Modelling regime shift behaviour in Asian real interest rates

In this paper we investigate whether real interest rates for a number of Asian economies are constant but subject to occasional jumps using the Markov switching technique. We find evidence that all six rates under consideration have generally been stable, only shifting in response to either international or country-specific shocks.     

A Study on the Reasonable Distribution of Total Funds

How to distribute total sum of funds among different investment priorities？ It is not only a theoretical problem in Management Accounting, but also a realistic problem in the investment decision of an enterprise. In this paper, the author queries the method of ＂use linear programming to find out optimum combination＂, which put forward in management accounting, and gives a convenient and reasonable method---effective gradient method.     

把握性格类型,做策略型礼仪培训师

本文旨在通过对不同性格类型人群的分析与研究,提出在有关礼仪培训过程中,培训师的应对策略。性格类型有:完美型、力量型、活泼型以及和平型。本文针对各种性格类型的受训人群,进行了优缺点的分析,并给出了相应的培训策略,从而更好地提升培训效果。     

Unconventional monetary policy and the dollar–euro exchange rate: further evidence from event studies

New evidence is presented on the impact on the US dollar–euro (USD–EUR) exchange rate of the unconventional monetary policy conducted by the US Federal Reserve (FED) and the European Central Bank (ECB). To that end, we employ an event study approach using daily the USD–EUR exchange rate for the period from 2 January 2007 to 31 January 2015. Our results indicate that the announcement and subsequent implementation of such measures by the ECB would have caused in general an appreciation of the dollar, while those by the FED would have caused a depreciation of the dollar.     

新形势下高职院校大学生党员教育

随着高职院校的蓬勃发展,越来越多的大学生被吸收到党内来,高职院校学生党员比例不断增加,高职院校学生党员的教育和管理工作是高职院校党建工作的重要组成部分。本文针对高职院校大学生的特点及存在的问题,提出了如何加强高职院校大学生党员的教育和管理的有效措施。     

Do the Rich Save More? Evidence from Canada

This paper provides new evidence on the long‐standing question of whether more affluent households save a larger fraction of their income. The major difficulty in empirically assessing the relationship between incomes and saving rates is to construct a credible proxy for long‐run income—purged of transitory fluctuations and measurement error. The Canadian Family Expenditure Survey provides us with both unusually good data on savings rates and potential predictors with which we can construct reliable long‐run income proxies. Our empirical analysis suggests that the estimated relationship between saving rates and long‐run incomes is sensitive to the predictor used to proxy long‐run income. Nevertheless, our preferred estimates indicate that, except for poorest households (who simply do not save), saving rates do not differ substantially across predicted long‐run income groups.     

浅析我国上市公司审计委员会有效治理的基础因素

我国上市公司设立审计委员会是为了强化上市公司的公司治理作用,但是收效甚微。原因是多方面的,其中最主要的原因是我国上市公司审计委员会设立和履职都过于形式化,没能找到有效治理的方法。本文致力于讨论审计委员会发挥治理作用的相关基础因素,希望通过对有效治理基础的分析,找出一种解决现阶段审计委员会有效治理问题的方法。     

谈《招标投标法》是遏制工程项目腐败现象的有力武器

改革开放以来,我国经济生活和社会生活发生了巨大变化,在计划经济向市场经济转变及社会转型的过程中,腐败现象在一些行业异常活跃。在我国社会主义现代化建设进程中,腐败行为最有可能葬送我国改革开放所取得的一切成果,阻碍经济起飞,延误现代化进程。文章认为,在工程项目建设中,国家出台的《招标投标法》是遏制工程项目腐败现象的有力武器。     

人民币升值预期与贸易差额：2003~2009年

通过选取2003~2009年的时间序列数据,分析我国贸易差额的影响因素,并对我国贸易项下的非法资金流动规模进行估算。研究结果表明,在控制人民币实际汇率变动和国外市场需求变动之后,我国贸易差额与人民币升值预期之间的相关关系非常显著;人民币升值预期导致的非法资金流入和国外市场需求的变动可以解释我国的贸易差额;在剔除贸易项下非法资金流动和国外市场需求的影响之后,我国贸易差额与人民币实际汇率呈现出负相关关系。     

Wages,participation and unemployment in the economic transition of urban China1

Wages, participation and unemployment are major topics for researchers of the labour market. How have these measures evolved in the economic transition of urban China? Have they evolved in accordance with those in the Statistical Yearbook of China (produced by the National Bureau of Statistics, China) and previous studies? We find that the estimated wage level based on Urban Household Survey (UHS) data was higher than that in the Statistical Yearbook in earlier years, but the relationship has reversed since 1999. Our estimated participation rate is lower than that of Giles et al. (2006) but higher than Dong et al. (2007) and Maurer‐Fazio et al. (2007) . The analysis shows that the unemployment rate is lower than that estimated with the China Urban Labor Survey data in Giles et al. (2005) . Our estimation results on unemployment rates turn out to be more similar to those in Dong et al. (2007) but are different from those in Hu and Sheng (2007) . This analysis provides the first systematic comparison of the wage level from different sources, and supplements the existing estimates on participation and unemployment using a more representative dataset for urban China.