投资者情绪生成机理的研究

基于标准金融理论与行为金融理论相结合的思想，力图刻画投资者情绪的生成机理。以引起投资者情绪变化的货币环境、市场收益、市场波动、相关资产收益等因素为起点，引入市场投资价值、市场预期两个中间变量，建立了包含直接和间接影响两类路径的投资者情绪生成概念模型。使用中国股市2014年7月1日至2017年3月31日间的667组日度数据，在VAR建模的基础上开展实证研究。实证结果表明市场收益对投资者情绪具有直接的正向影响，市场波动和相关资产收益两因素基于市场预期中介变量间接负向作用于投资者情绪，而修正后引入的经济周期波动变量可以基于市场投资价值中介变量对投资者情绪产生正向影响，并进一步发现了市场收益、市场投资价值与投资者情绪之间存在正反馈强化过程。研究揭示出了投资者情绪生成的影响因素体系及其实现路径，将该领域研究深入到机理分析层面，并从一个侧面佐证了中国股市过度投机行为的存在。     

为什么历史上经营式农业不发展：以无锡为案例

本文基于第一、二次对"无锡、保定农村调查"的资料,分析说明了无锡农村经营式农业的日渐式微,并从出租农地与雇工经营的收益方程、较高工商业发展水平导致的机会成本增加,以及家庭小农场的竞争三个方面分析了经营式农业不发展的原因.我们认为,主要是当地较高但又不足够高的工商业发展水平导致了经营式农业难以发展.较高的工商业发展水平意味着发展经营式农业的高运营成本和高机会成本.不足够高又使得非农产业的需求与人数众多的农业过剩劳动力不相匹配,从而造成了家庭小农场和经营式农场之间的激烈对抗.我们也认为,中国未来的农业农村现代化道路可能会依然呈现出复杂性和特殊性,家庭小农场扮演的角色可能仍然不容忽视.     

Factors associated with a positive childbirth experience in Brazilian women: A cross-sectional study

BackgroundHaving a positive childbirth experience is an increasingly valued outcome. Few studies evaluated the women’s satisfaction with childbirth through face-to-face interviews out of the health service environment. The objective of this study was to identify factors associated with a higher level of satisfaction with the childbirth experience among Brazilian women.MethodsThis cross-sectional study involved 287 women giving birth in two hospitals in southern Brazil. Women who gave birth to healthy newborns at term were randomly selected. Face-to-face interviews were conducted 31–37 days after delivery, at the mothers’ homes, using a structured questionnaire. Satisfaction with the childbirth experience was measured using a Likert-type scale ranging from very satisfied to very dissatisfied. Prevalence ratios (PR) were estimated using Poisson regression with robust variance.ResultsFollowing hierarchical multivariate analysis, the following factors remained associated with a higher level of satisfaction with the childbirth experience: being satisfied with antenatal care (PR = 1.30; 95% confidence interval [95%CI] = 1.06−1.59), understanding the information provided by health professionals during labor and delivery (PR = 1.40; 95%CI = 1.01−1.95), not having reported disrespect and abuse (PR = 1.53; 95%CI = 1.01−2.31), and having had the baby put to the breast within the first hour of life (PR = 1.63; 95%CI = 1.26−2.11). No association was observed with type of delivery or hospital status (public or private).ConclusionsA higher level of satisfaction with the childbirth experience is related to satisfactory antenatal care, a non-abusive, respectful, and informative environment during childbirth, and to the opportunity to breastfeed the baby within the first hour of life. In clinical practice, greater attention to these basic principles of care during pregnancy and delivery could provide more positive experiences during birth.     

外部视觉情绪设计对多媒体学习的影响

以高中生为被试对象，以大陆漂移论为素材，研究外部视觉情绪设计对多媒体学习的影响。结果表明，接受情绪设计组(实验组)的积极情绪显著高于中性组(对照组)；实验组与对照组内在认知负荷、相关认知负荷均无显著差异，外在认知负荷小于对照组；实验组保持测验成绩显著高于对照组，迁移测验成绩无差异。同时，外部视觉情绪设计能显著提高多媒体学习效果。外部视觉情绪设计的实验设计突破了已有研究300s学习素材的诱发时间，拓展了多媒体学习情绪设计的内涵。     

Developing and testing a mobile application for breastfeeding support: The Milky Way application

BackgroundSupporting women to continue breastfeeding is a global challenge. The Milky Way Program is an effective face to face intervention to increase breastfeeding rates up to six months postpartum. The sustainability and access to the Milky Way Program could be enhanced by transforming it into a mobile application allowing women to access relevant information from their own place at a convenient time.AimTo explore the process of transforming the Milky Way Program into an acceptable and usable mobile health application.MethodStakeholders including multidisciplinary researchers and end-users designed the application based on the Milky Way Program by using Persuasive System Design principles. A mixed-method approach was used in the development and evaluation process. Seven women were recruited through convenience sampling to pilot test the application. The women’s feedback was collected through an online survey six weeks after birth and individual interviews at four months postpartum.FindingsWomen in the pilot study reported that the breastfeeding application was well designed, easy to use, interactive, reassuring and evidence-based with credible sources of information.ConclusionThe Persuasive System Design model combined with end-user engagement can feasibly inform the development of an acceptable and usable mobile health application for breastfeeding based on a proven clinical intervention. Further rigorous testing is required to evaluate the effectiveness of the application on breastfeeding initiation and duration.     

Tests for homogeneity of risk differences in stratified design with correlated bilateral data

ABSTRACT

Correlated bilateral data arise from stratified studies involving paired body organs in a subject. When it is desirable to conduct inference on the scale of risk difference, one needs first to assess the assumption of homogeneity in risk differences across strata. For testing homogeneity of risk differences, we herein propose eight methods derived respectively from weighted-least-squares (WLS), the Mantel-Haenszel (MH) estimator, the WLS method in combination with inverse hyperbolic tangent transformation, and the test statistics based on their log-transformation, the modified Score test statistic and Likelihood ratio test statistic. Simulation results showed that four of the tests perform well in general, with the tests based on the WLS method and inverse hyperbolic tangent transformation always performing satisfactorily even under small sample size designs. The methods are illustrated with a dataset.     

Design selection for strong orthogonal arrays

Strong orthogonal arrays (SOAs) were recently introduced and studied as a class of space‐filling designs for computer experiments. An important problem that has not been addressed in the literature is that of design selection for such arrays. In this article, we conduct a systematic investigation into this problem, and we focus on the most useful SOA(n,m,4,2 + )s and SOA(n,m,4,2)s. This article first addresses the problem of design selection for SOAs of strength 2+ by examining their three‐dimensional projections. Both theoretical and computational results are presented. When SOAs of strength 2+ do not exist, we formulate a general framework for the selection of SOAs of strength 2 by looking at their two‐dimensional projections. The approach is fruitful, as it is applicable when SOAs of strength 2+ do not exist and it gives rise to them when they do. The Canadian Journal of Statistics 47: 302–314; 2019 © 2019 Statistical Society of Canada     

客户集中度、市场环境与存货管理效率

客户处在供应链的下游,对企业存货的采购、生产和销售都会产生重要影响,而多变的市场环境也在无形当中影响着客户与企业之间的关系。从企业所处行业、地区产品市场和客户三个角度所带来的市场环境变化入手,采用2011—2017年我国沪深两市A股制造业上市公司的数据,实证分析客户集中度与企业存货管理效率之间的关系。研究发现:(1)客户集中度越高,企业存货管理效率越高；(2)产品市场竞争力度越强,客户集中度对企业存货管理效率的影响越大；(3)产品市场发育越好,客户集中度对企业存货管理效率的影响越大。进一步研究发现,当企业因客户生产经营原因导致需求发生较大变化时,客户集中度对企业存货管理效率的正向影响更加显著。研究结论表明,政府应当注重市场竞争力的提升和良好经营环境的建设,使得企业在维护客户关系的同时充分发挥客户集中度对企业存货管理效率的积极作用。     

行政耦合、新型关系网络及其于乡村治理的作用机制研究

作为中国特色的政府治理策略定制，“行政耦合”是指政府或政府行为通过一系列途径实现与乡村社会权力结构的有效融合，从而实现政府有效治理的政策工具。这种工具在乡村治理中表现出运作主体多元化、服务导向、协同合作的运作特征。本文以贵州省新民镇的“四在农家，美丽乡村”建设作为案例样本，分析基层政府“行政耦合”所形成的新型耦合式关系网络对乡村治理的作用机制。这种新型耦合式关系网络是政府体制吸纳与乡村社会政治参与的均衡演进的结果，二者的交互作用促进和强化乡村治理目标的实现，展现了其各自的价值。在乡村振兴战略背景下，对其在乡村治理实践中“沁润式”发展所产生的深层矛盾和风险进行反思，以期为乡村治理提供理论指引和实践参考。     

村庄非农化、社会资本与农民家庭收入

聚焦于社会资本影响农民收入的微观和宏观机制，利用中国家庭动态追踪调查数据构建“家庭—村庄”两个层次的交互模型，考察了不同生产情景下社会资本效用的差异性以及村庄非农化过程对其产生的影响。研究表明：在微观层面，家庭社会网络规模的扩张能够同时提高农业收入和非农收入，而社会网络结构异质性的提高只有利于非农收入的增长；并且随着村庄非农化程度的提高，社会网络的效应对于农业收入逐步减弱，而对于非农收入的影响则逐步增强。在宏观层面，村庄社会融合程度的提高仅有利于农民农业收入的增长，但随着非农化进程的推进，村庄集体社会资本在农业生产中所凸显的优势将会逐渐削弱。这预示着，中国农村非农经济的迅猛发展正逐步改变乡村社会资本的经济意涵。