企业家个人社会资本与企业组织社会资本关系分析

企业社会资本基于不同的社会网络类型可以分为企业家个人社会资本与企业组织社会资本,两者既相互依存又存在矛盾。本文在分析两者内在关系的基础上,对如何协调两者关系提出建议。     

International Financial Cooperation and the Number of Adherents: The Basel Committee and Capital Regulation

Theoretical analyses of international cooperation point to cooperation being optimized with a small number of participants. History is consistent with this view. However an anomaly is the international capital standards created by the Basel Committee on Banking Supervision (BCBS). Basel I has over 100 adherents, and approximately that number of countries have been identified in a survey as candidates for Basel II. The author demonstrates that this is not an anomaly. First, Basel I was a product of a duopoly and then an oligopoly prior to approval by the BCBS. Secondly, self-interest and other factors explain why more than 100 countries have agreed to accept these standards. JEL Classification Numbers: E58, F33, G15, G28     

Devaluation, Capital Formation, and the Current Account

This paper re-examines the effects of devaluation and a rise in the rate of devaluation on capital formation and the current account in an optimizing monetary model of a small open economy with endogenous labor, investment with adjustment costs, and perfect capital mobility. It is shown that devaluation leads to capital accumulation and a current-account deficit in the long run and during the adjustment process, whereas a rise in the rate of devaluation has an ambiguous impact on capital formation and the current account depending on the relationship between consumption and real balances in the utility function. If consumption and real balances are separable or complements, then a rise in the rate of devaluation produces capital decumulation and a current-account surplus in the long run as well as on the transition path. These results stand in sharp contrast with Calvo (1981). JEL Classification Numbers: F41     

当前我国城乡人力资本形成差异的原因、影响及对策

当前我国城乡人力资本形成差异是在城乡经济发展不平衡规律的作用下,传统城乡分治的制度性因素主导作用的结果。这种状况对我国人力资本存量的增长、城乡经济发展差距缩小和人力资本市场化形成机制都极其不利,因此有必要从制度角度对其进行有效地遏止。     

重塑二元金融结构下的农村金融

中国目前的金融结构具有明显的二元性。二元金融结构对中国农村发展产生严重的负面影响。要从根本上解决中国“三农”问题,必须重塑二元金融结构下的农村金融,充分发挥农村金融的“资金催化剂”作用。     

新《公司法》对我国风险投资企业资本制度的影响

风险投资机制在我国还属于新生事物,其各项制度建设还有待于进一步研究,本文仅对其中一个很重要的组成部分———风险投资企业资本制度进行探讨。结合最近修订的《公司法》有关精神,笔者认为新《公司法》在风险投资企业的出资方式、利润分配、资本规模、资本退出机制等方面的创新设置,将大大促进我国风险投资企业的发展。     

私人股权投资在中国的现状、问题和选择

我国私人股权投资所面临的主要问题是私人股权市场主体缺位严重,尚未建立有效的运作机制,投资管理的理念,工具和手段落后,以及退出渠道不畅。本文提出加强政策引导,促进社会资本进入、建立有限合伙制度、强化金融创新和积极培育多层次资本市场等政策建议。     

Robust Monetary Framework for China

I. Introduction China has made tremendous gains in terms of economic growth in the last 15 years, by inviting foreign direct investment and increasing manufacturing production and exports. The currency unification (devaluation of the official rate and unification of the official and market rates) in 1994 also contributed to the efficiency in the monetary and foreign exchange systems. China was not severely affected by the Asian currency crisis of 1997–1998, and instead China helped the regio…     

不同生计模式下六盘山区易地扶贫搬迁移民生计资本耦合协调研究——以甘肃省古浪县为例

[目的]探究易地扶贫搬迁移民的生计耦合协调有助于全面了解移民的生计问题,对提高移民可持续生计能力及后续发展提供参考。[方法]文章以甘肃省古浪县易地扶贫搬迁家庭为研究对象,通过2019—2021年实地访谈和问卷调查等方法对移民家庭的生计状况进行调查,选取测度指标并计算各类移民的生计资本值,根据移民收入来源对生计模式进行分类,运用耦合协调度模型分析各生计模式下移民5项生计资本间的关系。[结果]（1）生计资本内部耦合水平总体较低,处于低度耦合和失调衰退等级;（2）非农型的生计资本耦合度和协调度最高,分别为0.299和0.230,是最为接近中度耦合和过渡协调阶段的生计模式;（3）两类兼业户的次之,处在（0.15,0.3）的区间内,属于低度耦合和衰退协调的中高级阶段;（4）纯农户的较低,为0.172和0.223,处于低度耦合和协调衰退的中阶段;（5）补贴户的最低,耦合度、协调度均在（0,1）的区间,处在低度弱耦合和恶性失调等级。[结论]古浪县不同生计模式下易地扶贫搬迁移民的生计资本存量和差距,导致其耦合协调性较差、差异较大。     

促进就业的另一种渠道--一个基于FDI资本效应与技术效应的分析框架

外商直接投资和就业之间存在着密切的关系,外商直接投资的增加能够带动就业的增长,但是由于外商直接投资是技术和资金的复合体,其对就业的促进机制是各不相同的.本文具体分析外商直接投资的资本效应与技术效应对就业的不同作用机制,同时提出相应的政策措施,以期对我国就业问题的解决有所贡献.