A Hitchhiker's Guide to the World's Household Panel Data Sets

This article describes four household panel data sets: the American Panel Study of Income Dynamics, the German Socio-Economic Panel, the British Household Panel Study, the Canadian Survey of Labour and Income Dynamics and the Cross-National Equivalent File.     

Testing for Cointegrating Rank Via Model Selection: Evidence From 165 Data Sets

The model selection approach has been proposed as an alternative to the popular tests for cointegration such as the residual-based augmented Dickey–Fuller test and the system-based trace test. Using information criteria, we conduct cointegration tests on 165 data sets used in published studies. The empirical results demonstrate the usefulness of the model selection approach for applied researchers. Electronic Supplementary Material  Supplementary material is available for this article at and is accessible for authorized users.     

Current Trends and Demands in Visualization in the Geosciences

Geosciences, along with many other disciplines in science and engineering, faces an exponential increase in the amount of data generated from observation, experiment and large-scale, high-resolution 3-D numerical simulations. In this communication we describe the fundamentals of visualization necessary to meet these challenges. We present several alternative methodologies such as 2D/3D feature extraction, segmentation methods, and flow topology, to help better understand the physical structure of the data. We use AMIRA from TGS to demonstrate our concepts. Examples are drawn from fields in computational fluid dynamics, 3-D mantle convection and seismic tomography. Finally, we present our perspective on the future of visualization.     

Super-modularity: Applications to convex games and to the greedy algorithm for LP

L. S. Shapley (Internat. J. Game Theory1 (1971), 11–26) showed that if a game is convex, then all the marginal worth vectors are members of the core. J. Edmonds (in “Combinatorial Structures and Their Applications” (R. Guy et al., Eds.), pp. 69–87, Gordon & Breach, New York, 1970) considered a class of linear programming problems for which the greedy algorithm works. The present paper unifies these studies, and establishes the converse of each theorem.     

Large Cash Transfers to the Elderly in South Africa

We examine the social pension in South Africa, where large cash sums—about twice the median per capita income of African households—are paid to people qualified by age but irrespective of previous contributions. We present the history of the scheme and use a 1993 nationally representative survey to investigate the redistributive consequences of the transfers, documenting who receive the pensions, their levels of living, and those of their families. We also look at behavioural effects, particularly the effects of the cash receipts on the allocation of income to food, schooling, transfers, and savings.     

Applications of the p-similarity method to forecasting

The p-similarity method applied previously in the prediction of pollution crises is used as a general forecasting technique.     

Social Network Analysis: Suggested Applications to Economic Control

The current crisis reveals the inadequacy of laissez faire policies of the last 30 years, and the neoliberal theories upon which they rest. The policies directed toward averting depression have largely benefited the corporate rentier and the financial sector they served. Keynes, Minsky, and Galbraith advocated policies to rescue the economy, NOT the rentier. Keynes hoped to make capital sufficiently abundant so as to euthanize the rentier. Minsky attributes their endurance to the public's effort to emulate their consumptive habits. Galbraith points to the use of corporate power to stimulate consumer spending and influence the political process.     

从“大数据”到“智能数据”——剖析德国国家智能数据创新实验室的定位和模式

面对全球范围的大数据之争,德国具备信息技术产业及市场快速增长、信息技术服务业和软件业世界领先、传统制造业数字化基础良好等优势条件,亦有明显的结构性缺陷。为落实数字变革战略,实施数字议程,提升德国在大数据领域的核心竞争力,德国联邦政府联合科技界和产业界代表,启动了全新的国家尖端研究平台一一智能数据创新实验室,提出智能数据创新理念,通过推动产学研合作,对大数据进行进阶的智能化处理,以抢占未来的战略发展高地。本文对该平台的定位和模式进行了剖析,供国内有关部门参考。     

银行为什么愿意向大企业货款

本文从行为金融学这一全新的视角,分析了我国银行贷款集中给大企业的根源,认为展望理论计算出的展望值差异,是造成国有大银行贷款集中的根源,从众心理支配下的羊群效应则是我国中小银行也争相贷款给大企业的症结所在,而造成展望值差异和羊群效应的最关键因素在于信息不对称条件下的贷款人非理性,因此,如何克服贷款市场上的信息不对称,是解决贷款集中问题的关键。     

重绘上海的心理地图 --在华东师大的讲演(2002年5月21日)

中国文化里面的历史感是比较强的,历史感强并不表示就不注重现实了,现实是一种多层次的东西,现实包括了历史,今天也包括了过去。     

从全球化与本土化激荡的脉络论大学通识教育中的公民教育

本文写作之主旨在于分析21世纪海峡两岸大学通识教育中"公民教育"教学实务中全球化与本土化之紧张性问题;探讨紧张性形成之原因;并分析如何在"公民教育"教学实务中舒解或消融这种紧张性。     

不良资产对商业银行稳定性的影响——基于中国大型商业银行面板数据的研究

文章基于中国全国性大型商业银行2003-2017年的面板数据,实证研究了不良资产对商业银行稳定性水平的影响效应,并对其中间路径进行了理论机制检验,结果显示:商业银行在市场化经营过程中产生的不良资产显著降低了商业银行的稳定性水平;进一步的机制分析发现,市场化形成的不良资产对商业银行的资产收益率具有负向影响效应;不良资产通过渐次侵蚀商业银行的附属资本和核心资本,显著降低了银行的资本充足率,推升了银行的杠杆水平;相比于资产收益率,不良资产对资本充足率的影响更为显著.研究结果表明,降低商业银行的杠杆率水平是提升银行稳定性的有效措施.     

中国通商图：魔鬼与天使的敲门声

奥朗奇的书,明明用大号字写着“中国通商图”,主要画面却是在中国江河上到处横冲直撞、销烟弥漫,炮火连天的西方三桅战船。英国人对居然“拒绝贸易带来好处”的中国人感到莫明其妙：以“天朝不宝远物”自乐的中国人却对自以为先进的西方东西没有“丝毫羡慕的表示”。冲突便无可避免地产生了。     

An Interactive Economic Policy Approach to Manage Structural Change: The case of industry conversion in the German state of Bremen

The present paper deals with (1) the regional experience of a severe and sudden structural change sometimes faced by regions and cities which display considerable industrial specialisation, and (2) a proactive regional economic policy response: it offers a theoretical explanation of this policy and discusses the basic philosophy behind it, the agents involved, the instruments it employs and its effects. The German state (Land) of the Free Hanseatic City of Bremen is a port and industry centre that has not only had considerable experience of industrial decline, but also of proactive industrial policy involvement. In addition, being the centre of the defence industry in northern Germany, Bremen experienced dramatic structural change due to the disarmament process that occurred during the 1990s. Bremen's industrial defence conversion approach has been widely considered as a case for further developing network forms of regional economic policy and for a managed industrial diversification strategy. It has indeed developed as a way to manage industrial change during the last ten years. This paper will discuss (1) the basic industrial problem; (2) some background conditions needed for success; (3) the approach and instruments developed; (4) the results obtained; and (5) a theoretical consideration on the basis of the experience.     

The Use of Interactive Video in Teaching Microeconomics: A Note

The interactive-video system described by Bogan may encourage other instructors with large classes to develop and test similar systems of individualized instruction.     

生产性服务业与制造业互动发展:文献综述

本文介绍了目前理论界流行的四种论述生产性服务业与制造业关系的观点,即“需求遵从论”、“供给主导论”、“互动论”和“融合论”。然后,从分工和竞争力两个视角综述了生产性服务业与制造业互动的机制。从产业层面看,生产性服务业的发展能促进经济分工,提高经济效率。从企业微观层面看,制造企业使用生产性服务有利于其提高竞争力。最后,文章对论述生产性服务业与制造业互动关系的实证文献进行了概括。     

Market Underreaction to Large Stock Price Declines: The Case of ADRs

This paper examines a sample of ADR stocks that experienced significant stock price declines of more than -15% during a specific month, and finds no evidence of a reversal pattern over the long run. The results are consistent with the predictions of the underreaction hypothesis and the existence of a "momentum" effect in stock prices. The underreaction hypothesis is also supported when ADRs are examined across industries, and for a sample of emerging market ADRs.     

Extending the Principles of Intensive Writing to Large Macroeconomics Classes

The authors report on the design and implementation of a pilot program to extend the principles of intensive writing outlined by W. Lee Hansen (1998), Murray S. Simpson and Shireen E. Carroll (1999) and David Carless (2006) to large macroeconomics classes. The key aspect of this program was its collaborative nature, with staff from two specialist units joining forces with two economics instructors to provide students with significant resources and direction in a short program of writing, embedded within an intermediate macroeconomics subject at the University of Technology, Sydney (UTS). The objective was to test potential strategies and to identify points of improvement for a more intensive program of writing development at the next stage of implementation. The authors review the literature on student writing and associated assessment issues, outline the central design features of the UTS program, and take a closer look at the centerpiece of a strategy for overcoming writing problems: a series of writing workshops targeted at two related assignments within the intermediate macroeconomics course.