本轮通货膨胀的成因及对策

文中对中国目前通货膨胀的形成原因进行了分析,认为本轮通货膨胀的类型是成本推动型,提出了要谨防由结构性通货膨胀演变为全面通货膨胀,并从货币政策和财税政策两个方面分析如何应对本轮通货膨胀。     

Transport impacts of government employment decentralization in an Australian city – Testing scenarios using transport simulation

Australia's largest cities are more mono-centric than most US cities and may be over-centralising, particularly in terms of office employment. Government worker relocation programs are being employed with policy debate over what should be an ideal urban structure including in terms of travel behaviour. The paper explores research approaches to explore transport impacts of employment decentralization. A review shows the results of: surveys of workers moved to suburban locations; longitudinal analyses of transport and land use changes in city-regions using cross-sectional census or HTS data; comparative analysis of urban structure variables across cities using similar datasets; combinations of longitudinal and comparative research; and, scenario-based modelling approaches. A modelling framework is then developed to appraise the possible transport impacts of decentralization in Brisbane. To test the possibilities further, two decentralization scenarios modelled and compared. Decentralization mostly to middle-suburban locations better addresses jobs-housing balance and maximises proposed new public transport services, producing good transport outcomes. However, decentralization to outer-suburban locations in Brisbane exacerbates the propensity for decentralization to increase travel distances, especially by car.     

基于区块链技术的供应链管理体系构建

针对现存供应链管理中存在的问题,结合区块链技术去中心化、可验证性、安全开放性等特点,提出了在供应链管理过程中通过引入区块链技术,设计了基于区块链的供应链管理体系架构和运作流程,采用去中心化的供应链管理模式,让更多的供应链节点企业参与进来,提高供应链各环节信息的透明度,重塑信用机制,建立互信共赢的供应链管理体系。     

财政支农研究一个文献综述

文中利用现有的中外财政支农文献,梳理出了财政支农原因、规模、结构和绩效的研究成果。总结了前人研究的两个共同点,同时也指出未来研究的两个方向。     

互通式立交桥的设计要点

本文对互通式立交桥设计阶段进行分析,明确适合的技术指标,匝道设计、平曲线半径、纵坡大小、超高的设计合理与否,都决定线型好坏。     

论公共财政体制的改革——基于基本公共服务均等化的思考

实现基本公共服务均等化是缓解社会矛盾和解决民生问题的现实需要,是构建社会主义和谐社会的必然要求,更是市场经济条件下公共服务型政府的首要职责但是由于目前存在着一些认识误区,公共财政体制领域的改革成效不大,仍然存在着政府间财政的严重失衡问题,致使整个社会的基本公共服务均等化程度不高．因此,这就客观要求我们摆脱现有的认识误区,以实现基本公共服务均等化为目标,继续改革和完善公共财政体制。     

The effectiveness of fiscal and monetary policy responses to twin crises

We study how effective fiscal and monetary policy responses are during a twin crisis. Using the dataset provided by Laeven and Valencia (2008 Laeven, L and Valencia, F. (2008) Systemic banking crises: a new database. IMF Working Paper No. 08/224 [Google Scholar]), we identify 57 episodes of twin crises. Following the methods proposed in Baldacci et al. (2009 Baldacci, E. 2009. Gupta, S. and Mulas-Granados, C., How effective is fiscal policy response in systemic banking crises?, IMF Working Paper No. 09/160 [Google Scholar]) and Hutchison et al. (2010 Hutchison, M. 2010. Noy, I. and Wang, L., Fiscal and monetary policies and the cost of sudden stops, Journal of International Money and Finance, 29, 973–87 [Google Scholar]), we construct the variables measuring the duration and output cost of a twin crisis. We find that fiscal policy does not seem to be associated with the shortening of a twin crisis. Regarding monetary policy, we find that monetary tightening is associated with the lengthening of a twin crisis duration, consistent with the result in Hutchison et al. (2010 Hutchison, M. 2010. Noy, I. and Wang, L., Fiscal and monetary policies and the cost of sudden stops, Journal of International Money and Finance, 29, 973–87 [Google Scholar]) dealing with a sudden stop crisis. In addition, our results show that while a mild monetary expansion is effective in reducing a twin crisis duration, over-expansionary monetary policy loses its effectiveness.     

Periodograms on fiscal illusion: discussing the cycle lengths of public finances in European countries

In this article, we study the duration of public finance cycles in 12 European countries since 1960. We applied periodogram techniques on the levels of fiscal illusion found for these established democracies and tested the statistical significance of the Fourier frequency peaks. Our empirical efforts revealed that most of the cycles in these countries could be characterized as long-term cycles (approximately 30 years), embodying subcycles of approximately 15 years. These findings show that in addition to the commonly studied electoral cycles or real business cycles, our democracies demonstrate extended public finance cycles that extend over various legislative tenures ruled by different political parties.     

A rejoinder

Abstract

This paper reflects on the influence of Vilfredo Pareto's letters on Ricardian equivalence and fiscal theory to Benvenuto Griziotti and Guido Sensini. The letters are important for emphasizing the need for fiscal studies to consider equilibrium, particularly social equilibrium, at a time when Italian fiscal sociology was in its formative stage. Griziotti came to accept fiscal sociology, albeit in an eclectic form that focused directly on political and legislative matters rather than social equilibrium. In contrast, Sensini progressively developed a framework for fiscal theory that focused primarily on the fundamental relationship between fiscal phenomena and social equilibrium.