金融结构对产业结构影响的时变特征研究——基于SUR和TVPSS模型的实证检验

金融结构与产业结构的关系一直是学术界的研究热点.文章利用中国1998—2017年的年度数据,构建似不相关回归模型从金融结构规模、效率及深化的角度分析金融结构对产业结构合理化和高级化的影响,建立时变参数状态空间模型描绘了金融结构对产业结构合理化和高级化的动态冲击.实证分析结果表明:金融结构规模提高产业结构合理化水平,促进了产业结构高级化;金融结构效率提高产业结构合理化水平,抑制了产业结构高级化;金融结构深化降低产业结构合理化水平,促进了产业结构高级化.金融结构规模、金融结构效率及金融结构深化对产业结构合理化和高级化的冲击均呈现出时变特征;金融结构对产业结构合理化的影响滞后于其对产业结构高级化的影响.金融结构对产业结构的冲击波幅呈现出前期波动大、后期较为平缓的状态,部分金融结构变量对产业结构的动态冲击呈现出"长尾"现象.当前的中国金融结构已经不适合当前的产业结构,需调整金融结构,以提升产业结构合理化水平和高级化水平.     

Giving (Money) Back To Parents: Racial/Ethnic and Immigrant–Native Variation in Monetary Exchanges During the Transition to Adulthood

Scholars consistently find that parents provide economic support to their young adult children through the transition to adulthood. However, scholars rarely examine whether young adults contribute monetary resources to their parents. To test this proposition, I use the National Longitudinal Study of Adolescent to Adult Health, and the case of “money for living expenses.” Overall, monetary independence is the modal category for all groups. However, when I compare across groups, I find that White young adults with native-born parentage are more likely to report monetary independence, African Americans are more likely to report monetary interdependence and Asian and Latino children of immigrants are more likely to report child-to-parent assistance compared to each other, with SES explaining most, but not all, of these differences. I argue that young adult offspring in non-White families are more likely to provide monetary support to their parents during the transition to adulthood. These transfers may deplete resources for non-White young adults and may exacerbate racial/ethnic inequality during the transition to adulthood.     

中等职业教育财政投入现状分析与对策研究——以河北省为例

文章通过发放调查问卷，归纳、整理“十二五”期间的财务会计报表对河北省中等职业教育财政投入状况进行了分析，揭示了存在的主要问题，提出了改进中等职业教育财政投入机制的对策和建议。     

The Great Recession of 2007: An Agenda for Social Justice

The Great Recession, the most severe economic crisis since the Great Depression, officially began in December 2007 with an 8 trillion dollar housing bubble and lasted until June 2009, resulting in loss in consumer spending and collapse in the nation’s business investment. For American workers, the Great Recession had far-reaching implications: unemployment, underemployment, pay cuts, and cutbacks in household spending. Although social work has a historical commitment to address the vulnerabilities of people and communities, we argue that the profession neglected to understand fully the factors associated with the Great Recession and to mount an agenda for justice in response to its worker-related impact.     

Cross-validation of the screening scale in an adult protective services sample

Adult Protective Services (APS) professionals are often called on to assess decision-making capacity when investigating financial exploitation. Previous research found that in consecutive APS cases, a decision-making screening scale (LFDSS) also detected financial exploitation. The purpose of this study was to apply the clinical cutoff scores derived from the previous study to a new sample of APS cases. Using a sample of 105 participants, from APS workers across 5 counties this study investigated the clinical utility of the LFDSS to detect financial exploitation based on ratings by APS professionals using the scale. Results demonstrate that the LFDSS has excellent internal consistency and clinical utility properties. This paper provides support for use of the LFDSS as a reliable and valid instrument. Instructions for use of the LFDSS are included in the article, along with information about online support tools.     

基于信息披露文本的上市公司财务困境预测:以中文年报管理层讨论与分析为样本的研究

本文采用文本分析方法研究了中文年报管理层讨论与分析传递的管理层语调能否提供财务困境预测的增量信息、能否提高预测的准确性以及文本内容的信息价值，主要结论为：（1）管理层语调确实为财务困境预测提供了新的信息，能提高财务困境模型的拟合程度和预测能力；（2）管理层语调是对定量财务数据的重要补充，而且这些信息并没有在市场交易价格中得到充分反映；（3）负面语调比净语调具有更高的信息价值；（4）财经文本情感或语调的分析应以基于相关来源财经文本的情感词词典为基础，而直接引入其他领域成熟词典的效果较差。     

关于企业会计准则改革的若干思考

文章首先回顾了从我国计划经济时期的行业会计制度、改革开放初期引进外资背景下的企业会计制度到1993年企业会计准则体系确立的历史进程。在此基础上,系统总结了企业会计准则在改革发展过程中的主要特征,即与国际会计准则逐渐趋同、母公司报表和合并报表同时披露、以历史成本为主兼顾公允价值。经过20多年的发展,中国逐步建立了符合市场经济要求的、与国际规则趋同的、较为完备的企业会计准则体系,使得相关领域工作者的会计思维实现了从计划经济向市场经济的转变。但现行会计准则还存在一些问题,例如未处理好会计准则制定与会计目标之间关系、部分准则产生了不利的经济后果、未很好地建立会计信息分析方法体系等等。基于上述问题,提出了相应的对策建议。研究结论对中国会计准则改革和会计信息服务实体经济具有积极的启示作用。     

中国智能经济的涌现机制

我国智能经济的发展内生于经济转型升级过程中创造的智能化需求。与AI 1.0不同，新一代人工智能(AI 2.0)不再是简单用计算机模拟人的智能，而是基于网络空间发展的数据智能，即智能机器、人和网络相互融合的智能系统。智能经济是以数据和计算为“关键生产要素”的新经济形态，包括人工智能的产业化和产业的智能化过程中创造的新产品、新技术、新模式和新业态。互联网，尤其是移动互联网发展中创造出的数据生态优势是中国人工智能科技产业发展的前提和基础。在拥有数据生态优势的条件下，强烈的需求牵引、产学研协同创新、创新生态系统的高度开放性和核心产业部门与融合产业部门的融合发展，共同构成了中国智能经济发展的关键机制。     

亲子幼教网创业生态系统动态演化的案例研究——机会识别与利用适配视角

2015年，随着中央“大众创业万众创新”号召的提出，高科技创业再度成为国内各界所共同关注的重要课题。创业的实质是识别与利用创业机会，其成功与否将取决于团队、政府、高校和投资机构等内外部组织间紧密合作的生态系统。以典型性高科技创业的亲子幼教网创始人3次创业过程为案例研究对象，基于机会识别和利用的适配性视角，深入探讨亲子幼教网创业生态系统动态演化的过程机理。通过对案例的研究发现，亲子幼教网创业者3次创业生态系统经历了资本主导型创业、市场主导型创业和创业者主导型创业3个阶段；每个阶段创业者对创业机会的识别与利用方式具有不同的特征；以典型性高科技创业的亲子幼教网创业生态系统中，创业机会识别与利用的不断适配推动创业生态系统的动态演化，而创业者的机会观是推动创业生态系统发展的关键因素。     

Identifying Systemically Important Banks: A temporal approach for macroprudential policies

Contrary to the general belief, systemic risk does not only regard the risk posed by balance sheet relationships and interdependencies among institutions. It also features a temporal dimension related to the inappropriate responses of financial market participants to changes in risk over time. This paper proposes a method to simultaneously address the cross-sectional and the time dimension in which systemic risk materializes. The method is based on the TOPHITS algorithm. It provides three scores, namely borrowing, lending and time scores: the first two represent the systemic importance of the borrowing and the lending activity associated with each financial institution,while the third represents an empirical Early Warning Signal of the financial crisis. Our findings reveal that the identification of the time score as an indicator for an incoming market distress could be relevant to design macro prudential policies.