Modeling Bank Runs in Financial Crises

In recent years, financial crises have occurred frequently in each region, and banks are facing harsh management environments. Bank runs of customers during a financial crisis are one of a bank’s most serious risks. This research aims to build a bank run model for financial crises, use that model to estimate the amount of deposit funds which flow out, and propose a framework for financial crisis risk management. The model proposed in this paper enables understanding of the factors which have the largest impacts on bank runs, providing valuable information for banks to cope with such risks. The model uses survey data, and clarified that bank runs have differences which depend on customer characteristics and branch location. We understood that during a financial crisis, an appropriate branch strategy must be adopted depending on the location and customer characteristics of each bank branch.     

再看金融危机当中的中关村企业

2011年上半年，美国金融机构抓住少数中国上市企业操作不规范等问题，引发了一轮“做空中国概念股”的风潮。我们认为，这一轮“做空中国概念股”更多是股市“操盘手”为了获取利润而采取的行为。例如，2011年6月初，有金融机构曾试图质疑展讯的财务信息，使得当日展讯股价在盘中最多下跌34％，但当展讯从容回应之后，其股价很快就实现逆转并大幅提升。展讯能够顶住“做空”压力的根本原因取决于其技术创新的实力。以及在中国3G事业发展过程中的关键地位。     

中关村软件园:用超市模式做科技金融服务

中关村软件园科技金融服务超市是中关村首度诞生的、以电子商务形式提供综合科技金融服务的"超市",是中关村软件园积极探索园区科技金融服务的率先创新实践。提及金融服务,大家往往想到的是银行、投资公司、保险公司、券商等金融机构,而超市一般是日用品的集中大卖场,二者似乎没有直接的关联。但是在中关村软件园,"科技金融服务超     

日本地震如何推升全球通胀？

日本地震以及所引发的相关事件将加速当前一些经济的发展趋势。从最坏的角度看,这场灾难可能会导致公共债务水平升高、通胀压力增加并催生新的金融泡沫,严重损及脆弱的全球经济复苏,并使其重新陷入混乱。     

撤销街道办是财政减负的必须

因为缺少真正意义上的公民自治组织．公民自治精神得不到发育和培养的土壤,民主意识甚至在社区范围内都无法进行像样的实际训练。这将日益造成城市社区的碎片化和居民对公共事务的冷漠化。     

立对金融海啸 寻求发展商机——第三届中国北京国际文化创意产业博览会企业文化与品牌创意国际论坛纪实

论坛缘起： 北京文博会在国内外产生深远的影响,取得了良好的社会效应和口碑。在2008年金融海啸全球蔓延并冲击我国实体经济的情况下,我们有必要提升品牌影响力,寻求新的增长点。     

乔治·索罗斯：多面的“金融大鳄”

在对冲基金领域驰骋搏杀了40多年的乔治·索罗斯已经公开发布即将退出江湖的消息。这一曾创造日赚10亿美元罕见历史记录的“金融奇才”留给了人们太多的惊羡和倾慕。同时也因制造过打败英格兰银行和血洗东南亚的历史“惨案”而招徕四面八方的谩骂与憎恨。也许正是这样一种爱与恨、情与仇的交织,对于索罗斯结束自己对;中基金经理生涯的消息,世人表现出的心态自然就是五味杂陈。     

710亿债河：吉利艰难裸泳

2011年，吉利控股集团预计合并吉利汽车和沃尔沃轿车报表后，销售收入将达到人民币1400—1500亿元，总资产将突破人民币1100亿元，有望跻身世界500强。     

21万亿消费信贷为中国金融机构助飞

近几年,中国消费信贷开始腾飞.住房抵押贷款、信用卡和汽车贷款量保持强劲增长.这一趋势出现于各个财富阶层和年龄段,但中国最大城市的年轻和富裕消费者的借款可能性最大.然而,该市场仍处于初级阶段,许多金融机构正在努力开发有效的业务模式、建立优质的服务运作体系并深入分析消费者.     

世行行长花落谁家？

由于现任世界银行行长佐利克将于今年6月任职届满并且已宣布不再寻求连任,未来谁来执掌世行的金印由此引起了国际社会的广泛猜测和关注。而与以往有所不同的是,世行行长的甄选已经不再由美国人上演“独角戏”,代表新兴市场经济体的“金砖五国”前所未有地吹响了竞夺世行行长的“集结号”。     

中关村软件园信用园区建设 助力科技金融服务创新

目前,中关村软件园已有65家企业使用信用评价报告,获得总额逾1.3亿元的融资。此外,借助信用园区建设,把园区信用叠加到企业信用上,帮助企业实现＂信用倍增＂效果,放大信用价值。     

“科技·金融·产业”融合发展下的转型之道——专访广东中天集团总裁张宇凯

在经济增长方式的转变和产业结构的调整这一大趋势下,全国各地都在探索转型升级之路。作为中国民营企业聚集的制造业名城,东莞凭借在改革开放几十年中积累的产业和市场优势,以及得天独厚的区位优势,推出＂科技·金融·产业＂融合发展的全新定位。＂春江水暖鸭先知＂,鏖战在市场一线的民营企业,其市场敏锐性要比其他企业来得更早也更灵活。在东莞＂科技·金融·产业＂融合发展这一全新定位下,广东中天集团未雨绸缪,主动出击,实现了从地产开发商到园区建设者的业务扩容。中天集团究竟是如何做到的？有哪些经验值得借鉴？未来的规划又是怎样的？带着这些问题,本刊独家专访了中天集团总裁张宇凯,以期探寻一个转型样本。     

Social Network Rebuilder: A Tool to Estimate a Social Network of Financial Crisis Propagation

The objective of this paper is to find a new method to estimate real social networks based on observed data collected by questionnaire surveys. Studies on social networks have been increasing in order to analyze social phenomena from a micro viewpoint. Most social phenomena can be explained by micro-level interactions among people. Spread of rumor and pandemics are typical example of micro interaction? However, there has not been much work on an analysis of real social networks based on observed data. This study tries to establish a methodology that exploits a genetic algorithm to rebuild a social network based on the data observed indirectly from real social networks. This paper introduces our proposed method, which allows us to rebuild a social network to some extent from degree distributions of a target real social network.     

大唐电信：赢在平台

在金融与安全产业、移动互联网产业方面,大唐电信将在现有基础上,取得行业领先地位,并在细分领域成为主流供应商;在物联网和三网融合产业方面,大唐电信的业务将遍地开花,用＂大终端＋大服务＂的整体解决方案全面迎接智慧城市、智能商业中心等各种大规模行业应用时代的到来。     

Research Note: The Paradox of Cloud Computing in Japan

Cloud Computing is defined as computer usage delivered as a service over the Internet. This cloud computing is classified as public computing, private computing, or hybrid computing. Public cloud computing is open to any customer who pays service charges. On the contrary, private cloud computing is used by a member of a company who has constructed a cloud computing system over a restricted domain on that company's information infrastructure. Hybrid cloud computing is a mix of both the public and private. Which type of cloud computing is popular in Japan? To answer this question I mailed questionnaires to 2,284 enterprises listed on the Tokyo Stock Exchange Market in 2012 and 2013. I analyzed the relationship between these answers and financial indexes using a multinomial logistic regression model. I concluded that the total assets was the most effective factor in the decision to introduce the public cloud, and the accumulated profit was one of the most effective factors in the decision to introduce the hybrid cloud. These findings are not consistent with orthodox price theory.     

“仁二代”的慈善与“富一代”的生意

根据媒体的“挖粪”．华商协会盈利方式之一即为慈善基金收入,而且不仅协会能从慈善基金中获得收益,业务员向会员私募善款,也有2％的提成奖励。     

Globalization of Information Services and the Industrial Structure of the Japanese Economy

Since the late 1990s, ICT has rebuilt organizational networks by connecting value chains and providing communication networks. This made certain types of services tradable, including information services. This change raised the public concern in terms of the effect on employment and innovation capacity in developed economies. The fragmentation of the production network of information services has been led by US firms, but is spreading to East Asia, typically in outsourcing from Japan to China, India and the ASEAN countries. This study empirically assesses the effect of offshore outsourcing on employment in Japan, specifying trading partners. The results show that information services outsourcing affects employment in the manufacturing sector in Japan, but the effect is different depending on trading partners. This study discusses the implications from the viewpoint of industry policy, relating the results to outsourced business processes.     

创一流工作业绩 向建党91周年献礼——“党员学习e平台”助力海淀园党建工作不断腾飞

＂党员学习e平台＂实现了PC端、手机端、PAD端三端合一,园区2万多名党员可同时在线学习,实现了党的学习全覆盖。     

从舌尖开始的认同之旅

《舌尖上的中国》这部看起来题材并不重大，内容也没有很多深意的关于美食的纪录片．赢得了电视观众的迷恋和网上的一片好评。《舌尖上的中国》把中国美食文化进行了一次深刻的、精心的挖掘，通过每一个个体展现出来，很深入也很透彻。它把前卫的纪录片理念和传统的美食文化结合起来，把食物看作一种生命，当一个人看待它的出生、发展，它生命的每一点特征都展现出来，所以让人感动。     

张刚：技术高手的华丽蜕变

如果把数码视讯比作一艘大海上高速前进的舰船,张刚就像一个大副,时不时地登高瞭望,以更开阔的视野丈量着无限的前程。