银行代理保险业务存在的问题及建议

近年来,随着保险市场的深化和广化,银行代理保险业务获得了快速发展,出现了合作规模与业务品种不断扩大的趋势,在提高商业银行的中间业务收入,满足客户多元化理财需求等方面发挥了积极的作用.但随着银保合作业务的不断深人,商业银行代理保险业务不规范等一系列不容忽视的问题开始出现.本文通过对存在问题的具体分析,提出了相应的对策和建...     

Globalization and affordability of microfinance

We study how globalization can differentially affect financial inclusion through the lens of microfinance. Based on an institutional logics perspective, we argue that MFIs embody both social logic and market logic with regard to provision of affordable microfinance loans. Speicially, social logic is amplified by greater social globalization and the stronger presence of nonprofit organizations (NPOs) in the microfinance industry. In contrast, economic globalization catalyzes MFIs' market logic, leading to weaker or greater affordability of microfinance, depending on the relative strength of the profit-maximizing motive and real competition. We test these predictions by focusing on MFI interest-rate setting and using longitudinal data from 2030 MFI observations across 50 countries from 2002 to 2012. We find that country-level social globalization measure is negatively associated with the average MFI loan interest rates and that country-level economic globalization measure has an inverse U-shaped relationship with the average MFI loan interest rates. These results support our hypotheses and suggest a more nuanced view on how globalization affects affordability of microfinance.     

采气工劳动防护用品配置配备标准分析探讨

针对采气工在生产工作中所处的工作环境,分析了其对人体的7个部位可能造成的伤害,提出了"配置到站"与"配置到人"两种配置模式,从标准的适应性和经济性进行了分析,并提出了相应的劳动防护用品配置标准的改进建议。     

宁静灵致 回归自然——读丁融油画作品有感

正30年前即享有"少年天才"的美誉,成为当时中国画坛的一段佳话。后来因画坛名家或激赏、或苛责,无形的压力使他产生了逆反情绪,遂放弃画笔多年。今天所展示的新近作品,不难看出他回归画坛后的种种思考。现实社会的千变万化与对过往年代的追忆,小人物、大都市的生活状态,都充分体现在其作品中。从他严肃的视觉架构中,我们可以看到他对都市生存状况的担忧,以及对宁静的自然生活的渴望。     

Psychological ownership as a crisis management advertising appeal – antecedents,outcomes, and moderators

In a crisis communication context, this work examines the impact of Psychological Ownership (PO) appeals on Ad message recipients’ development of feelings of PO. It demonstrates that increased levels of PO influence the managerially relevant outcomes attitude toward the company and purchase intentions. In doing so, it finds new application for the construct. In order to better understand the factors that may contribute to or mitigate PO, this research also investigates environmental consciousness as an additional antecedent and gender, persuasion knowledge, and geographic distance as moderators of individuals’ response to such appeals. Managerial and theoretical implications are discussed.     

物流专业课程教学案例库构建研究——基于知识管理视角

基于知识管理视角,提出了构建物流专业课程教学案例库的思路,从企业实践、日常生活、科研和互联网媒体与教学的互动关系等方面阐述构建案例库的基本途径,并以实例说明了物流专业课程教学案例库建设对师生能力形成和专业建设的促进效果。     

Analysis of interregional industry linkage and economic distance in China: evidence from the mining industry

The mining industry is an important sector of the national economy, which provides essential support for energy and other resources for economic development. Industrial linkage and economic distance are two different concepts in measuring the correlationship of different industries, in this article, we apply the model that combines both of them to analyse the industries significantly influence the mining industry. We find that electricity and heating industry, and the mining industry itself from forward linkages have greatly influenced the mining industry, and the industries from backward linkages affect mining industry are changing with industrial economic transformation. We also find resources can flow across several regions only after 2007, which means the role of geographical factors limiting long-range transportation of resources is weakening after 2007. And we explain how resources flow among various regions during 1997 ~ 2007. Based on the findings above, policy implications from the empirical results obtained are discussed.     

Can negative interest rates really affect option pricing? Empirical evidence from an explicitly solvable stochastic volatility model

The profound financial crisis generated by the collapse of Lehman Brothers and the European sovereign debt crisis in 2011 have caused negative values of government bond yields both in the USA and in the EURO area. This paper investigates whether the use of models which allow for negative interest rates can improve option pricing and implied volatility forecasting. This is done with special attention to foreign exchange and index options. To this end, we carried out an empirical analysis on the prices of call and put options on the US S&P 500 index and Eurodollar futures using a generalization of the Heston model in the stochastic interest rate framework. Specifically, the dynamics of the option’s underlying asset is described by two factors: a stochastic variance and a stochastic interest rate. The volatility is not allowed to be negative, but the interest rate is. Explicit formulas for the transition probability density function and moments are derived. These formulas are used to estimate the model parameters efficiently. Three empirical analyses are illustrated. The first two show that the use of models which allow for negative interest rates can efficiently reproduce implied volatility and forecast option prices (i.e. S&P index and foreign exchange options). The last studies how the US three-month government bond yield affects the US S&P 500 index.     

外资进入、竞争与性别就业差异

在中国性别就业差异持续扩大的背景下，文章基于2004-2007年的中国工业企业数据库检验了外资进入是如何通过竞争效应对企业性别就业差异产生影响的。结果显示，外资进入程度越高的地区与行业具有越低的性别就业差异，外资进入程度每增加1%，我国内资企业女性就业份额将会增加0.0407%，且这一结果在考虑了抽样偏倚、不同外资范围的界定、使用不同外资进入程度衡量标准和控制内生性后依然十分稳健。进一步的研究显示，外资进入通过提高企业面临的竞争程度来促使以利润最大化为目标的企业雇佣更多成本较低的女性劳动力，进而降低性别就业差异。更为重要的是，外资进入产生的竞争效应对于性别差异的影响在不同受教育群体之间存在差异，其对受过高等教育，特别是受过研究生以上教育的群体影响最大。文章结论表明，在经济全球化背景下完善市场竞争机制和提高女性受教育程度将有利于减少性别就业差异。此外，文章也为研究外资进入的社会经济影响提供了不一样的思路。