Regular and extensive social population mobility in natural economy is neither necessary nor possible while in a planned economic system, social population distribution is necessary but social population mobility is u...Regular and extensive social population mobility in natural economy is neither necessary nor possible while in a planned economic system, social population distribution is necessary but social population mobility is unlikely. Modern market economy as a highly mobile economy has a free-mobile population characteristic of market economy, which is fundamental to optimize human resource distribution. The rule for the modern market-based population movement is as follows: If the mobile population is the rational behavior choosers, under the permissive developmental environment as arranged by the social system, they tend to move from low profit-making fields to high income fields when there exists comparable difference of income in different regions and different industries, and various potential and practical profit-making chances. The degree of difference in comparable income is positively co-relative to the velocity and flux of mobile population.展开更多
Both civil&commercial law and economic law are the main legal basis for supervising market behavior and regulating market order.They are indispensable laws in the national economic development and construction.By ...Both civil&commercial law and economic law are the main legal basis for supervising market behavior and regulating market order.They are indispensable laws in the national economic development and construction.By analyzing the relationship between civil&commercial law and economic law in the context of market economy,this article explores the similarities and differences between,and through the perfection and application of the two,China’s social and economic stability and a lasting progress can be better realized under the mechanism of market economy.展开更多
Consider a sequence of markets for goods and securities at successive dates, each market is a hybrid of plan and market, no one of which is complete in Arrow\|Debreu sense. Pseudo\|equilibrium and equilibrium of s...Consider a sequence of markets for goods and securities at successive dates, each market is a hybrid of plan and market, no one of which is complete in Arrow\|Debreu sense. Pseudo\|equilibrium and equilibrium of such an economic model are introduced and the existence of which is demonstrated.展开更多
This paper examines the impact of planning and efficiency of markets in a stylized economy which is a finite sequence of markets for goods at successive dates, each market is a hybrid of plan and market, no one of whi...This paper examines the impact of planning and efficiency of markets in a stylized economy which is a finite sequence of markets for goods at successive dates, each market is a hybrid of plan and market, no one of which is complete in Arro Debreu sense. The existence of equilibrium in such a economic model is demonstrated.展开更多
Exchange rate functions under systems of centrallyplanned economy and market economy are quite different,and the mechanism to determine such exchange rate is alsodifferent. To adopt a socialist market economic system ...Exchange rate functions under systems of centrallyplanned economy and market economy are quite different,and the mechanism to determine such exchange rate is alsodifferent. To adopt a socialist market economic system inChina, the exchange rate mechanism of Renminbi must bethoroughly transformed. To accomplish this goal, I believethere are three problems that must be solved: first,展开更多
In China where there is a profound influence of "local magistrates as citizens’ parents" in the traditional sense, people are naturally inclined to rely on government authorities
Building up a socialist market economy in China is an important part of Deng Xiaoping’s theoretical treasury of building socialism with Chinese characteristics. It is also an objective demand for furthering reform an...Building up a socialist market economy in China is an important part of Deng Xiaoping’s theoretical treasury of building socialism with Chinese characteristics. It is also an objective demand for furthering reform and expanding the opening up of China. The "Decision On Some Issues Concerning the Establishment of a Socialsit Market Economic Structure"展开更多
At this stage,the market economy has become an important force to promote China’s economic development.Consolidating the core of market economic development,namely,economic equality and economic freedom,is an inevita...At this stage,the market economy has become an important force to promote China’s economic development.Consolidating the core of market economic development,namely,economic equality and economic freedom,is an inevitable requirement for upholding and improving China’s basic economic system,and it is also an important aspect of the country’s strong guarantee for market economic development.Therefore,it is necessary to research the meaning of the market economy in the constitution,and at the same time clarify the constitutional norms’obligation to guarantee the implementation of state agencies to provide adequate constitutional guarantees for the development of the market economy.展开更多
① Without a correct reform theory, there can be no successful reform practice. Since the Communist Party of China (CPC) convened the Third Plenary Session of the 11 th Central Committee (December, 1978), a fundamenta...① Without a correct reform theory, there can be no successful reform practice. Since the Communist Party of China (CPC) convened the Third Plenary Session of the 11 th Central Committee (December, 1978), a fundamental reason for the tremendous achievements China has scored is that it has had the guidance of Deng Xiaoping Theory. Broad and pro-展开更多
The goal of China’s economic structural reform is to establish a socialist market system in China which will play a fundamental role in the disposition of natural resources under the macrocontrol and regulation of th...The goal of China’s economic structural reform is to establish a socialist market system in China which will play a fundamental role in the disposition of natural resources under the macrocontrol and regulation of the government. This means, on the one hand, that in accordance with the law of value in open market activities,展开更多
Building a high-level socialist market economy is conducive to giving full play to the market’s decisive role in resource allocations and bringing the government into better play.Correctly handling the market and the...Building a high-level socialist market economy is conducive to giving full play to the market’s decisive role in resource allocations and bringing the government into better play.Correctly handling the market and the government relationships has been a central issue in China’s economic structural reform.Giving a comprehensive review and summary of the research findings achieved by the theoretical and academic circles in China,we generalize the evolution and working mechanisms of China’s socialist market economy system,following the developing trajectory and logic of relevant literature,focusing on the three aspects of evolving perceptions,the role of the market,and the functions of the government.Based on our literature overview,we also induced and extracted the basic conclusions and evolutionary features of relevant research and made suggestions for the future direction of theoretical research regarding China’s socialist market economy.展开更多
The failure of COVID-19 governance in the United States of America is closely related to its economic inequality.According to the theory of error-tolerant democracy,after reflecting on the American financial crisis of...The failure of COVID-19 governance in the United States of America is closely related to its economic inequality.According to the theory of error-tolerant democracy,after reflecting on the American financial crisis of 2008,liberty should be redefined from mutual empowerment under the background of regulation,which means that rights to liberty of entrepreneurs and financial capitalists in the public economy are empowered by the people,so they should empower and benefit the people,corresponding to regulation and redistribution respectively.During the COVID-19 pandemic,empowering and benefiting the people regarded as economic democracy has not been realized for neoliberal policies,leading to insufficient public funds to help citizens badly hurt by the disease.To restore the U.S.as the beacon of democracy,it should undertake the historical mission:expansion of liberal democracy from politics to economy so as to reduce unreasonable economic inequality and protect rights to life of more infected Americans.展开更多
This paper examines the existence of general equilibrium in a discrete time economy with the infinite horizon incomplete markets.There is a single good at each node in the event tree.The existence of general equilibri...This paper examines the existence of general equilibrium in a discrete time economy with the infinite horizon incomplete markets.There is a single good at each node in the event tree.The existence of general equilibrium for the infinite horizon economy is proved by taking limit of equilibria in truncated economies in which trade stops at a sequence of dates.展开更多
Based on the long tail model,this paper assumes a new form of mutual change between producers and consumers and obtains a consumption and production economic model adapted to the modern market economy,and carries out ...Based on the long tail model,this paper assumes a new form of mutual change between producers and consumers and obtains a consumption and production economic model adapted to the modern market economy,and carries out practical verification of the model.The conclusion is that the main body of the future market economy will change from producers to consumers.展开更多
By the disequilibrium economic theory,this paper first investigates the disequilibrium mathematical economic model of the money market in China.Then,we study ...By the disequilibrium economic theory,this paper first investigates the disequilibrium mathematical economic model of the money market in China.Then,we study the disequilibrium transition of Chinese money market from 1954 to 1993 using a non parametric local fitting technique.Without assuming explicit functional forms,the method of locally weighted maximum likelihood is applied to estimate and test the variations in demand and supply during the period between 1954 to 1993.Furthermore,the disequilibrium state and mechanism of Chinese money market are inspected and the direction,the strength and the fluctuation of the disequilibrium are discussed respectively.Finally the policy suggestions are given about adjusting effectively money demand and supply under the condition of co existing of plan and market economy.In this paper,a brief review on the disequilibrium researches on money market in foreign countries is also given.展开更多
文摘Regular and extensive social population mobility in natural economy is neither necessary nor possible while in a planned economic system, social population distribution is necessary but social population mobility is unlikely. Modern market economy as a highly mobile economy has a free-mobile population characteristic of market economy, which is fundamental to optimize human resource distribution. The rule for the modern market-based population movement is as follows: If the mobile population is the rational behavior choosers, under the permissive developmental environment as arranged by the social system, they tend to move from low profit-making fields to high income fields when there exists comparable difference of income in different regions and different industries, and various potential and practical profit-making chances. The degree of difference in comparable income is positively co-relative to the velocity and flux of mobile population.
文摘Both civil&commercial law and economic law are the main legal basis for supervising market behavior and regulating market order.They are indispensable laws in the national economic development and construction.By analyzing the relationship between civil&commercial law and economic law in the context of market economy,this article explores the similarities and differences between,and through the perfection and application of the two,China’s social and economic stability and a lasting progress can be better realized under the mechanism of market economy.
文摘Consider a sequence of markets for goods and securities at successive dates, each market is a hybrid of plan and market, no one of which is complete in Arrow\|Debreu sense. Pseudo\|equilibrium and equilibrium of such an economic model are introduced and the existence of which is demonstrated.
文摘This paper examines the impact of planning and efficiency of markets in a stylized economy which is a finite sequence of markets for goods at successive dates, each market is a hybrid of plan and market, no one of which is complete in Arro Debreu sense. The existence of equilibrium in such a economic model is demonstrated.
文摘Exchange rate functions under systems of centrallyplanned economy and market economy are quite different,and the mechanism to determine such exchange rate is alsodifferent. To adopt a socialist market economic system inChina, the exchange rate mechanism of Renminbi must bethoroughly transformed. To accomplish this goal, I believethere are three problems that must be solved: first,
文摘In China where there is a profound influence of "local magistrates as citizens’ parents" in the traditional sense, people are naturally inclined to rely on government authorities
文摘Building up a socialist market economy in China is an important part of Deng Xiaoping’s theoretical treasury of building socialism with Chinese characteristics. It is also an objective demand for furthering reform and expanding the opening up of China. The "Decision On Some Issues Concerning the Establishment of a Socialsit Market Economic Structure"
文摘At this stage,the market economy has become an important force to promote China’s economic development.Consolidating the core of market economic development,namely,economic equality and economic freedom,is an inevitable requirement for upholding and improving China’s basic economic system,and it is also an important aspect of the country’s strong guarantee for market economic development.Therefore,it is necessary to research the meaning of the market economy in the constitution,and at the same time clarify the constitutional norms’obligation to guarantee the implementation of state agencies to provide adequate constitutional guarantees for the development of the market economy.
文摘① Without a correct reform theory, there can be no successful reform practice. Since the Communist Party of China (CPC) convened the Third Plenary Session of the 11 th Central Committee (December, 1978), a fundamental reason for the tremendous achievements China has scored is that it has had the guidance of Deng Xiaoping Theory. Broad and pro-
文摘The goal of China’s economic structural reform is to establish a socialist market system in China which will play a fundamental role in the disposition of natural resources under the macrocontrol and regulation of the government. This means, on the one hand, that in accordance with the law of value in open market activities,
文摘Building a high-level socialist market economy is conducive to giving full play to the market’s decisive role in resource allocations and bringing the government into better play.Correctly handling the market and the government relationships has been a central issue in China’s economic structural reform.Giving a comprehensive review and summary of the research findings achieved by the theoretical and academic circles in China,we generalize the evolution and working mechanisms of China’s socialist market economy system,following the developing trajectory and logic of relevant literature,focusing on the three aspects of evolving perceptions,the role of the market,and the functions of the government.Based on our literature overview,we also induced and extracted the basic conclusions and evolutionary features of relevant research and made suggestions for the future direction of theoretical research regarding China’s socialist market economy.
文摘The failure of COVID-19 governance in the United States of America is closely related to its economic inequality.According to the theory of error-tolerant democracy,after reflecting on the American financial crisis of 2008,liberty should be redefined from mutual empowerment under the background of regulation,which means that rights to liberty of entrepreneurs and financial capitalists in the public economy are empowered by the people,so they should empower and benefit the people,corresponding to regulation and redistribution respectively.During the COVID-19 pandemic,empowering and benefiting the people regarded as economic democracy has not been realized for neoliberal policies,leading to insufficient public funds to help citizens badly hurt by the disease.To restore the U.S.as the beacon of democracy,it should undertake the historical mission:expansion of liberal democracy from politics to economy so as to reduce unreasonable economic inequality and protect rights to life of more infected Americans.
基金This research was supported by a project of Financial MathematicsFinancial Engineering and Finan-cial Managementwhich is o
文摘This paper examines the existence of general equilibrium in a discrete time economy with the infinite horizon incomplete markets.There is a single good at each node in the event tree.The existence of general equilibrium for the infinite horizon economy is proved by taking limit of equilibria in truncated economies in which trade stops at a sequence of dates.
文摘Based on the long tail model,this paper assumes a new form of mutual change between producers and consumers and obtains a consumption and production economic model adapted to the modern market economy,and carries out practical verification of the model.The conclusion is that the main body of the future market economy will change from producers to consumers.
文摘By the disequilibrium economic theory,this paper first investigates the disequilibrium mathematical economic model of the money market in China.Then,we study the disequilibrium transition of Chinese money market from 1954 to 1993 using a non parametric local fitting technique.Without assuming explicit functional forms,the method of locally weighted maximum likelihood is applied to estimate and test the variations in demand and supply during the period between 1954 to 1993.Furthermore,the disequilibrium state and mechanism of Chinese money market are inspected and the direction,the strength and the fluctuation of the disequilibrium are discussed respectively.Finally the policy suggestions are given about adjusting effectively money demand and supply under the condition of co existing of plan and market economy.In this paper,a brief review on the disequilibrium researches on money market in foreign countries is also given.
