Regional wages and market potential in the enlarged EU: an empirical investigation

This article empirically analyses the link between market potential and regional wages in the enlarged EU. We contribute to the existing literature in several ways: (1) we analyse the link between market potential and wages for the EU27 and (2) deconstruct total market potential into several geographical components and analyse their respective contributions to explaining the geographical wage structure. We correct for existing spatial autocorrelation and endogeneity by using an instrumental variable generalized spatial two-stage least squares (IV GS2SLS).     

The impact of international information disclosure requirements on market discipline

Financial regulators are challenged with finding the most efficient and effective ways to monitor banks given an expanding and complex international financial system. Market discipline has grown in importance as a way to discourage banks from taking on unnecessary risk. One of the main drivers of market discipline is information disclosure. While the literature on market discipline is expansive, there are no known studies on the impact of individual information disclosure requirements on market discipline. Our study investigates which specific disclosure requirements influence financial investors to discipline banks and which do not. We find that information disclosure requirements primarily reduce or have no impact on market discipline practices.     

Economic geography and wages in Brazil: Evidence from micro-data

This paper estimates the impact of market and supplier access on wage disparities across Brazilian states, incorporating the control for individual characteristics into the new economic geography methodology. We estimate market and supplier access disaggregated by industry, and we compute access to local, national and international markets separately. We find a strong correlation between market access and wage differentials, even after controlling for individual characteristics, market access level (international, national or local), and using instrumental variables.     

银行业市场结构与货币政策冲击——基于异质性银行的模型分析

通过构造货币政策冲击下的贷款市场总体均衡模型,研究在受到资本充足率和存贷比约束的条件下,银行最优信贷决策行为。分析发现,在垄断竞争的银行业市场结构背景下,银行间在价格竞争方面表现出战略互补特征和由此带来的模仿效应。因而,当银行满足资本充足率和存贷比要求时,银行业传导的货币政策信贷渠道是有效的,而当贷款市场中的银行不能满足资本充足率或存贷比要求时,信贷渠道则表现出无效性。     

我国不良资产处置问题的法学分析——基于法律文本与经济法视角

不良资产的处置事关金融、经济乃至政治秩序的稳定。基于法律文本的考察,不良资产处置的规范性文件呈现出立法位阶低、效力不强等特征。政府对不良资产的处置体现了政府的干预,从经济法的视角看,它体现出一种激进的、强制的制度变迁特色,并带有路径选择的特征。从经济法的视角看,对不良资产处理问题的克服应从遵循市场规则、依法监管、完善责任制度。     

商业银行品牌定位的市场效应与策略研究

随着金融自由化、全球化步伐的不断加快,品牌已成为商业银行最具价值的一项无形资产,是衡量其核心竞争力的一个重要标准。品牌的特质主要从其属性、利益、价值、个性、使用者与文化等方面体现出来。商业银行品牌定位具有磁场效应、集聚效应、扩散效应与保护效应。商业银行可从市场定位、客户定位、类别定位、情感定位、服务定位与文化定位等方面制定相应的品牌定位策略。     

现代农业与中国农业发展取向

从技术经济角度看,现代农业是以现代生物技术为核心、应用多领域高新技术生产多类别产品、拥有多种功能的新型农业形态。中国农业现代化建设应特别重视以下问题：全力推进近自然农业的快速发展,构建多级化、关联化的农业产业结构,强化农业基础设施及技术装备建设,大范围推广循环农业,建立具有显著特色的农业块状经济,优化农业生产技术与农业组织方式,加速农业的人本化、社会福利化进程。     

丹霞地貌开发对承德旅游空间结构、形象影响研究

目前承德旅游空间结构各要素均出现大小不同问题,缺乏鲜明的、独特的、有影响力的整体旅游形象。丹霞地貌旅游资源的开发、保护以及地质公园的建立,使资源重整和优化,同时也使承德自然遗产和文化遗产双重产地的"皇家休闲别院"形象更加彰显。     

福建省“十二五”期间改革发展若干问题研究

福建省在“十二五”期间应该进一步深化国有资产管理和国企改革的步伐,通过有效的改革发展壮大国有经济。应采取措施尽快促进大流通、大市场格局的形成,以完善市场体系建设。应加大对民营企业的政策扶持力度,帮助民营企业解决融资难问题,使其对福建经济的发展起更大作用。应在总结以往林权改革经验的基础上,进一步深化集体林权改革。     

Which subfield to enter first?: The role of a firm's pre-entry experiences

In this study, we draw from the organizational experience and market entry literature and investigate if a firm's pre-entry experiences predict which subfield to enter first. We employ a unique data set from the biotechnology industry where two distinct subfields emerged around the same time due to a revolutionary discovery. Among the firms that entered one of the two emerging subfields, we examine the relationship between pre-entry experiences and which subfield a firm enters. Our key finding is that general experience rather than specialized experience increases the likelihood of a firm entering first the subfield with higher level of uncertainty as opposed to the subfield with lower level of uncertainty.