Social and environmental accounting teaching in UK and Irish Universities: a research note on changes between 1993 and 1998.

This research note reports on a questionnaire–based survey of the teaching of social and environmental accounting (SEA) in undergraduate accounting degrees throughout the British Isles in 1998. The study is a replication and extension of Owen et al. 's (1994) survey in 1993 and analyses the significant changes from that study. The results suggest that environmental accounting is still the most prevalent SEA topic taught; and educators teach SEA because of the political prominence of SEA issues. Any absence of SEA teaching appears to be due to lack of time and space in crowded curricula. SEA appears not to be taught in some universities despite sustained interest in, and debate about, the development of environmental and social responsibility agendas throughout the 1990s. As the accounting literature speaks of the failure of teaching to reflect business and practitioner needs (AECC, 1990b), the paper posits that the lack of SEA teaching may be seen as an illustration of this failing.     

The Views of ‘Knowledge Gatekeepers’ About the Use and Content of Accounting Textbooks

This study examines financial accounting educators' views about, and use of, recommended course textbooks in the UK. In particular, this research explores the factors that influence the selection of a recommended text, the role it plays on the course, and educators' perceptions of the worldview that underpins their chosen text. Drawing on the results of a questionnaire survey and semi-structured interviews with introductory financial accounting educators, this study draws attention to ideological issues concerning accounting textbooks. In particular, findings from this research suggest that a number of educators feel that their recommended textbooks should discuss the information needs of a broad range of stakeholders and supplement their text with materials that provide alternative perspectives or which draw attention to current issues in accounting. Moreover, a number of the participants indicated that their textbook had ideological characteristics in so far as they had an overly technical focus which ‘obscured’ the values that underpinned them.     

流动性过剩对我国一般物价水平的影响

本文考察了20世纪80年代中期以来我国流动性与物价变动之间的关系,分析了1990年代中期后我国物价水平保持基本稳定的原因。同时,本文也指出,流动性过剩大大增加了我国物价未来走势的不确定性和复杂性,短期内必须警惕由局部供给短缺冲击和流动性过剩相互交织而产生的一般物价和资产价格“双上涨”,中长期内还必须防范其他可能面临的风险。最后,在保持物价稳定的综合措施中,本文认为,应通过着力解决流动性过剩问题来改善宏观经济运行的基本环境。     

英国利率市场化的历史沿革与银行业应对策略

国际经验表明,一国利率市场化改革有力推进了银行业经营理念和发展模式革新,而商业银行利率定价管理能力的提高,也会对市场利率变化趋势产生影响。文章回顾了英国利率市场化改革的简要历程及其对银行业利率和利差水平变化的影响,重点考察了英国银行业的应对策略及其成熟的定价管理模式,并就国内银行业如何借鉴国际经验以有效应对利率市场化的机遇与挑战进行了思考。     

Real exchange rates, preferences, and incomplete markets: evidence, 1961–2001

Abstract.  Many international macroeconomic models link the real exchange rate to a ratio of marginal utilities. We examine this link empirically, allowing the marginal utility of consumption to depend on government expenditure, real money balances, or external habit. We also consider two environments with incomplete asset markets; one with exogenously missing markets but an endogenous discount rate that anchors the distribution of wealth and one with endogenous market segmentation. Although none of these satisfies theoretical and over‐identifying restrictions for every country, utility with external habit persistence provides the best match with real exchange rates for OECD countries between 1961 and 2001. JEL classification: F41     

Company Tax Structure and Company Tax Incidence

This paper reviews conflicting theories of company tax incidence impliedby the alternative new and traditional views of dividends andexamines their contrasting policy implications. Whereas, under thetraditional view, closer integration of the corporate and personalincome tax systems is suggested, an alternative policy orientationemphasizing the non-distorting features of the classical system is impliedby the new view. Even if the traditional view is accepted, theimplications for design and reform of the company tax vary widely underalternative specifications of domestic and international tax policy objectives. Schedular alternatives to global income taxation are alsoconsidered.     

2007年债券市场运行情况分析报告

该文首先从债券发行规模、债券余额、回购交易、现券成交量、债券远期、债券远期利率协议和债券借贷等八个方面介绍总结了银行间债券市场的运行情况,并简单介绍了交易所债券市场的运行情况;进而在总结了2007年债券市场运行特点的基础上,对2007年债券市场的运行情况做出基本的判断。     

从货币地位角度看美国次贷危机与亚洲金融危机的差异

相比亚洲金融危机等历次金融危机,美国次贷危机有着类似的宏观经济和制度背景,但次贷危机在形式、影响和危机国应对政策方面均体现出与传统金融危机不同的特征。该文比较了美国次贷危机与亚洲金融危机的差异,认为危机发源国货币地位的不同是这些差异产生的重要因素。     

信贷危机后 通货紧缩将成为西方经济体主要风险

该文首先简要回顾了信贷危机发生以来全球市场的状况,进而分析了信贷危机对美国消费市场、新兴经济体和全球商品市场的影响,指出商品市场剧烈波动、严峻的通货膨胀对新兴经济体的威胁及其采取的对策;最后该文对通胀前景表示乐观,但认为信贷危机将导致世界经济的萎缩,同时认为通货紧缩将再度成为西方面临的主要风险。     

江浙沪地区企业短期融资券发展状况调查

自2005年4月首只短券发行以来,江浙沪二省一市企业积极利用短券进行融资。发行短券有效降低了区域内企业融资成本,改善了融资结构,提高了企业的影响力,而且江浙沪已成为短券融资最多的地区之一。然而,与江浙沪二省一市的经济结构、产业特点相比而言,企业在短期融资券方面的需求仍受多方面的限制,主要是相对严格的管理抑制了企业发行意愿,民营企业和中小企业的发行需求难以满足。