Income and wealth

Barclay, Sir P. 1995: Income and Wealth, Volume 1, Joseph Rowntree Inquiry. York: Joseph Rowntree Foundation, £9 paper.

Hills, J. 1995: Income and Wealth. Volume 2, Joseph Rowntree Inquiry. York: Joseph Rowntree Foundation, £9 paper; £15 if both volumes ordered together.     

设计创造财富

这是一个设计创造财富的故事.张展,上海博路工业设计有限公司总经理兼设计总监,在他的带领下,博路成为宁海得力文具企业的专职设计机构长达6年.     

“共同富裕”的相对性解读——兼议科学理解邓小平的共同富裕思想

对邓小平的共同富裕思想,笔者认为,必须作相对性的理解,才能科学地把握它的本质和坚定社会主义信念,构建和谐的社会主义社会。一、共同富裕思想是对社会主义初级阶段社会发展目标的一个总体构想关于共同富裕问题,邓小平是这样论述的:“在经济政策上,我认为要允许一部分地区、一     

马化腾的财富观

自从腾讯的经营走上正轨后,马化腾就过着很享受的企业家生活,每天不用朝九晚五地赶时间上班,过着一半时间工作、一半时间居家的悠闲生活。可近期,一直低调的马化腾出镜率极高。先是腾讯十周年庆典,继而回应腾讯公司起诉离职员工一事……马化腾似乎很久没这么忙碌了。面对这一切,马化腾有些无奈。《新财经》:您平时的减压方式是什么?     

Race and prosecution expenditures

There has been a steady accumulation of literature on racial differentials in crime and the response of the criminal justice system. A neglected component of societal response to crime has been the volume of prosecution expenditures. This article seeks to repair this neglect by examining state level difference inper capita prosecution expenditures in 1980 using a multiple regression equation. The results show that, holding other factors constant, lower prosecution expenditures are associated with higher percentages of blacks in a state’s population. The relationship of this to discrimination is discussed in terms of England.     

Expected inflation,wealth effects and personal expenditure

Zusammenfassung Inflationserwartungen, Verm?gen und pers?nliche Ausgaben. — In dem Artikel wird ein Modell entwickelt, mit dem die Beziehung zwischen pers?nlichen Ausgaben und Inflationserwartungen getestet wird. Danach ist die Wirkung einer erwarteten Steigerung der Preise von dauerhaften Gütern auf die Ausgabenquote signifikant positiv, aber die einer erwarteten Preissteigerung bei Verbrauchsgütern und Dienstleistungen signifikant negativ. Schlie\lich wirken sich in übereinstimmung mit Friedmans Hypothese vom permanenten Einkommen Ver?nderungen des Realeinkommens in signifikanter Weise negativ auf die Ausgabenquote aus.

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Résumé L’inflation anticipée, les effets de patrimoine et les dépenses personnelles. — L’auteur a développé et testé un modèle pour explorer la relation entre les dépenses personnelles et l’inflation anticipée. L’effet d’une montée anticipée du prix des biens durables sur le rapport dépense/revenu est positif et significatif pendant que l’effet d’une augmentation anticipée du prix des biens non-durables et des services sur le rapport dépense/revenu est négatif et significatif. Finalement, en conformité avec l’hypothèse du revenu permanent de Friedman, l’effet des changements du revenu réel sur le rapport dépense/revenu est négatif et significatif.

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Resumen Inflaci?n esperada, efectos de riqueza y gasto personal. — Se desarroll? y someti? a prueba un modelo para relacionar el gasto personal con la inflaci?n esperada. El efecto de la inflaci?n esperada para los precios de bienes durables sobre la proporci?n del gasto es positivo y significante, mientras que el efecto de la inflaci?n esperada para los precios de los bienes no durables y servicios sobre la proporci?n del gasto es negativo y significante. Finalmente, de acuerdo con la hip?tesis del ingreso permanente de Friedman, el impacto de cambios en el ingreso real sobre la proporci?n del gasto es negativo y significante.

     

江南春：创意中演绎财富传奇（二）

不因一时成功而冲昏头脑，不因暂时失败而失去思考。这，正是江南春的过人之处     

华山论剑，以财富论英雄——本刊首席经济学家沈晗耀解析百强市排行榜

<上海经济>杂志与华顿经济研究院联合于本期推出了全国县级市经济发展百强排行榜.十强榜单中,江苏省一省就占据了七个席位:江阴、昆山、常熟、张家港、吴江分列前五,宜兴,太仓排在第八和第十.剩下的三个席位第六、第七与第九,分别被浙江的义乌、慈溪与福建晋江占据.     

我国主权财富基金的投资选择

21世纪后,全球主权财富基金发展迅速,截止2009年末全球主权财富基金管理的资产规模已高达3.8万亿美元。主权财富基金作为国际金融市场中一支新型的投资力量,对世界和国际金融市场产生了巨大的影响,引起国际社会的广泛关注。我国主权财富基金——中投公司由于成立不久,缺乏海外投资经验,同时还面临西方发达国家对其投资的限制。在这样的背景下,研究我国主权财富基金投资选择具有很强的实际意义。本文在分析我国主权财富基金发展现状基础上,综合考虑我国主权财富基金投资选择的影响因素,提出我国主权财富基金投资选择策略。     

Income and wealth transfer effects of discrimination in sentencing

Conclusion There is substantial evidence that African—Americans have been subjected to disparate treatment in the sentencing phase of the criminal justice process. ²⁴ the type, method, and extent of the disparity has varied over time and in different locations. To assess the extent of income and wealth transfers resulting from this disparate treatment will require an extensive examination of detailed data by offense type. The appropriate methodology requires: 1) identification of the offenses where recially discriminatory treatment has occurred; 2) estimates of the numbers of individuals sentenced in a discriminatory fashion; 3) identification of the types and amounts of differential sentencing; 4) valuation of the effect of differential treatment; 5) aggregation of the amounts across offenses and over time (including projections into the future where appropriate); and 6) discounting to present value using an appropriate social discount rate. Although data may not be available that would allow us to conduct a detailed analysis for many jurisdictions prior to the 1960s, adequate data exist to allow preliminary estimates to be made of the magnitude of income and wealth transfers that the African—American community has experienced as a result of racial discrimination in sentencing.²⁵     

Open economy measures of wealth and Hicksian national income

This paper argues that a total approach to macroeconomic stock estimation is necessary when assessing the overall significance of a nation's foreign debt level. In an increasingly integrated global economy, changes in national wealth—the difference between the value of internationally tradable assets and external liabilities—not only help gauge creditworthiness, but may be used to complement the traditional flow measures of gross national product and national income. Moreover, following Hicks (1946), changes in open economy measures of wealth yield a new measure of national income. Prototypical estimates of wealth and Hicksian income are presented for Australia by way of example.