Asymptotic behaviour of proportions of observations in random regions determined by central order statistics from stationary processes

In this paper, we show that proportions of observations that fall into a random region determined by a given Borel set and a central order statistic converge almost surely, provided that the corresponding population quantile is unique. We also describe three types of possible asymptotic behaviour of these proportions in the case of non-unique population quantile. As an application of our findings we establish limiting properties of numbers of ties with a central order statistics in a discrete sample. Our results are derived not only for independent and identically distributed observations but more generally for strictly stationary and ergodic sequences of random variables.     

Estimation and Inference Procedures for Semiparametric Distribution Models with Varying Linear‐Index

More flexible semiparametric linear‐index regression models are proposed to describe the conditional distribution. Such a model formulation captures varying effects of covariates over the support of a response variable in distribution, offers an alternative perspective on dimension reduction and covers a lot of widely used parametric and semiparameteric regression models. A feasible pseudo likelihood approach, accompanied with a simple and easily implemented algorithm, is further developed for the mixed case with both varying and invariant coefficients. By justifying some theoretical properties on Banach spaces, the uniform consistency and asymptotic Gaussian process of the proposed estimator are also established in this article. In addition, under the monotonicity of distribution in linear‐index, we develop an alternative approach based on maximizing a varying accuracy measure. By virtue of the asymptotic recursion relation for the estimators, some of the achievements in this direction include showing the convergence of the iterative computation procedure and establishing the large sample properties of the resulting estimator. It is noticeable that our theoretical framework is very helpful in constructing confidence bands for the parameters of interest and tests for the hypotheses of various qualitative structures in distribution. Generally, the developed estimation and inference procedures perform quite satisfactorily in the conducted simulations and are demonstrated to be useful in reanalysing data from the Boston house price study and the World Values Survey.     

Breaking the taboo: a history of monetary financing in Canada, 1930–1975

Monetary financing – the funding of state expenditure via the creation of new money rather than through taxation or borrowing – has become a taboo policy instrument in advanced economies. It is generally associated with dangerously high inflation and/or war. Relatedly, a key institutional feature of modern independent central banks is that they are not obligated to support government expenditure via money creation. Since the financial crisis of 2007–2008, however, unorthodox monetary policies, in particular quantitative easing, coupled with stagnant growth and high levels of public and private debt have led to questions over the monetary financing taboo. Debates on the topic have so far been mainly theoretical with little attention to the social and political dynamics of historical instances of monetary financing. This paper analyses one of the most significant twentieth‐century cases: Canada from the period after the Great Depression up until the monetarist revolution of the 1970s. The period was a successful one for the Canadian economy, with high growth and employment and manageable inflation. It offers some interesting insights into the relationship between states and central banks and present‐day discussions around the governance of money creation.     

论苏区邮政检查的操作方法与纪律

为了获得情报,肃清内奸,加强宣传,反制敌方邮检,苏区实行了邮检制度。邮检对象包括：密写、密函信件,记录有军政情报内容的胶卷、录音带、录像带、报刊杂志,夹藏有显微点以及炸弹、毒品、恐吓信、内容反动的信件或者出版物。邮检方式主要有四种。对受检邮件的处理方式有三种。总之,苏区对邮检极为重视,除严格选拔邮检员外,还制定了纪律,操作也较规范。     

道路与桥梁专业校企合作共建实践教学基地模式探析

高职院校应培养有较强实践能力的实用型人才。然而,我国高职院校专业教学中的理论教学与实践教学往往难以融为一体,培养出的学生很难达到企业的要求。校企合作共建实践教学基地,是破解此弊端的一剂良方。文章就江西交通职业技术学院校企合作共建实践教学基地做了探析。     

政府旅游开发方式评析——以土耳其为例

提起旅游,人们脑海里首先浮现的必然是"阳光与海滩"。土耳其是地中海地区的一个主要国家,在历史、文化、自然风光、美食、民俗等方面都具有巨大潜力,并且土耳其人民也非常热情友善。土耳其拥有21世纪的游客所寻求的异国风情。为使土耳其的这种潜力在继续服务于旅游业的同时保持其延续性,就需要认真的自省与科学的研究和规划。旅游业对于一国的社会福利和经济发展有着举足轻重的影响,但也存在毁灭当地资源的可能。理性运用旅游资产、增加游客数量和提高旅游收入,这些都可以通过有效的旅游规划来实现。在此问题上,中央政府、地方政府和非政府组织在相互协作的框架下各司其职显得至关重要。本文通过揭示当前土耳其旅游业的现状,对中央和地方政府扮演的角色做出评析,希望从国家管理的风格和方式角度出发,使土耳其的旅游规划和政策取得实际效果。     

国债收益率协整关系研究

通过对中国国债收益率与央票利率、基准利率和CPI的协整关系研究,揭示出我国国债市场的收益率走势与各宏观经济变量之间的互动关系。研究结果表明:在不施加任何约束的条件下,我国国债市场的风险长期来看是可以规避的,而国债与央票之间具有互动关系,二者的利率风险具有一定的互补性。     

晚清革命思潮发生与发展的动态过程

革命思潮是革命思想的发展,而革命思想则源于革命意识。晚清革命意识的形成,固然为国人受不良现实剌激的结果,也与仇满、反满的历史记忆和西方革命学说传播不无联系。不断汇聚的革命意识经过"编码",逐渐形成较为理性和系统的革命思想。而职业革命者对革命的论证与宣传,则使革命思想的张力增强,传播强度提高,革命的观念场与意识流逐渐成型,且不断发展,革命思潮于焉形成。     

中国房地产税制:存在问题与改革设想

在现代市场经济条件下,房地产税制具有十分重要的功能。现阶段中国房地产税制存在房地产税收功能分散,房地产税种设置交叉重叠现象突出,计税依据不符合国际惯例,房地产保有环节税负偏轻和房地产税权分布结构不合理等问题。中国房地产税制改革已进入基础性制度建设阶段,必须按照"宽税基、简税种、低税率"的原则,实现房地产开发流转环节税收为主向房地产保有环节税收为主的房地产税制转型,去土地财政化,这就要适时开征房产税。开征房产税可以分两步走,近期对居民新购商品房超免税标准部分征收房产税,中长期覆盖到居民已购存量房地产。