论可交换公司债券的会计处理

可交换公司债券是与可转换公司债券非常相似的金融工具,但其与可转换公司债券相比具有自身特殊性。根据企业会计准则的相关规定,本文以债券发行者和投资者作为会计主体,探讨这一新的金融工具的相关会计处理。     

海洋生态经济系统界定与构成研究

近年来海洋生态经济系统研究取得了突破性进展,但国内外学者对海洋生态、经济与社会系统及其相互作用的运行规律认识尚不统一、不全面,基础理论研究薄弱,与陆域生态经济系统研究相比,无论是相关概念界定还是运行机理探究都存在滞后性,为此,从生态经济系统的基本内涵出发,对海洋生态经济系统重新进行界定,并对构成海洋生态经济系统的生态、经济与社会三个子系统运行机理与功能进行系统研究,以弥补当前研究不足。     

“合成谬误”之谬——中国—东盟自由贸易区一周年的实证分析

中国—东盟自由贸易区正式实施以来,双方贸易额有了大幅增长。帕克(Park,1989)命题认为:合成谬误将在中国与东盟四国率先出现。本文提出了两个核心假说:第一,贸易竞争会导致结构调整和生产分工;第二,结构调整和生产分工会导致贸易互补。并根据可获得的各种统计资料,运用实证分析的方法和各种判定指标对帕克命题进行了判定。     

Son preference,children’s gender and parents’ time allocation: evidence from China

This article investigates the effect of children’s gender on parents’ time allocation in developing countries due to the long-existing tradition of son preference. A collective model generates predictions concerning the impact of the birth of sons on family behaviour when son preference is treated as a premium in the father’s utility function. Using data from China, I show that, with more sons instead of daughters, the time spent by both men and women on housework rises, while men have to increase their work time in the labour market and women can reduce theirs. The results are consistent with theoretical predictions and are robust for use in further tests. For the possible endogeneity of children’s gender, I use the law forbidding the use of ultrasound-B to reveal the gender of a foetus as instrumental variables as the identification strategy.     

Does credit composition matter for current account dynamics? Evidence from Turkey

Based on a dynamic approach using the Kalman filter we depict effects of time-varying interactions between different components of credit stock on the current account in the Turkish Economy for the period 2002Q3–2014Q3. We decompose the credit stock into consumer and non-financial corporate sector credit and show empirically that both types of credit stock have negative effects on the current account dynamics.     

Future changes in age and household patterns: Some implications for public finances

Using stochastic forecasting techniques, this paper assesses the consequences for public finances of changes in age and household structures in Denmark over the period 2008–2037. Focusing on components of welfare provisions and tax payments with noticeable differences across age and household status, we show that, based on a point forecast, the fiscal impact of changes in household structures amounts to an annual negative effect of 0.5% of GDP, and the effect of changes in age structures is forecast to worsen the public budget by 3.7% of GDP per year. While being subject to a considerable amount of uncertainty, the prospect of such a dramatic weakening of public finances is likely to trigger demands for welfare reforms characterized by a more individualized system of public transfer and tax payments, in addition to the measures that have already been taken to address the fiscal effects of population ageing.     

探析线条在摄影构图中的艺术表现

线条是摄影艺术构图中最为重要的构成要素之一，有效的线条构成对提高作品的艺术感染力和视觉张力具有及其重要的作用，蕴涵着极大的艺术魅力，它包含了诸多的审美元素与审美功用。分析线条在摄影艺术构图中的艺术分类与情感表达，对研究摄影艺术创作有着及其重要的指导意义。     

Fiscal Policy and Occupational Employment Dynamics

We document substantial heterogeneity in occupational employment dynamics in response to government spending shocks in the United States. Employment rises most strongly in service, sales, and office (“pink-collar”) occupations. By contrast, employment in blue-collar occupations is hardly affected by fiscal policy. We provide evidence that occupation-specific changes in labor demand are key for understanding these findings. We develop a business-cycle model that explains the heterogeneous occupational employment dynamics as a consequence of composition effects due to heterogeneous employment changes across industries and occupation-specific within-industry employment shifts due to differences in the short-run substitutability between labor and capital services across occupations.     

Monetary Policy,the Composition of GDP and Crisis Duration in Europe

This paper analyzes the effects of changes in interest rates on the composition of production in 10 European countries during the boom period of the 2000s. We find that output elasticity differs across industries and across countries for similar industries. The paper suggests that in the run-up to the 2008 crisis, the European Central Bank's low interest rate policy affected the allocation of resources across industries. This may explain the sluggish overall recovery from the crisis in Europe.     

Wage discrimination and population composition in the long run

We derive the conditions that sign the effects of changing population composition on wage levels and ratios, when labor supply and discrimination preferences vary. The overall effect depends on an aggregate market, a relative market, and a preference distribution effect.