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The disparities among our country mortality rates per million tons in coal mine and other main mining countries is great, so the coal mine safe production becomes the noticeable questions, which keeped an eye on by the community more and more. Same as other industry profession safety, the coal mine safety has close contact with national economic development in addition to the safety engineering technology...
Changes in market interest rates led to the changes of bank's assets and liabilities values, which led to the change of the owner's equity of the bank and bring in risk to the bank owners. As a result, interest rate risk management of commercial banks is extremely important. We built a portfolio optimal model for bank assets and liabilities management by controlling the interest risk, which controls...
Estimating both static and dynamic models, this paper confirm earnings management effect and its associated effect with macroeconomic cycle on Loan Loss Provision hypotheses for US commercial banks. Moreover, the effects seem to be influenced by different loan loss provisions level. According the result, it suggests that the financial surveillance may need to be strengthened during recessionary phases,...
In last two years, people have paid more and more attentions to price fluctuations. China Centre Bank frequently uses the approach of adjusting interest rates to influence price fluctuations. This article will introduce a monetary policy model that covers different time periods, different types of interest rates and policy disturbances. It also depicts durative and directional track of interest rates...
In this study, we took a spatial visualization approach instead of a numeric indicator to describe the spatial inequality of development in Xinjiang. Spatial mean in geo-statistics was used as a measurement of spatial equality. The values of spatial mean for GDP level were plotted on the map by geographic information system of prefecture level data. We can see clearly that: (1) the economic gravity...
Based on time series data of Suzhou from 1991 to 2008, this paper carries out empirical research on the spillover effect of foreign direct investment by using ADF test, Granger causality test and regression method. The result shows that foreign direct investment has spillover effect to GDP which is the Granger cause of GDP in Suzhou. Meanwhile, the inverse relationship does not hold. We also find...
Increasingly, economic transactions are taking place over social networks. We study the static and dynamic characteristics of a peer-to-peer lending network through 350,000 loan listings and accompanying member profiles from the online marketplace Prosper.com. Our results imply that social factors such as participation in affinity groups and descriptive profile text are correlated with financial indicators;...
To some extent, modern market economy is an economy based on various kinds of credit relationships, therefore, it is of great practical significance to investigate working mechanism of credit channels. With China's accession into WTO, changing tendency of exchange rate policy has witnessed increasingly great effect on the trend of micro-economy. Therefore, understanding and seeking interactive mechanism...
Economy, society, environment and resource interact each other and constitute a complex system. Analytical hierarchy process (AHP) is a popular and powerful method for solving different problem of complex system. This paper presents an indicator system with hierarchical structure upon AHP to evaluate the status of sustainable development as an example for Shaoyang. In this research, we (1) discuss...
China's inward foreign direct investment (FDI) has grown at a dramatic speed and has become an increasingly important push to the economic growth across China after China's openness. However, whether dasiaMarket for Technologypsila Policy effectively promoted China's technological advancement turns out to be a main theme of FDI spillovers. An analytical framework of gross production function model...
Since the financial crisis caused by the subprime lending crisis spreads throughout the world, all countries and international organizations are actively researching the countermeasures with the wish to weaken the destroy of the crisis and prevent the crisis in future, so analyzing the feature of the occurrence of previous monetary crisis, their influence and governmentspsila countermeasures are no...
This paper presents an application of the DEA analysis of 7 largest Canadian Schedule I banks. The efficiency scores for the involved banks in a 10-year period from 1998-2007 were obtained from DEA window analysis. The Malmquist productivity index was used to calculate the productivity changes. The results from DEA model were analyzed and compared with economy development in Canada within the study...
The relative risk scale of bank financing products are extended nowadays, and lots of uncertain factors affects the evaluation process. In order to solve these problems, analytical network process (ANP) was utilized to estimate the risk possibility. Risk factors index system of bank financing products were built firstly. ANP considered all kinds of risk factors as well as influence among them. The...
The measures to science and technology progress have been considered all long, and various methods may cause different results. Based on the research of our predecessors, the article put forward Time Varying Parameter model, which settle the dilemma in the process of measuring. Using this model, the author makes empirical study to the correlation between science & technology and economic growth...
The paper applies non-equilibrium statistical mechanics to evaluating the competitiveness of service industry as an evolutionary complex system. And then the evolutionary patterns of eight cities in China are simulated by the SOM. The comprehensive competitiveness of each city is analyzed from the pattern values.
Implementating land reclamation forms a pivotal point for ecological restoration in coal mining area. Based on the analysis of a collection of factors including investment, benefit, employment, production and living demand, this paper adopt linear programming technique to optimize the structures of land reclamation in Banji coal mining area, China. The results indicate that the land reclamation for...
The relationship between the corporate investment and financing decisions is one of the important issues in the corporate finance theory. This paper aimed at how managers develop reasonable investment and financing strategies to maximize the corporate profits. We construct a constrained optimization model as a decision tool for optimal investment strategies and optimal capital structure. A risk constraint...
The main goal of this paper is to investigate the presence of jumps in Shanghai Inter-bank Offered Rate (SHIBOR), which is Chinese money market benchmark interest rate, and compare interest rate models of SHIBOR based on MCMC Method. Although SHIBOR has become an important interest rate, on which a lot of derivatives underlie, it is less studied. The Markov Chain Monte Carlo method is applied to analyze...
The present study shows that the debt-to-asset ratio of China's state-owned enterprises and of China's industrial enterprises basically hold constant in recent years after reaching a peak in 1995. The correlation between the debt ratio of China's state-owned enterprises and GDP growth rate is small, yet the correlation between the debt ratio of China's state-owned enterprises and inflation rate is...
Given the condition of asymmetric information, financial institutions should practice credit rationing. However, the purpose of classical theories of credit rationing is to explain the phenomena of credit rationing not the interest rate decision mechanism. Therefore, they don't indicate how banks' information productivity affect the decision of the interest rate of its loans. This essay attempts to...
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