This paper analyzes the impacts of urbanization and unemployment rate on China's divorce rate with the panel data of 31Chinese provinces from 2000 to 2011.The study manifests as follows.First,the significant influ...This paper analyzes the impacts of urbanization and unemployment rate on China's divorce rate with the panel data of 31Chinese provinces from 2000 to 2011.The study manifests as follows.First,the significant influence of urbanization cannot be observed on the rising breakdown since the latter is not the inevitable result of the former.In the second place,unemployment rate has a significant negative influence on divorce rate,namely,with the former increasing,the latter will decrease,which echoes the perspective of divorce cost.And finally,this paper also finds positive effects of per capita fixed investment,old-age dependency rate,average household size,the proportion of floating population and population density,and negative correlation of average education attainment on divorce rate.展开更多
Using China Urban Household Survey data from 2005 to 2012, this paper examines the changing pattern of China's urban unemployment rates. The paper shows that the annual urban unemployment rates during 2005-2012 avera...Using China Urban Household Survey data from 2005 to 2012, this paper examines the changing pattern of China's urban unemployment rates. The paper shows that the annual urban unemployment rates during 2005-2012 averaged approximately 8.5 percent, as opposed to the official figure of approximately 4.1 percent, and despite the significant slowdown of GDP growth since 2008, the urban unemployment rates still exhibit a downward trend. This paper finds that continuous job creation in both the tertiary and the non-state sectors helps explain the decreasing trend in unemployment rates. Meanwhile, the downward trend of the unemployment rates could also be explained by the fact that both the secondary industry and the state-owned sector have destructed fewer jobs because of the execution of macroeconomic stimulus policies since 2008.展开更多
The COVID-19 pandemic has spread globally,resulting in financialinstability in many countries and reductions in the per capita grossdomestic product.Sentiment analysis is a cost-effective method for acquiringsentiment...The COVID-19 pandemic has spread globally,resulting in financialinstability in many countries and reductions in the per capita grossdomestic product.Sentiment analysis is a cost-effective method for acquiringsentiments based on household income loss,as expressed on social media.However,limited research has been conducted in this domain using theLexDeep approach.This study aimed to explore social trend analytics usingLexDeep,which is a hybrid sentiment analysis technique,on Twitter to capturethe risk of household income loss during the COVID-19 pandemic.First,tweet data were collected using Twint with relevant keywords before(9 March2019 to 17 March 2020)and during(18 March 2020 to 21 August 2021)thepandemic.Subsequently,the tweets were annotated using VADER(lexiconbased)and fed into deep learning classifiers,and experiments were conductedusing several embeddings,namely simple embedding,Global Vectors,andWord2Vec,to classify the sentiments expressed in the tweets.The performanceof each LexDeep model was evaluated and compared with that of a supportvector machine(SVM).Finally,the unemployment rates before and duringCOVID-19 were analysed to gain insights into the differences in unemploymentpercentages through social media input and analysis.The resultsdemonstrated that all LexDeep models with simple embedding outperformedthe SVM.This confirmed the superiority of the proposed LexDeep modelover a classical machine learning classifier in performing sentiment analysistasks for domain-specific sentiments.In terms of the risk of income loss,the unemployment issue is highly politicised on both the regional and globalscales;thus,if a country cannot combat this issue,the global economy will alsobe affected.Future research should develop a utility maximisation algorithmfor household welfare evaluation,given the percentage risk of income lossowing to COVID-19.展开更多
The model based on Marxism economics such as capital structure ,capital deposit and capital cycles measure directly natural rate of the unemployment. The natural rate of unemployment is decided by the capital per work...The model based on Marxism economics such as capital structure ,capital deposit and capital cycles measure directly natural rate of the unemployment. The natural rate of unemployment is decided by the capital per worker, capital structure and average wage. According to the model the natural rate of the unemployment is empirical from 1991 to 2009.the result shows that the ascendant trend is very obvious. At last, according to the model, adjusting economic structure and regulating income distribution can reduce natural rate of unemployment.展开更多
The paper aims to analyze the monetary transmission model between the monetary policy and the labor market variable of unemployment.The results of the data show that,the external shocks have an important impact especi...The paper aims to analyze the monetary transmission model between the monetary policy and the labor market variable of unemployment.The results of the data show that,the external shocks have an important impact especially on the Romanian interest rates but also on the domestic production;however,the impact is not significant on unemployment,which proves the resilience of the domestic labor market.The central bank policy rate has a stabilizing effect on the unemployment rate in case of an increase in the euro area policy rate.展开更多
The research paper European Tax Models is a comparative member states, taking into account the main features in light analysis of the taxation systems in the European Union of the contribution of indirect and direct t...The research paper European Tax Models is a comparative member states, taking into account the main features in light analysis of the taxation systems in the European Union of the contribution of indirect and direct taxes and social contributions to the achievement of public revenues. Theme presents a topic of great interest, both theoretically and practically, given that how to place taxes has direct repercussions on the economic development of a country, and undoubtedly influence the rules of an economy, particularly in terms of investment, labor market, and social welfare. It was considered necessary in the first part of the paper to address the conceptual elements and present the most important features of tax systems and the principles that underlie them. It was studied from a theoretical perspective and it found the European tax models as follow: Nordic, continental, Anglo-Saxon, Mediterranean, and catching-up. Then, it analyzed each fiscal European model on each member country, starting from its economic indicators, based on Eurostat data. The objective of the research paper was to present a complete picture of the structure and trends of tax level of the member states of the European Union, sorted by European tax models and the impact of taxation on economic growth and social welfare. The research has concluded that, as long as the rules of the European Union, member states are free to choose their own tax system along with their fiscal policy for economic development and having in a view of their geographical, historical, and political situation.展开更多
As intra-national conflicts replace international wars to be the dominant form of collective political violence,the international dimension of domestic conflict has prompted reflections on the effects of globalization...As intra-national conflicts replace international wars to be the dominant form of collective political violence,the international dimension of domestic conflict has prompted reflections on the effects of globalization and multinational corporations represented by international investment.Theoretically,international investment may trigger or defuse conflicts.Although China is the world’s second largest source of outward foreign direct investment(OFDI),there has been limited empirical literature on how China’s OFDI has influenced domestic conflict in host countries.Based on the OFDI data of 115 developing countries from 2004 to 2016,this paper offers an empirical study on the effects of China’s OFDI on the eruption of domestic conflict in host countries and the underlying mechanisms.Results suggest that China’s OFDI in developing countries has made domestic conflict significantly less likely to erupt in those countries primarily by reducing the unemployment rate.These findings reflect the contribution of China’s investment to the internal stability of host countries.However,problems in the overseas operations of Chinese companies cannot be overlooked.展开更多
In recent years, the Chinese economy has been facing downward pressure from slowing growth, but there has not been a significant rise in the registered/surveyed unemployment rate. The combination of these factors show...In recent years, the Chinese economy has been facing downward pressure from slowing growth, but there has not been a significant rise in the registered/surveyed unemployment rate. The combination of these factors shows yet again that Okun's law does not fit China. Based on empirical observation of the relationship between China's economic cycle and its 1 abor market transition, we put forward a broader version of Okun's law which is applicable to analyses of the Chinese transition. The specific applications of the broad version of the law are connected with stages of economic development. The standard Okun model, which includes only the unemployment variable, is suited to developed countries in which labor transfer is complete. The broader version of Okun's law, which is applicable to transitional economies, introduces a variable for the transfer of agricultural labor. Using Chinese and cross-country panel data, we find that, compared with long-term trends, short-term changes in the transfer of agricultural 1 abor are significantly correlated with the economic cycle. This finding broadens our understanding of the general pattern of the relationship between the labor market and the economic cycle and provides scientific support for employment policy adjustments that takes "new urban jobs and the surveyed unemployment rate as an important indicator of macro-adjustment and control."展开更多
Is the "non-existence" of the Phillips curve in China a truth or just an illusion due to the deficiency of data? Should policy analysis follow the light of New-Keynesian or New-classical economics? These questions...Is the "non-existence" of the Phillips curve in China a truth or just an illusion due to the deficiency of data? Should policy analysis follow the light of New-Keynesian or New-classical economics? These questions require empirical work on the Phillips curve, which has long been limited in China due to an inaccurate unemployment rate and unreliable estimated output gap. Instead of the insignificant or self-contradicting results in previous work, this paper puts forward a significant estimation, creatively using the vacancy-jobseeker ratio instead of the unemployment rate. It is suggested that a robust Phillips curve cannot be ignored and New-Keynesian economics should be employed in policy analysis in the short run.展开更多
基金supported by the Fundamental Research Funds for the Central Universities[grant number JBK1407001]
文摘This paper analyzes the impacts of urbanization and unemployment rate on China's divorce rate with the panel data of 31Chinese provinces from 2000 to 2011.The study manifests as follows.First,the significant influence of urbanization cannot be observed on the rising breakdown since the latter is not the inevitable result of the former.In the second place,unemployment rate has a significant negative influence on divorce rate,namely,with the former increasing,the latter will decrease,which echoes the perspective of divorce cost.And finally,this paper also finds positive effects of per capita fixed investment,old-age dependency rate,average household size,the proportion of floating population and population density,and negative correlation of average education attainment on divorce rate.
基金The authors thank all the participants at the workshop on the "Middle Income Trap in Asia and PRC's Economic New Normal" for helpful comments. They also thank the National Natural Science Foundation of China for financial support through research grant No. 71333002 and the National Social Science Foundation of China for support through research grant No. 15ZDA008.
文摘Using China Urban Household Survey data from 2005 to 2012, this paper examines the changing pattern of China's urban unemployment rates. The paper shows that the annual urban unemployment rates during 2005-2012 averaged approximately 8.5 percent, as opposed to the official figure of approximately 4.1 percent, and despite the significant slowdown of GDP growth since 2008, the urban unemployment rates still exhibit a downward trend. This paper finds that continuous job creation in both the tertiary and the non-state sectors helps explain the decreasing trend in unemployment rates. Meanwhile, the downward trend of the unemployment rates could also be explained by the fact that both the secondary industry and the state-owned sector have destructed fewer jobs because of the execution of macroeconomic stimulus policies since 2008.
基金funded by the Deanship of Scientific Research at Princess Nourah bint Abdulrahman University,through the Research Groups Program Grant no.(RGP-1443-0045).
文摘The COVID-19 pandemic has spread globally,resulting in financialinstability in many countries and reductions in the per capita grossdomestic product.Sentiment analysis is a cost-effective method for acquiringsentiments based on household income loss,as expressed on social media.However,limited research has been conducted in this domain using theLexDeep approach.This study aimed to explore social trend analytics usingLexDeep,which is a hybrid sentiment analysis technique,on Twitter to capturethe risk of household income loss during the COVID-19 pandemic.First,tweet data were collected using Twint with relevant keywords before(9 March2019 to 17 March 2020)and during(18 March 2020 to 21 August 2021)thepandemic.Subsequently,the tweets were annotated using VADER(lexiconbased)and fed into deep learning classifiers,and experiments were conductedusing several embeddings,namely simple embedding,Global Vectors,andWord2Vec,to classify the sentiments expressed in the tweets.The performanceof each LexDeep model was evaluated and compared with that of a supportvector machine(SVM).Finally,the unemployment rates before and duringCOVID-19 were analysed to gain insights into the differences in unemploymentpercentages through social media input and analysis.The resultsdemonstrated that all LexDeep models with simple embedding outperformedthe SVM.This confirmed the superiority of the proposed LexDeep modelover a classical machine learning classifier in performing sentiment analysistasks for domain-specific sentiments.In terms of the risk of income loss,the unemployment issue is highly politicised on both the regional and globalscales;thus,if a country cannot combat this issue,the global economy will alsobe affected.Future research should develop a utility maximisation algorithmfor household welfare evaluation,given the percentage risk of income lossowing to COVID-19.
文摘The model based on Marxism economics such as capital structure ,capital deposit and capital cycles measure directly natural rate of the unemployment. The natural rate of unemployment is decided by the capital per worker, capital structure and average wage. According to the model the natural rate of the unemployment is empirical from 1991 to 2009.the result shows that the ascendant trend is very obvious. At last, according to the model, adjusting economic structure and regulating income distribution can reduce natural rate of unemployment.
文摘The paper aims to analyze the monetary transmission model between the monetary policy and the labor market variable of unemployment.The results of the data show that,the external shocks have an important impact especially on the Romanian interest rates but also on the domestic production;however,the impact is not significant on unemployment,which proves the resilience of the domestic labor market.The central bank policy rate has a stabilizing effect on the unemployment rate in case of an increase in the euro area policy rate.
文摘The research paper European Tax Models is a comparative member states, taking into account the main features in light analysis of the taxation systems in the European Union of the contribution of indirect and direct taxes and social contributions to the achievement of public revenues. Theme presents a topic of great interest, both theoretically and practically, given that how to place taxes has direct repercussions on the economic development of a country, and undoubtedly influence the rules of an economy, particularly in terms of investment, labor market, and social welfare. It was considered necessary in the first part of the paper to address the conceptual elements and present the most important features of tax systems and the principles that underlie them. It was studied from a theoretical perspective and it found the European tax models as follow: Nordic, continental, Anglo-Saxon, Mediterranean, and catching-up. Then, it analyzed each fiscal European model on each member country, starting from its economic indicators, based on Eurostat data. The objective of the research paper was to present a complete picture of the structure and trends of tax level of the member states of the European Union, sorted by European tax models and the impact of taxation on economic growth and social welfare. The research has concluded that, as long as the rules of the European Union, member states are free to choose their own tax system along with their fiscal policy for economic development and having in a view of their geographical, historical, and political situation.
文摘As intra-national conflicts replace international wars to be the dominant form of collective political violence,the international dimension of domestic conflict has prompted reflections on the effects of globalization and multinational corporations represented by international investment.Theoretically,international investment may trigger or defuse conflicts.Although China is the world’s second largest source of outward foreign direct investment(OFDI),there has been limited empirical literature on how China’s OFDI has influenced domestic conflict in host countries.Based on the OFDI data of 115 developing countries from 2004 to 2016,this paper offers an empirical study on the effects of China’s OFDI on the eruption of domestic conflict in host countries and the underlying mechanisms.Results suggest that China’s OFDI in developing countries has made domestic conflict significantly less likely to erupt in those countries primarily by reducing the unemployment rate.These findings reflect the contribution of China’s investment to the internal stability of host countries.However,problems in the overseas operations of Chinese companies cannot be overlooked.
文摘In recent years, the Chinese economy has been facing downward pressure from slowing growth, but there has not been a significant rise in the registered/surveyed unemployment rate. The combination of these factors shows yet again that Okun's law does not fit China. Based on empirical observation of the relationship between China's economic cycle and its 1 abor market transition, we put forward a broader version of Okun's law which is applicable to analyses of the Chinese transition. The specific applications of the broad version of the law are connected with stages of economic development. The standard Okun model, which includes only the unemployment variable, is suited to developed countries in which labor transfer is complete. The broader version of Okun's law, which is applicable to transitional economies, introduces a variable for the transfer of agricultural labor. Using Chinese and cross-country panel data, we find that, compared with long-term trends, short-term changes in the transfer of agricultural 1 abor are significantly correlated with the economic cycle. This finding broadens our understanding of the general pattern of the relationship between the labor market and the economic cycle and provides scientific support for employment policy adjustments that takes "new urban jobs and the surveyed unemployment rate as an important indicator of macro-adjustment and control."
文摘Is the "non-existence" of the Phillips curve in China a truth or just an illusion due to the deficiency of data? Should policy analysis follow the light of New-Keynesian or New-classical economics? These questions require empirical work on the Phillips curve, which has long been limited in China due to an inaccurate unemployment rate and unreliable estimated output gap. Instead of the insignificant or self-contradicting results in previous work, this paper puts forward a significant estimation, creatively using the vacancy-jobseeker ratio instead of the unemployment rate. It is suggested that a robust Phillips curve cannot be ignored and New-Keynesian economics should be employed in policy analysis in the short run.