中国和美国正在走向冲突?

随着中国的崛起,中国和世界上唯一的超级大国美国之间的国力差距在缩小。不少观察家担心,武装冲突将随之发生。在近代历史上,出现过七次大国崛起,挑战现存强国,其中六次都导致了冲突。但是,本文指出,有理由相信,中国的崛起将是和平的。     

Current Agricultural Situation Calls for Science and Technology

The first document,or known as the No.1 document,to address China's agricultural issue by improving agriculture science and technology is in urgent need,considering the present situation facing the agricultural development.     

Motives for Giving: A Reanalysis of Two Classic Public Goods Experiments

Experimental work in economics prompted the development of theories of other‐regarding behavior. In this article we reanalyze two classic public goods experiments and focus on the nature of individuals' responses to others' behavior in order to help distinguish alternative motives for giving, including altruism, warm glow, reciprocity, and inequality aversion. Analysis that allows for asymmetric feedback responses generates support for inequality aversion motives but little for reciprocity (matching), altruism, and warm glow. We conclude that individual‐level analysis of existing public goods data can provide more insightful, informative estimates of treatment effects.     

A framework for analyzing money stock control under the Monetary Control Act

This paper analyzes the money stock effects of the Monetary Control Act (MCA) under a nonborrowed reserve (NBR) operating procedure. Prior to the passage of the MCA, policy was conducted under an interest rate operating target where reserve requirement reforms such as those introduced by the MCA had little influence on money stock variability. Under an NBR procedure however, the structure of reserve requirements may have a significant impact on monetary control. Our analysis indicates that the relative improvement in monetary control greatly depends on the degree of tightness exercised by the Federal Reserve over total reserves in an MCA regime. The tighter the control, the more significant the estimated monetary control benefits of the MCA under an NBR procedure.