论我国农村经济发展的金融支持

农村资本积累缓慢,存在着严重的供给不足,农村积累资金的一部分又通过其他途径流向城市,更加重了乡村资本的稀缺,阻碍了农村经济的发展.加快农村经济发展的根本途径,是向农村提供金融支持,政府应通过加大对农村公共品和农业基础设施的投入,改善农村投资环境,改革和完善农村金融体系,改革现有的农地制度,为农民、农村提供融资工具,以获取发展的资本来推动农村地区的经济发展.     

试论对西方道德文化遗产的批判和继承

西方道德文化遗产的精华与糟粕糅合在一起,瑕瑜互见,良莠混杂.批判地继承西方道德文化遗产,不仅是人的全面发展、社会进步的要求,更是我国社会主义市场经济的客观要求.在构建社会主义道德规范体系时,应正确对待西方道德文化遗产,取其精华,去其糟粕,并促使其向现代转换.     

我国科技奖励评审制度的法律思考

我国科技奖励制度的法律基础是宪法规定的,科技活动的广泛性、专业性、复杂性要求科技奖励的评审制度在内容上应体现高度的科学性、公正性和权威性,在形式上应集中突显制度化、规范化和程序化.我国现行科技奖励评审制度及立法现状还存在一些问题,完善我国科技奖励评审制度应建立健全法律保障体系,评审过程必须体现社会公认的道德观念和法律规范,对现行的评审体系及评审方法进行改革.     

论全面推进农村小康社会建设

我国新世纪“全面建设小康社会”的奋斗目标和纲领,是邓小平“小康”思想的进一步丰富和发展。从目前的经济发展和人们生活水平来看,离全面建设小康社会目标最远的主要是农民,全面建设小康社会的重点和难点在农村。在我国农村,全面建设农村小康社会应从政治、经济、文化和可持续发展等方面全面推进。     

Exit Options in Corporate Finance: Liquidity versus Incentives

This paper provides a first study of the optimal design of active monitors'exit options in a problem involving a demand for liquidity and costly monitoring of the issuer. Optimal incentives to monitor the issuer may involve restricting the monitor's right to sell her claims on the firm's cash-flow early. But the monitor will then require a liquidity premium for holding such an illiquid claim. In general, therefore, there will be a trade off between incentives and liquidity. The paper highlights a fundamental complementarity between speculative monitoring in financial markets (which increases the informativeness of prices) and active monitoring inside the firm: in financial markets where price discovery is better and securities prices reflect the fundamentals of the issuer better, the incentive cost of greater liquidity may be smaller and active monitoring incentives may be preserved. The paper spells out the conditions under which more or less liquidity is warranted and applies the analysis to shed light on common exit provisions in venture capital financing.     

METROPOLITAN HOUSE PRICES IN SOUTH AFRICA: DO THEY CONVERGE?

The question this paper investigates is whether or not different metropolitan areas each constitute a separate housing market or whether or not there is a single South African housing market. Theory on the Law of One Price suggests that if products or geographic areas belong in the same market, their absolute prices must converge, so that their relative prices are stationary. By using cross-sectional time series data of five metropolitan areas, the paper tests for the Law of One Price by applying the Im, Pesaran and Shin panel unit root test. The paper finds strong evidence of convergence in large middle-segment house prices and weaker support for convergence in medium middle-segment house prices. In addition, the paper finds no evidence for convergence in small middle-segment house prices. This suggests the existence of a national market for large and possibly middle-segment houses in metropolitan areas, but separate metropolitan markets for small middle-segment houses. In addition, the paper estimates the speed of convergence and finds that large middle-segment house prices converge within two to seven quarters, while the speed of convergence for medium middle-segment house prices in three of the five areas is five to eight quarters.     

入世后旅行社人才竞争对策分析

入民后旅行社业遭受的最大冲击将是人才的竞争。本文在分析我国旅行社面对的人才竞争态势基础上，从企业机制变革、转变人才观念、培育激励制度、职业经理人的培养和强化企业品牌等几方面分析了旅行社应对这场人才竞争应采取的对策。     

一种新型高速数字锁相环的研究

本文针对传统方法实现的数字锁相环(DPLL)工作速率低的问题,通过对一种典型的DPLL的分析,找出影响其工作速率的主要因素,研究并提出了一种全新的高速实现方法,并在实验室进行了数据传输位同步提取实验。