资产链中的股票可交易过程模型研究

资产链是指在金融创新的推动下,金融资产形态及其价值不断演变和深化而构成的逻辑路径.基于资产链的思想,股票的可交易过程不仅包括可流动过程,还包括可波动过程,时变流动性条件下的可流动过程模型显示可流动价值是股票换手率的函数,其表现与资金的时间价值类似,内在价值不变前提下的可波动过程模型则将可波动价值表示为美式期权,受股票的预期波动率、持有成本和投资者对波动性期权的心理预期时间的共同影响,但与股票的初始价格无关.     

城乡收入差距的拉大真的抑制了消费吗？

以平均消费倾向构建的总消费模型为基础,探讨了城乡收入差距对消费需求的影响。分析表明,20世纪90年代中期以来城乡收入差距的拉大对消费需求的影响具有阶段性：1998年之前收入差距的拉大促进消费;1999-2002年期间抑制和促进关系交替出现;而2003以后收入差距的拉大抑制了消费。除此之外,城乡收入差距对消费需求的影响程度在整体上具有逐渐弱化的趋势,但当前的抑制作用具有一定的增长趋势。     

Receive or give? Contemporary views among middle-aged and older Chinese adults on filial piety and well-being in Hong Kong

This qualitative study aimed to examine the contemporary interpretation of filial piety by middle-aged and older Chinese adults in Hong Kong, and to explore its relationship with well-being in later life through focus groups. Data analysis revealed that all participants subscribed to the traditional value of filial piety, but had willingly reduced their filial expectations of their younger generation. Importantly, well-being in later life was found to be affected by both the younger generation’s filial commitments and older parents’ continued support of their younger generation so that the latter could lead a better life.     

移动电子商务下交易成本影响消费者感知价值的实证研究

在分析了移动电子商务下交易成本的主要构成后,论文提出了搜寻成本、评价成本、支付成本、风险成本对消费者感知价值影响的假设,构建了移动电子商务下交易成本对消费者感知价值影响的假设模型,采用结构方程模型方法利用样本数据对假设模型进行了拟合检验。研究结果表明,风险成本、支付成本、评价成本是移动电子商务下消费者网上购买商品的主要成本,均与消费者感知价值显著负相关,其中,风险成本与消费者感知价值相关程度最高,而搜寻成本对消费者感知价值的影响并不显著。此外,购物者的风险态度与其风险成本、评价成本显著正相关,通过对评价成本、风险成本的作用间接影响消费者感知价值。最后,依据研究结果,论文提出了促进我国移动电子商务发展的建议。     

高校生均成本地区差异对产出效益的影响分析

以地区差异性为视角,通过测算高校生均成本,建立评价高校产出效益的影响模型,运用相关数据进行实证计量分析,研究高校生均成本地区差异对产出效益的影响,为区域教育资源合理分布、配置和高校控制办学成本、提高产出效益提出建议.     

Yellow bodies,black sweat: Yao Ming,Ichiro Suzuki,and global sport

This article focuses on the relationship between Asian and Black athletes, global multiculturalism, and sport internationalism. Ichiro Suzuki and Yao Ming represent in clear ways the figuration of the Asian male body as both cultural phenomena and transnational commodity. This article describes the marked turn from the Asian male body as an unattractive representative for marketing commodity exchanges to an imported spectacle reproducing National Basketball Association and Major League Baseball transnational capital. However, it does not simply offer a conventional study of the political economy involved in the global expansion of popular sports. Rather, it attempts to illustrate how Asian men in US sports presuppose and indeed attempt to produce Asian masculinity through inverting the bodily emasculation of Asian American men. Throughout this article, I detail the ways in which popular sports has been racialized as a “Black” space of colonial fantasy and fears, and how Asian male athletes break down the fixity of this raciological thinking. The Black male body came to dominate celebrity and hero worship, an identificatory process that Norman Mailer once coined as “the white negro” or to use a famous slogan from a popular sports drink: Everyone wants to “Be Like Mike.” This article describes the ‘fetishization” of the Black male body and how representations of Ichiro and Yao subvert the fixity of Afro-Asian racial hierarchy.     

ETHNIC IDENTITIES AND CULTURAL CAPITAL: AN ETHNOGRAPHY OF CHINESE OPERA IN SINGAPORE

This article weaves the trajectory of Chinese opera in Singapore with the country's political development. Starting in 1965, the year of Singapore's independence, it attempts to debunk the myth that national culture is resistant to global culture by describing the state's systematic erosion of local culture. From the late 1970s onward, with economic progress, state fears of “Westernisation” led to a centring of Chinese culture in national culture; this was followed by a mini-revival of Chinese opera that coincided with the emergence of Confucian ethics as national discourse and as a culturalist explanation for the “Asian miracle” of the 1980s. This article shows that globalisation's effect on local cultures is not a straightforward process. Instead, it is a complex relationship where the flourishing of a local culture depends on the changing recognition and valuation of cultural identities, ethnicity, and language as cultural capital. This in turn implicates the structural features of national policies and globalisation processes that determine the recognition and valuation of this cultural capital. The use of “cultural capital” as a conceptual tool to isolate the cultural and social components of Chinese opera demonstrates that a local culture flourishes or withers according to the effects of globalisation and national policies on such cultural and social factors.     

Psychosocial Well-Being of the Elderly and Their Perception of Matured Estate in Singapore

This article explores various relationships between the elderly's psychosocial well-being and components of aging-friendly community (continuity, compensation, connection, challenge, and contribution), in order to understand their perception of a matured estate and to discuss implications in housing neighborhood urban design. Interviews with elderly residents living in Bukit Merah (Redhill), one of the matured housing estates in Singapore with a high percentage of elderly residents, were conducted to understand how eldercare infrastructure and social spaces developed within the fabric of a high-rise, high-density public housing estate can support or inhibit their psychosocial well-being, as indicated by the Geriatric Depression Scale (GDS). Our results postulate that different groups of elderly form friendships and participate in activities in both formal social service centers and informal public spaces. The friendships formed in these places and the convenience of amenities around their houses may affect their perception of their current residences. While the elderly residents are generally satisfied with physical infrastructure, a comprehensive, integrated urban design is further needed to facilitate physical activities, social interactions, and active aging in the elderly in order to enhance their psychosocial well-being.     

超主权国际货币运行的实证研究——模拟估值、汇率体系与绩效检验

2008年的国际金融危机暴露出当前国际货币体系的严重缺陷,关于超主权国际货币的讨论成为学术界的热点。超主权国际货币以美元、欧元、日元、英镑和人民币等五种货币为基础,每种货币的权重取决其所属经济体的国内生产总值、国际储备和对外贸易总额,并采用加权平均计算的方法构建。通过对2006—2010年间超主权国际货币的模拟运算及计量分析表明,超主权国际货币体系具有以下三点优势:(1),相对于以美元为核心的国际货币体系,超主权国际货币体系具有更稳定的汇率体系,即各种主要货币对世元汇率的变异系数与汇率偏离度更小;(2),在超主权国际货币体系下,外汇衍生品的交易量会下降,从而导致因外汇交易所付出的佣金支付金额减少,即国际经济活动的交易成本会降低;(3),在超主权国际货币体系下,以石油为代表的大宗商品的价格波动会减缓,从而减小了世界经济发展的不确定性。     

论辜鸿铭及其历史文化观

辜鸿铭是中国传统文化坚定的捍卫者,辜鸿铭通过中西文明的比较,坚定支持中国传统文化,并向西方世界积极宣扬中国传统思想文化,对推动中学西渐产生了有利的影响.批判性地接收辜鸿铭对中国传统文明的观点,对当今世界的价值取向仍然有其积极的意义.