国际经济中的美元化趋势

一、美元化的内涵及类型美元化指美元跨越国界,全部或部分取代它国货币在有关国家里发挥交易媒介、记帐单位和价值贮藏等职能的一种货币现象。美元化可分为部分美元化和完全美元化。前者是指在一国的货币金融活动中,私人部门放弃本币而直接采用美元以完成支付和储藏职能;后者是     

信封的防潮技术分析

近年来随着人们生活水平、质量的提高和邮寄市场的变化发展，人们对信封这种和我们平时生活密切联系的东西提出了更高的要求，各种个性化、功能化的信封设计技术开始在信封生产中应用。     

实施技术标准战略提高企业核心竞争力

现代企业标准化管理是企业参与市场竞争，提高企业核心竞争力的重要手段世界经济一体化和新经济的到来，将企业间的竞争演变为标准化实施与管理的竞争通过对标准化的理解，针对我国目前石油行业走出去战略，对具有特殊地位和性质的石油行业的标准化建设与管理提出了建议。     

闽台合作开发区域性保险市场的探讨

福建保险业经过几年的发展已经初具规模,但还与福建的经济发展状况不相匹配,市场规模较小,竞争程度有限。海峡西岸经济区发展战略的实施为闽台保险行业的合作提供了坚实的基础和广阔的空间。本文分析了福建保险业总体发展现状及其成因,并基于福建市场的特点和闽台保险机构的互补优势,对闽台合作共同开发区域性保险市场的前景进行了一定程度的探讨,并对加快两岸合作,共同开发区域市场提出了针对性的政策建议。     

企业现金流量分析与风险控制

在财务分析中人们关注的焦点往往集中在以权责发生制为基础的资产负债表和利润表上，但大量的财务实践证明。以实现制为基础编制的现金流量表则被认为能比较客观的反映企业经营状况。人们常常把现金喻为企业经营运作中的“血液”，把现金流量表视为公司的“验血报告单”。正由于现金流量表反映了与利润相同会计期间货币资金与现金等价物之和的收支汇总情况，因此，现金流量表信息获得了越来越多的会计信息使用者的信赖和关注。     

REITs引领地产金融创新

来自商务部的一项调查结果显示,目前我国商业地产自筹资金仅占35%左右,地产商对银行信贷的依赖水平却高达70%至80%之间.中国商业地产的融资渠道单一,对金融业和地产业的发展都隐含着较大的风险.     

Homeownership Determinants for Chinese Americans: Assimilation, Ethnic Concentration and Nativity

Chinese homeownership rates in the Los Angeles Consolidated Metropolitan Statistical Area adjusted by socioeconomic and housing market characteristics are, on average, 18 percentage points higher than those of native white households. This finding runs contrary to most immigration literature, which suggests that immigrants usually lag behind the host society in measures of economic well-being. This study focuses on two additional factors, which most economic studies of homeownership choice ignore, that may play a role in helping Chinese households achieve high homeownership in ways that other immigrant groups do not. The results of this analysis find that the high homeownership rates cannot be explained by the English skills of households. The cultural influence of homeowning peers may have partially contributed to the higher homeownership of Chinese households. While living in ethnic Chinese communities lowers homeownership rates, in general, it helps improve the likelihood that Chinese immigrants will own a home. Finally, we find that there is great diversity among Chinese subgroups with respect to their likelihood of owning a home, but very little diversity with respect to the education and income level of Chinese households across subgroups.     

巴西的交通运输与替代燃料的开发利用

本文介绍巴西交通业快速发展与石油工业缓慢增长之间的矛盾,重点论述巴西如何开发替代燃料、取得的成效及其经验对发展中国家的启示。     

EXPONENTIAL DURATION: A MORE ACCURATE ESTIMATION OF INTEREST RATE RISK

We develop a new method to estimate the interest rate risk of an asset. This method is based on modified duration and is always more accurate than traditional estimation with modified duration. The estimates by this method are close to estimates using traditional duration plus convexity when interest rates decrease. If interest rates rise, investors will suffer larger value declines than predicted by traditional duration plus convexity estimate. The new method avoids this undesirable value overestimation and provides an estimate slightly below the true value. For risk‐averse investors, overestimation of value declines is more desirable and conservative.     

操纵证券交易价格行为——经济犯罪视角的法律分析

我国证券市场自上个世纪90年代初开始发展时起,国家对证券经济中的违法行为就进行着不断的法律规范。有数据显示,在证券经济中的违法行为中,自1993年10月～1998年12月期间,中国证监会公布的全部违法违规案件的处罚决定共60个,其中最常见的就是操纵证券交易价格的案件,占30%。我