新风能瞬间理论的研究与讨论

根据惯性运动理论和守恒定律进行科学逻辑推理,探索出来的新风能瞬间理论,其以科学理论为基础,深刻地揭示了自然规律.文章对新风能瞬间理论进了阐述,并对其具体应用作了介绍.     

我国童装出口遭遇的技术性贸易壁垒及应对措施

我国儿童服装在出口市场中屡屡遭遇技术性贸易壁垒,造成了很大的损失。本文主要通过对于儿童服装国内外不同行业技术要求、标准的对比及典型案例的研究和分析,得出了我国儿童服装出口频遭国外技术型贸易壁垒的原因,并针对各种情况提出了全面的技术性贸易壁垒应对措施。     

新风能瞬间理论的研究与讨论

根据惯性运动理论和守恒定律进行科学逻辑推理,探索出来的新风能瞬间理论,其以科学理论为基础,深刻地揭示了自然规律。文章对新风能瞬间理论进了阐述,并对其具体应用作了介绍。     

Country impacts of multilateral oil sanctions

In recent years, economic sanctions have become an important tool in the conduct of U.S. foreign policy. Though usually aimed at a single country, they also can affect the economies of other nations. Knowledge of such impacts would inform U.S. policy-makers as to which other countries might be helped or harmed, and help predict which other nations likely would support or oppose the sanctions. This article presents results relating to the imposition of sanctions in the oil market. These results are obtained from exercising a dynamic computable general equilibrium model built by Charles River Associates under sponsorship of the American Petroleum Institute. The model is used to analyze GDP effects on a number of countries from multilateral oil sanctions against Iraq. The results suggest that it is possible to provide useful information regarding the impacts of sanctions as a foreign policy tool. However, they also indicate that sanctions can be expensive, with substantial spillover effects. Though sanctions may be an appropriate policy choice in given instances, these effects should be incorporated into foreign policy analyses.     

我国矿产资源法研究综述

自2003年启动的<中华人民共和国矿产资源法>的第二次修订仍在进行中.文章对1949年以来我国矿产资源法的研究进行了简要概括,对当前我国矿产资源法的研究热点问题进行了较详细的阐述和分析.     

Japanese labour in the 1990s: stability and stagnation

We review the state of the labour market and employment practicesin Japan over the past 15 years and try to evaluate the natureof the changes that have been occurring. We also look at howgovernment policy has reacted to the conditions in the labourmarket and what implications this has for the future. Althoughthere has been a continual shift of resources away from manufacturingand agriculture into services, employment practices have notbeen changing so rapidly, and job protection is actually stronger.This, along with wage restraint, accounts for why unemploymenthas only increased by some 2.5 percentage points during almosta decade of stagnation. We also note that much government policyhas acted to maintain existing employment practices and thatlabour economists are divided as to whether or not this is agood thing.     

Macroprudential Policies and Housing Prices: A New Database and Empirical Evidence for Central,Eastern, and Southeastern Europe

Several countries in Central, Eastern, and Southeastern Europe used a rich set of prudential instruments during the recent credit and housing boom and bust cycles. We construct a comprehensive database of these policy measures covering 16 countries at a quarterly frequency. We use this database to investigate whether the policy measures had an impact on housing price inflation. The measures that appeared to be effective were capital measures (minimum capital adequacy ratio, maximum ratio of lending to households to share capital) and nonstandard liquidity measures (marginal reserve requirements (MRRs) on foreign funding, MRRs linked to credit growth).     

社会质量理论指导下我国农村扶贫事业发展研究

我国农村扶贫工作进入新阶段,面临新的挑战,发展我国农村扶贫事业势在必行。以社会质量理论为指导,其核心包含社会经济保障、社会团结、社会融合和社会赋权四个维度,借鉴其合理内核,包括：建立健全农村就业和社会保障网络、完善监督评估机制、改变贫困治理方式、以增权理念推进农村扶贫开发工作,以推进我国农村扶贫事业的进程,真正实现贫困人口脱贫致富,人们幸福安康,社会和谐的美好新局面。     

On the Optimal Hedge of a Nontraded Cash Position

In this paper, we focus on the optimal demand for futures contracts by an investor with a logarithmic utility function who attempts to hedge a nontraded cash position. When the analysis is conducted in the “cash-commodity-price” space, we show that the value function associated with the Bernoulli investor program is not additively separable, thus suggesting that this investor hedges against shifts in the opportunity set as represented by the commodity price. By establishing the equivalence between the cash formulation of the problem and the wealth formulation, we are able to analyze the problem in the “wealth-commodity-price” space. In this space, we show the additive separability of the value function when the futures settlement price process is perfectly locally correlated with the commodity price process. The demand for futures in this instance is composed of (a) a mean-variance term and (b) a minimum-variance component that is a classic feature of models with nontraded assets. Since the first-best (nonmyopic) optimum is attained, however, the deviation from a mean-variance demand should not be interpreted as the expression of a nonmyopic behavior but rather as an attempt to restore a first-best optimum. On the other hand, when the correlation between the futures price and the underlying commodity price is imperfect, in general, the value function does not separate additively, the first-best solution cannot be attained, and the optimal futures trading strategy involves a hedging term against shifts in the opportunity set.