Does Equal Pay Legislation Reduce Labour Market Inequality?

This paper considers a labour market model of monopsonistic competition with taste-based discrimination against minority workers to study the effect of equal pay legislation on labour market inequality. When the taste for discrimination is small or competition is weak, the policy removes job segregation and the wage gap completely. However, with a bigger taste for discrimination or stronger competition, equal pay legislation leads to more job segregation, and sometimes minority workers end up earning less than before. Profits of discriminating firms might increase, and discrimination can persist in the long run, although it would have disappeared without the policy.     

The path to Project Darwin: The evolution of the AMP's organisational structure

Demutualisation became a global trend amongst financial sector firms in the last two decades of the twentieth century. Changes to the organisational foundations of mutual firms represented a shift in operational cultures and have often been viewed as an end point or demise of the co-operative business model. It is the intention of this article to investigate the extent to which this was the case within a major mutual institution, the Australian Mutual Provident, Australia's oldest and largest mutual insurer. The article's key argument is that the concept of mutuality is organic, and that within this organisation it evolved as the structure of the firm became more sophisticated as it developed from a supplier of life insurance products into a sophisticated financial services provider, which ultimately generated internal pressures to demutualise.     

A successful British MNE in the backyard of American big business: Explaining the performance of the American and Canadian subsidiaries of Lever Brothers 1888–1914

After 1888, Lever Brothers expanded into the United States and Canada. The surviving archival evidence suggests that the Canadian subsidiary was more successful than the American one. This article considers a number of factors that help to explain why this was the case. Some of the factors considered, such as differences between the Canadian and American tariffs, Canada's more robust system of trademark protection, and the absence of an anti-trust law in Canada before 1908, are related to themes very familiar to business historians. This article also applies concepts that are not part of the normal toolkit of business historians. The article draws on the literature on identity economics and argues that the greater success enjoyed by Lever Brothers in Canada was, in part, rooted in Canada's strongly British identity. The impact of identities on the policymakers, managers, and consumers who collectively shaped the two North American subsidiaries is assessed.     

小额信贷的立法探讨

建立一个小额信贷的法律框架是扩大小额信贷的发展规模和进行有效的风险控制所必需的。印度尼西亚、玻利维亚、加纳等国小额信贷的立法实践为我国小额信贷立法的完善提供了借鉴意义。我国有必要针对小额信贷进行高层次的专门立法,对不同种类小额信贷的准入、转型、监管、信用等制度加以规范和完善,以充分发挥小额信贷在扶贫、就业、支持中小企业发展方面的重要作用,促进社会和谐。     

物权法与担保法的立法冲突及适用

我国在《物权法》中对担保物权列为单独一编并做出了许多新的规定,其中很多规定与《担保法》及其司法解释存在冲突,这些冲突优先适用于《物权法》。通过对两部法律进行的初步比较,并对这些不一致之处进行了相应归纳,确信对《物权法》的正确实施有所帮助。     

浅谈我国涉外产品责任法律制度的完善

随着全球化经济的发展，跨越国界的产品责任案律日益增多，但我国当前还没有调整涉外产品责任适用的法律制度，只是笼统地采用了侵权行为法律适用规则，缺乏操作性，无法适应形势的发展，所以，必须在吸收相关国际通行规则的基础上．完善立法。     

论我国经济犯罪的刑事政策

当前经济犯罪持续高发,在目前的经济犯罪刑事政策收效甚微的情况下,有必要对其进行反思。文中从刑事司法、刑事立法及犯罪预防三个角度对当前的经济犯罪的刑事政策进行了评析,并提出从这三个方面进行的调整及完善。     

浅析商标淡化理论及其功能

驰名商标的淡化是一种比较特殊的商标侵权方式。商标淡化行为会损害驰名商标持有者的利益,这种行为与商标功能扩张的趋势背道而驰,同时商标淡化行为也不利于贯彻商标法的立法宗旨,因此,对此种行为应该加强法律规制。     

An Investigation of the Impact of Interest Rates and Interest Rate Volatility on Australian Financial Sector Stock Return Distributions

Abstract:   This paper extends the existing literature by analysing the dual impact of changes in the interest rate and interest rate volatility on the distribution of Australian financial sector stock returns. In addition, a multivariate GARCH‐M model is used to analyse the impact of deregulation on the financial institutions sector. It was found that there is a consistent inter‐temporal trade off between risk and return over the different regulatory periods. Moreover, finance corporations were found to be highly sensitive to new shocks across the financial sector and deregulation increased the risk faced by finance corporations and small banks – effectively increasing the required rate of return and explaining the continued rationalisation of these sectors. Furthermore, deregulation has changed the fundamental relationship between interest rates and large bank stock excess returns from positive in the pre‐deregulation period to negative in the post‐deregulation period. This reflects the changing institutional environment from one of controlled credit rationing to a more competitive environment.     

俄罗斯防止残酷对待动物法

旨在通过对《俄罗斯联邦防止残酷对待动物法》的框架、目的、基本概念、原则及主要法律规定的介绍,为我国制定相关法律提供启示。