客体语言的中西文化比较

客体语言的使用具有宗教文化作用、昭示规范作用和社会心理作用。从特定文化的物象和事象中对客体语言加以探讨,有利于不同文化间的理解和交流,使不同民族精神和文化传统得以共存和共赏。     

期货监管部门对期货经纪公司的风险监管--基于期货经纪公司净资本指标的分析

强化风险控制和监管是期货行业健康发展的基础和永恒主题。中国证监会推出的期货经纪公司监管报表和指标体系旨在加强对期货经纪公司的监管,防范和化解风险。但现实中这些规定可操作性不强,且多为事后监管,不利于风险的提前预警。本文结合我国期货行业的实际状况,通过对期货经纪公司“经调整的净资本”指标的分析和讨论,提出了一些可操作性较强的建议。     

由行星运动公共特征综合运动物体“磁场”

辩证理解牛顿第一定律,并采用牛顿综合万有引力的科学方法,由行星长期运动公共特征,综合运动物体的"磁场"。     

资源环境审计对象研究

资源环境的日益恶化,触及了民生问题、经济问题和发展问题。本文研究定位于：对现行资源环境审计对象进行客观分析,研究其在现行体制、机制、制度下存在的管理弱点和问题,提出与国家治理和科学发展相适应的审计对象确定方式,为资源环境审计提供实践指导。     

论思想政治教育对象的主体化

从澄清思想政治教育客体主体化的概念出发,通过分析"充分发挥教育者的教育引导作用、大力提倡并加强受教育者的自我教育和充分发挥社会环境和网络媒介的作用"这三种思想政治教育客体主体化的途径,得出思想政治教育客体主体化"有利于教育目的在客体中的内化和外化、客体主体化的生成和发展以及在新挑战中赢得主动权"这三层意义。     

Determinants of the adjusted net saving rate in developing economies

The adjusted net saving rate, initially known as the genuine saving rate, was first published by the World Bank in the late 1990s as a more comprehensive measure of national saving and one more indicative of sustainable development. The adjusted net saving rate incorporated not just physical capital depreciation, but natural capital depletion and environmental damage, as well as including some human capital formation. In this paper, using a cross‐section of developing economies for 2001–2006, determinants of the adjusted net saving rate are estimated. For comparison, the same determinants for the gross national saving rate are estimated. Also, a basic Solow growth model is extended to incorporate natural resources and to justify a more comprehensive measure of savings, such as the adjusted net saving rate, for modeling economic growth. The two measures of savings are then compared as determinants in estimations of economic growth. Understanding the determinants of the adjusted net saving rate is useful for policies to promote sustainable development.     

住房抵押贷款支持证券的利率风险度量——基于"建元2005-1 MBS"A证券的实证

住房抵押贷款支持证券中隐含期权的存在导致未来现金流不确定,久期和凸度等利率风险管理工具不再适用。本文基于OAS理念建立了住房抵押贷款支持证券的利率风险度量过程:采用多项式样条函数法构建零息票收益率曲线,采用Vasicek模型描述动态利率期限结构,通过蒙特卡罗方法模拟利率路径并确定未来现金流,采用ARMA模型描述和预测提前偿付率,进而计算出OAS、有效久期和有效凸度的值。最后以建元2005-1MBSA证券为对象进行了实证研究。     

A generalized theoretical modelling approach for the assessment of economic-capital under asset market liquidity risk constraints

This paper proposes a concrete theoretical foundation and a new modelling framework that attempts to tackle the issue of market/liquidity risk and economic-capital estimation at a portfolio level by combining two mutual asset market/liquidity risk models. In essence, this study extends research literature related to the assessment of the asset market/liquidity risk by providing a generalized theoretical modelling underpinning that handle, from the same perspective, market and liquidity risks jointly and integrate both risks into a portfolio setting without a commensurate increase of statistical postulations. As such, we argue that market and liquidity risk components are correlated in most cases and can be integrated into one single market/liquidity framework that consists of two interrelated sub-components. The first component is attributed to the impact of adverse price movements and is modelled based on the concept of liquidity-adjusted value-at-risk framework, while the second component focuses on the risk of variation in transactions costs due to the bid-ask spreads and it attempts to measure the likelihood that it will cost more than expected to liquidate the asset position. As such, the model comprises a new approach to contemplating the impact of time-varying volatility of the bid-ask spread and its upshot on the overall asset market/liquidity risk. The modelling framework can be constructive for financial service industries in emerging-economies and particularly in reinforcing rational economic-capital allocation in light of the aftermaths of the sub-prime financial crisis.     

"一权一主":现代产权明晰的基础

产权明晰问题争论的实质是"一物一主"与"一权一主"两种产权原则的分歧。在产权社会化发展中,产权关系与产权观念的深刻变化为"一权一主"现代产权原则的确立奠定了现实基础,马克思产权理论和现代西方产权理论为"一权一主"现代产权原则的确立提供了理论基础,而现代财产立法体现着"一权一主"的精神和原则。"一权一主"现代产权原则的确立,对产权明晰、资源配置及产权社会化发展具有重要意义。     

法学维度的价值分析与刑事政策价值体系的建构

目前,刑法学界不乏关于刑事政策价值的研讨,而对于刑事政策价值体系及其建构,问津者寥寥。刑事政策的价值体系是指由刑事政策的若干由社会所认可的价值所构成的系统,它由价值客体、价值主体和价值目标所构成。三者相互联系,密不可分。