论入世中的中外合作基金

中国加入世界贸易组织既意味着机遇 ,又面临着挑战。为了迎接挑战 ,我们必须尽快构筑起新的“竞争—合作”框架。中外合作基金就是一种有助于旧市场格局调整、新竞争框架构筑的制度安排。     

经济批量公式在存贮问题中的应用

存贮论作为运筹学的一个分支,现行教材上历来都是用微积分进行讨论的。但是,对确定性存贮问题而言,用初等数学知识来解决更为方便。因此,运用平均值不等式,建立了经济批量公式,并通过具体的实际问题,说明它在存贮问题中的应用。     

加入WTO后民营经济发展的机遇、挑战与对策

“入世”能给中国民营经济发展创造更为宽松的环境，拓宽产品出口渠道，增加利用发达国家先进技术和外资的机会。同时“入世”也会对民营经济产生某些不利影响，产生较大冲击。必须找准“切入点”，注重民营经济的创新，加快民营经济信息化步伐。     

浅谈加入WTO对我国财务管理的影响

入世对我国企业筹资，投资和利润分配管理都有着重要影响，应通过提高人员素质，完善法规制度和充实管理手段等,提高财务管理工作效率，使财务管理工作步入现代化，程序化，国际化轨道。     

Societal and cultural examination of public service advertisements of a society in transition

Although public service advertisements (PSAs) can be viewed as either change agents or reflections of concerns about societal needs, there is little research on this topic. Rapid changes in newly industrializing countries have apparently brought about several negative consequences. In this study, we used multiple methods for exploring PSAs in Thailand to identify important societal needs. Furthermore, we examined variations in attitudes towards specific public service advertising themes using demographic and cultural variables. Through both naturalistic inquiry and a large-scale survey of 1756 respondents, we found that the priority placed on safety and social needs in the Thai culture was clearly reflected in PSA themes and messages. In addition, attitudes towards PSA themes were found to vary by education, age and traditional values, but not by religion. Propositions and suggestions for future research are also provided in the final section.     

对WTO规则的思考与建议

WTO规则是”法治”还是实用主义？WTO争端解决机制有哪些缺陷？加入WTO对我国经济有什么不利影响？本文对这些问题进行讨论，并提出相应对策与建议。     

俄罗斯入世给中俄经贸合作带来的机遇和挑战

随着俄罗斯经济的复苏，其加入WTO的时刻也日益迫切。俄罗斯入世后，其经贸条件、投资环境、相关法律等都将发生明显变化，对中俄经贸合作将产生重大影响。     

Why homeowners’ documentation went missing under the Home Affordable Mortgage Program (HAMP)?: An analysis of strategic behavior of homeowners and servicers

This study investigated why documentation of certain homeowners who participated in the trial period plan (TPP) of HAMP went missing using a model of strategic behavior of homeowners and servicers. I found that the likelihood of cancellation of the TPP for missing documentation was higher for those who were current on their mortgage payments, compared to those 30 days delinquent, prior to entering the plan—both types of homeowners entered the program because they were in danger of imminent default. This finding, which is consistent with servicers “steering” homeowners with low credit risk away from HAMP to their own (proprietary) modifications, is more likely for loans owned or guaranteed by the government-sponsored enterprises (GSE) than non-GSE loans—the GSE loans have relatively more homeowners with low credit risks. The outcome, not widespread across servicers, is possibly related to the lack of standardization across servicers in identifying borrowers in danger of imminent default. Missing documentation is also associated with severely delinquent homeowners who had less incentive or were unable to submit complete documentation. This cohort of borrowers could benefit from financial education and Treasury’s proposal that servicers provide a single point of contact for borrowers would help reduce the problem of missing documentation.     

中国加入WTO对福建林产工业的影响

福建林产工业虽经几十年的建设发展 ,有一定的规模 ,形成一定的生产力 ,但与福建林业大省地位极不相称。加入WTO对福建林产工业会有很大的冲击 ,但也是很好的发展机遇 ,应抓住机遇 ,加大投入、依靠科技进步 ,大力发展福建的林产工业 ,才能从容应对冲击 ,促进福建林业的可持续发展。     

Modeling the Euro overnight rate

This paper describes the evolution of the daily Euro overnight interest rate (EONIA) by using several models containing the jump component, such as a single-regime ARCH-Poisson–Gaussian process, with either a piecewise function or an autoregressive conditional specification (ARJI) for the jump intensity, and a two-regime-switching process with jumps and time-varying transition probabilities. To model the jump intensity, we include the following effects which are significant for the occurrence of jumps: (1) the end of maintenance period effect because of reserve requirements, (2) the end of month effect, also known as the calendar day effect, caused mainly by accounting adjustments and finally, (3) the meeting effect caused by the meetings of the Governing Council of the European Central Bank (ECB). These effects lead to better performance and several of them are also included for the behavior of the transition probabilities. Since the target of the ECB is to maintain the EONIA rate close to the policy rate, we model the conditional mean of the overnight rate series as a reversion process to this policy rate, distinguishing two alternative speeds of reversion, specifically, a different speed if EONIA is higher or lower than the policy rate. We also study the jumps of the EONIA rate around the ECB's meetings by using the ex-post probabilities of the ARJI model. Finally, we develop a volatility forecasting analysis to measure the performance of the different candidate models.