基金竞赛对基金经理交易行为影响的实证研究

对中国证券投资基金管理业中的"基金竞赛"行为进行了实证研究。结果表明,从整体上看 ,业绩排名确实对基金经理产生了一定的隐性激励,导致在期间业绩排名中被评为"输家" 的基金经理的风险调整比率大于"赢家",而且这种趋势在小盘基金和新基金中比在大盘基 金和运作时间较长的老基金中更明显,在开放式基金中比在封闭式基金中更明显。     

“Economic Theory’s Stance On No-Fault Divorce”

This article explores key insights that economic theory can shed on the issue of no-fault divorce in the United States, addressing modifications in the incentive structure of individuals that resulted from the legislative reforms of the 1970s. After stressing the importance of correctly interpreting and classifying divorce laws, this work investigates the contributions of the theory of property rights, the contributions of game theory and intra-household bargaining, and the contributions of general equilibrium analysis in our understanding of how divorce laws work and what their impact is. By doing so, this exposé analyzes the theoretical consequences of no-fault divorce on the decision whether to get married or divorced, on the characteristics of spouses and divorcees, on divorce rates, and on marital-specific and non marital-specific investments.     

公共物品供给效率研究

充足的公共物品供给在经济建设中有重大意义。文章分析了公共物品的性质及其供给模式,运用博弈论对公共物品的市场供给和政府供给效率进行了比较,认为我国应该构建多元的公共物品供给模式,推进服务型政府改革,明确政府和市场边界,减少公共物品供给中寻租行为。     

Foundations and Their Institutional Context: Cross-Evaluating Evidence from Germany and the United States

According to the relevant literature, the relationship between government and the private foundation sector in Germany is marked by a paradigm of conflict very similar to the one that has often dominated the U.S. discussion of government/nonprofit relationships in the past. More specifically, scholars often hold that the development of foundations in Germany is largely hampered by an administrative and regulatory climate that weakens rather than strengthens the foundation community. Two main arguments are brought forth in this context: First, the expansion of the state bureaucracy into traditional activity fields of foundations crowds out the foundation sector; second, the structure of tax regulations is detrimental to a sound development of foundations. However, while these arguments figure prominently in the policy debate, they have neither empirically nor analytically been substantiated as of yet. Borrowing from organizational theory, this article critically evaluates the arguments in the light of available evidence in an effort to contribute to a better understanding of foundations in an international context.     

Lone Parents in Northern Ireland: The Effectiveness of Work Incentives

In recent years social policy in relation to lone parents has placed heavy emphasis on increasing the participation of this group in the labour market. If anything, the newly elected Labour government appears to be more committed to this objective than its predecessor. This paper details some of the findings from a focus-groups exercise with lone mothers in Belfast conducted in 1995. The data underline the limitations of many aspects of the measures taken to encourage lone parents to work and raise questions about the appropriateness of current policy.     

财政分权体制下地方政府竞争的激励机制分析

改革开放以来,与经济体制逐渐由计划经济向市场经济转型相适应,我国的财政体制也逐步由集权型向分权型演进。这种演进受到垂直的政治管理体制的约束,由此形成了具有经济分权和政治集权二维属性的中国式财政分权体制,它赋予了地方政府特有的双重激励即财政激励和政治激励,促使地方政府为促进经济增长而展开激烈的标尺竞争。本文试图对财政分权体制下地方政府竞争的激励机制给与理论和经验的系统解释,并揭示其政策含义。     

Incentives to Exercise

Can incentives be effective in encouraging the development of good habits? We investigate the post‐intervention effects of paying people to attend a gym a number of times during one month. In two studies we find marked attendance increases after the intervention relative to attendance changes for the respective control groups. This is entirely driven by people who did not previously attend the gym on a regular basis. In our second study, we find improvements on health indicators such as weight, waist size, and pulse rate, suggesting the intervention led to a net increase in total physical activity rather than to a substitution away from nonincentivized ones. We argue that there is scope for financial intervention in habit formation, particularly in the area of health.     

基于员工帮助计划(EAP)的我国公务员激励机制的构建

针对当前我国社会经济转型时期所面临多方挑战和压力的背景下,公务员群体的心理健康状况不理想,缺乏有效的心理激励等问题,运用员工帮助计划(EAP)的相关理论,从适用性、模式、路径选择和保障措施等方面对完善我国公务员的激励机制进行了相关探讨。     

Political Economy of Mechanisms

We study the provision of dynamic incentives to self‐interested politicians who control the allocation of resources in the context of the standard neoclassical growth model. Citizens discipline politicians using elections. We show that the need to provide incentives to the politician in power creates political economy distortions in the structure of production, which resemble aggregate tax distortions. We provide conditions under which the political economy distortions persist or disappear in the long run. If the politicians are as patient as the citizens, the best subgame perfect equilibrium leads to an asymptotic allocation where the aggregate distortions arising from political economy disappear. In contrast, when politicians are less patient than the citizens, political economy distortions remain asymptotically and lead to positive aggregate labor and capital taxes.     

基于诱因分析的高校学生突发事件预警模型研究

对高等学校学生突发事件的诱因进行了多层次的分析,设计了全面的预警评价指标。采用问卷调查法和专家打分法获取原始数据,并用因子分析法和层次分析法提取出9大关键因子,确定因子的权重系数,构建高校突发事件预警模型。