亚洲工厂及关联度分析

依据亚洲零部件贸易数据,作者采用了依存比率的方法对亚洲工厂的规模、工厂内部以及同美国之间的相互依存关系进行了研究。研究结果发现,亚洲工厂的规模超过北美洲和欧洲工厂,成为了世界上最大的工厂。亚洲零部件内部贸易额及比重超过了欧盟,这说明亚洲生产的一体化程度更高。从零部件进出口规模角度看,亚洲地区的经济体均高度依赖亚洲工厂的活动,而亚洲工厂对中国的依存度则最高,对日本的依赖程度只排在第三位,这说明中国是亚洲工厂的核心平台。美国在亚洲贸易中的重要性主要体现为中国的最终产品出口对美国市场存在严重依赖,而亚洲主要经济体对中国市场的出口已经超过对美国的出口,亚洲工厂对于美国的依赖程度并不高,远远低于亚洲工厂对中国内地和中国香港的依赖。相反,美国对亚洲工厂的依赖程度则远高于亚洲工厂对美国的依赖。     

Persistence of Output Fluctuations Under Different Exchange Rate Regimes

In a recent paper, Giugale and Korobow (2000) present evidence that suggests that the time required by output to return to trend following a financial shock is faster under a flexible exchange rate regime than under a fixed exchange rate. In this paper, we use vector autoregression models to measure the persistence properties of output for a number of countries in the Asia–Pacific region. Our results suggest that output persistence is not uniquely related to a country's choice of exchange rate regime. The two countries in our sample with the least persistent output following a financial shock are Australia, where the exchange rate is fully flexible, and Hong Kong, where it is rigidly fixed via a currency board.     

Experiences with the Personalized System of Instruction (PSI) to teach elementary accounting

The paper examines the use of Personalized System of Instruction (PSI) to teach elementary accounting at a community college. Key criteria to student success include high motivation, being self-disciplined, and having a good reading ability. PSI provides the student with clearly defined learning objectives and immediate feedback on progress. Disadvantages include a high withdrawal rate and lack of student peer interaction.     

NDRC Attaches Great Importance to National Development and People''''s Life

Issues concerning national development and people's lives are always regarded as the most importance at the People's Congress. At this year's People's Congress, a series of issues, including GDP growth, investment of fixed assets, real estate prices, energy saving and reduction of polluting emission, energy consumption, etc., have attracted extensive attention.     

微波反馈放大器匹配及增益带宽的研究

本文介绍的是小信号微波反馈放大器的分析与综合。放大器是采用通常的增益级的框图,并取并联反馈。文中提供全部网络元件值的估算和预测闭环宽频带增益、带宽和双端口的匹配值。简述匹配值与增益用图解法的权衡。最后描述了综合方法并举例说明设计实例。     

On the value relevance of SFAS No. 158

After considerable discussion and some controversy, Statement of Financial Accounting Standards No. 158 entitled, “Employers’ Accounting for Defined Benefit Pension and Other Postretirement Plans” was implemented in 2006. An important goal of these standards was to enhance financial reporting transparency for defined benefit pension plans (FASB, 2006). This study evaluates how well SFAS No. 158 achieved its objective. In particular, we compare the respective pre and post-SFAS 158 incremental value relevance of the balance sheet and income statement for firms with defined benefit pension plans (DBPP). Results suggest that the value relevance of book value (net income) increased (decreased) for DBPP firms after the implementation of SFAS No. 158.