业文化为高技术创业者提供了良好的温度、湿度、土壤和植被等,使硅谷成为世界高技术创业者的乐园,信息技术、生物技术等高技术企业的“栖息地”(Habitat),新经济的发动机。硅谷文化对我国民营科技企业二次创业和发展无疑具有极其重要的借鉴意义。一、硅谷文化的主要内…     

Jobless Recovery: A Time Series Look at the United States

We use vector auto regression models controlling for log differences in gross domestic product (GDP), the unemployment rate, and changes in the unemployment rate to show that following a recession, the rate of decrease in the unemployment rate significantly slowed over time. Controlling for GDP growth rates, we find two structural breaks indicating weaker recoveries in the unemployment rate over time, i.e. recoveries that are increasingly jobless. The first break is in 1959, and the second is in 1984 coinciding with the usual timing of the Great Moderation. Using the 7.85% unemployment rate at the end of 2012 and assuming average annual recovery growth of 2%, the structural breaks imply an additional two full years are necessary to return to a historical long-run average of 5.5%. We empirically explore possible causes proposed in the literature including industry composition, participation rates and social benefits. Demographic shifts in the labor force and changing industry composition appear to be the strongest contributors to jobless recovery.     

The Great Growth Debate: A Statistical Look at Mankiw,Romer, and Weil, <Emphasis Type="Italic">versus</Emphasis> Islam

This paper takes a purely statistical look at two of the most important empirical growth papers authored by Mankiw et al. [1992] and Islam [1995]. MRW claim that the Solow model is justified only when human capital is added to the regression, while Islam claims that cross-country heterogeneity is the actual culprit. In a statistical sense, the author of this study finds that Islam was correct in the fact that mean heterogeneity does exist in MRWs data. However, after statistical adequacy is achieved, human capital continues to maintain its role as a significant determinant of growth even though the estimates are not robust for one of the two cross-country samples investigated. On the other hand, though Islams models were not without statistical problems, they continue to maintain their traditional form and his estimates are robust to respecification. This paper also exemplifies the need for objective statistical testing methods in applied work.     

Regenerating Neighbourhoods: A Critical Look at the Role of Community Capacity Building

This paper offers a critical analysis of the concept of 'community capacity building' identifying two approaches to practice: the strategic and developmental. Examples of these two approaches to the practice of capacity building by Groundwork Trusts in villages in South Yorkshire and County Durham are then discussed and some conclusions drawn as to the value of each.     

新解中国在澳大利亚投资

澳大利亚是中国最大的对外直接投资对象,大部分投资目标是资源部门。是否需要对这些主要来自于中国国有企业、无论在规模还是增速上都汹涌而来的投资进行特殊审查,成为一个问题。这关乎中国投资是否与其他国家在澳投资获得了同等待遇的问题。较世界上其他国家,澳大利亚始终保持着对中国投资更为开放的态度。尽管关于国企投资的讨论给澳大利亚和其他国家的政策制定者带来了新的问题,但中国投资仍然对澳大利亚有利,并且在适当的制度和政策推动下,仍将强劲增长。     

看海外产业投资基金如何发展

美国的产业投资基金起源于19世纪末,至今已经超过一个世纪。梳理海外产业投资基金的发展历程,对刚刚起步的中国市场有借鉴意义     

从政治视角看人民币升值

人民币升值问题近年来影响我国社会的全面发展,尤其是进入2007年以后这一影响更为强烈,表面看来它是经济问题,但事实上它包含着深刻的政治因素。西方某些势力示图通过人民币升值来阻止中国的发展以及由此而带动的日益崛起的整个东方世界,我们必须以此为契机,理性地反思我国经济发展尚存的问题,在风云变幻的国际环境中保持我国经济和社会发展的稳定性。     

从中铝海外扩张看外汇储备战略的调整

如果国内经济结构随着外汇储备的用途一起转变,中国经济就有可能成为下一轮全球经济的引擎     

三月,让我们去看花

看花的心情在三月开始蔓延。在接下来的几个月时间里,阳光将以最温柔的方式,照看着花朵睁眼、伸懒腰,绚烂地开放。人们也将以最幸福的表情看它们在怒放中摇曳芬芳。多么灿烂的笑脸和缤纷的裙子!     

百舸争流看"两江"——重庆两江新区成立一周年巡礼

滔滔两江东流去,百舸争流看今朝。面向改革开放的下一个30年,面向西部大开发的又一个10年,党中央、国务院从全球发展大势和全国发展大局出发,把进一步扩大改革开放的目光投向广阔的西部,投向展现出巨大潜力的重庆,投向长江与嘉陵江交汇处这片1200平方公里的“沃土”。     

深闺待识泉乐坊

好,我们开始述泉乐坊的故事. 话说济南城以文化积淀深厚著称,其历史之悠久可以推算到与人类历史同步.我们为什么敬仰罗马,是因为罗马留下了历史悠久、光芒四射的古城堡;为什么余秋雨写遍中国古城却唯独不敢写西安?是因为他对有着13朝帝都史的西安怀着敬畏之心,生怕把握不好笔触.济南亦是因为其历史之悠久、文化之丰厚而魅力独具.     

Income, Cohort Effects, and Occupational Mobility: A New Look at Immigration to the United States at the Turn of the 20th Century

How did turn-of-the-20th-century immigrants perform in the American economy relative to native-born Americans? This article reassesses this question using data from the 1900 and 1910 American census files. I find in both cross sections that American immigrants perform well in blue-collar and white-collar occupations, with either faster growth in earnings or an outright earnings advantage over native-born Americans in the same occupational sector. Estimates of within-cohort growth reveal that the cross-sectional results do not overstate immigrant progress due to cohort effects. Immigrants also exhibit a high degree of mobility into the well-paid white-collar sector of the American economy, and the progress of the immigrant population as a whole was not slowed by the emergence of the “new” immigration.     

A Closer Look at the Size and Value Premium in Emerging Markets: Evidence from the Kuala Lumpur Stock Exchange

In this study of asset pricing in emerging markets, two questions are asked. First, Is there a size and value premium in markets outside the USA? Second, Can the multifactor model of Fama and French (1996) capture the cross–section of average stock returns for the Malaysian setting? The answers from this study suggest that size and value premium exist in markets outside the USA. We find that the two mimic portfolios, ‘small minus big’ (SMB) and ‘high minus low’ (HML), generate a return of 17.70% and 17.69% per annum, respectively, while the market generates a return of 1.92% per annum. Our findings suggest that the multi–factor model of Fama and French (1996) is a parsimonious representation of the risk factors for Malaysia, explaining returns in an economically meaningful manner. Our findings also reject the claim that the multifactor model results can be explained by the turn–of–the–year effect.     

Impact of Market Concentration on Employment and Wages: a Look at the Insurance Industry

Atlantic Economic Journal - The falling share of labor in national income is a global concern. This study examined the impact of changes in market concentration ratios in the insurance industry on...     

从数字看区域科技创新与产业化

随着高新技术的广泛运用，科技进步与创新已成为推动经济和社会发展的决定性因素。各地方政府结合自身的实际情况，大力加强科技工作的组织领导，努力抓好前沿技术和重大关键技术的研究开发，争相抢占新一轮竞争的制高点，积极推进高新技术产业化和用高新技术改造提升传统产业，取得了突出的成绩，促进了本地区经济和社会的发展。本刊特分期对部分省市高新技术发展及产业化工作的情况和成绩以列数字的形式进行刊登，供读者交流、参考。