Market timing prediction of stock investment is an important decision problem with uncertainty and risk in the financial activity.An algorithm for market timing prediction of stock investment is proposed in this paper...Market timing prediction of stock investment is an important decision problem with uncertainty and risk in the financial activity.An algorithm for market timing prediction of stock investment is proposed in this paper.Considering the close relationship in the stock market and the economic data,we find the correlation of synthetical economic data and the equity returns with the help of the combination of fuzzy logic and genetic algorithm.Finally,the application of stock market is included to test the effectiveness of the algorithm.展开更多
China attracted a record of US$52.7× 10^9 in foreign direct investment （FDI） in the year 2002, surpassing the United States to become the world＇s largest FDI recipient. China＇s success in attracting FDI has r...China attracted a record of US$52.7× 10^9 in foreign direct investment （FDI） in the year 2002, surpassing the United States to become the world＇s largest FDI recipient. China＇s success in attracting FDI has received significant attention from academics. Several theoretical approaches have been developed to explain the determinants of FDI in China. However, it seems to be ignored that China has also become a growing provider of significant FDI to the rest of the world. According to United Nations Conference on Trade and Developlnent （UNCTAD）＇s 2004 report, as a developing country, replacing Japan, China has made the list of the expected top five home countries worldwide for the first time in terms of geographical coverage （2004-2005）. Vietnam is second largest market and another emerging transition tiger in Southeast Asia. Both China and Vietnam were and are experiencing transitions from centrally planned economy to free market economy. This paper, therefore, attempts to explore the development of Chinese investment in Vietnam, analysing the main motives for, and characteristics of, Chinese Multinational Enterprises＇ （MNEs） investment in Vietnam.展开更多
The financial crisis has deeply affected Eastern European countries since the end of 2008. The global economic crisis put an end to a period when the region witnessed solid economic growth, high inflows of foreign inv...The financial crisis has deeply affected Eastern European countries since the end of 2008. The global economic crisis put an end to a period when the region witnessed solid economic growth, high inflows of foreign investment and a dynamic real estate sector, which was one of the main drivers of the region＇s economic growth （Abelson, Kaemar, ＆ Jackofsky, 1990）. The Eastern European real estate market was deeply impacted by the crisis. Investment in real estate dropped sharply due to the significant increase in risks and difficulties in financial borrowing （Bruce, 1991）. Rising unemployment affected retail sales, as well as office net absorption. Take-up fell significantly in all markets： Transactions were of smaller size and demand for buildings decreased. On the supply side, vacancy increased sharply due to the high level of completions entering the market （Smith, 1992）. The strong rise in vacancy rates has put pressure on rents, which dropped sharply in 2008 and in early 2009. They started to stabilize only by the end of 2009. How will the Romanian real estate market evolve？ No one knows for certain. Through this work we try to get some predictions based on statistical theory and not on the lessons learned from other crises.展开更多
This paper aims at providing an interpretation of economic crises within a theoretical framework where some elements of classical political economy are superimposed on the theoretical framework of the monetary theory ...This paper aims at providing an interpretation of economic crises within a theoretical framework where some elements of classical political economy are superimposed on the theoretical framework of the monetary theory of production. The dynamics of wages, of conspicuous consumption on the part of rentiers and of investments are taken into consideration, in order to show that economic crises largely depend on the combination of declining wage shares, increasing financial rents and the reduction of investments.展开更多
After more than 30 years of rapid growth, the Chinese economy has entered the "new normal" of moderately high growth. Due to the effects of multiple factors, the international oil price has remained consiste...After more than 30 years of rapid growth, the Chinese economy has entered the "new normal" of moderately high growth. Due to the effects of multiple factors, the international oil price has remained consistently low. The low oil price has exerted critical effects on international natural gas investment. At the same time, the market-oriented price mechanism of natural gas in China is gradually taking shape; the concept of low carbon development is widely advocated; and the use of natural gas gains popularity in the city. Such factors provide great opportunities for investment in the natural gas market of China, including boiler coal-to-gas transformation, natural gas distributed energy and natural gas vehicles. However, risks also exist, such as the lower competitiveness of natural gas, its excess production capacity and dwindling consumption in some gas consumption industries, an insufficient driving force for facilitating the coal-to-gas transformation of industrial fuel users, reverse substitution of "coal in place of gas" in some enterprises, nontransparent costs of the downstream link of the natural gas price chain, and mismatches and nonsynchronous adjustments in natural gas prices and electricity prices.展开更多
The purpose of this study is to elicit how investments in agricultural development and food security would safeguard the Virgin Islands （BVI） and the Caribbean, by extension, from future global crisis. History shows...The purpose of this study is to elicit how investments in agricultural development and food security would safeguard the Virgin Islands （BVI） and the Caribbean, by extension, from future global crisis. History shows that agriculture played a significant role in the rise of civilization globally and was the main contributor to the Caribbean economy before the 1950＇s. Overall, it was determined that the BVI population, in general, is desirous of more investment opportunities within the agricultural sector, to assist with the alleviation of poverty at the national level, to advance economic development and trade across the region and to make sustainable development more attainable for the Caribbean, as a whole. To do this, agricultural development and food security must become the focal point of the BVI and other Caribbean economies. Accordingly, the paper recommends that investment within the agricultural sector be undertaken more aggressively across the region. The mixed research approach method was used to validate these claims.展开更多
Chinese Banks to Issue Large-denomination Certificates of Deposit The People’s Bank of China,the country’s central bank,issued a provisional regulation on June 2 that allows financial institutions to issue large-den...Chinese Banks to Issue Large-denomination Certificates of Deposit The People’s Bank of China,the country’s central bank,issued a provisional regulation on June 2 that allows financial institutions to issue large-denomination certificates of deposit(CD),giving banks more freedom in pricing interest rates.Individual investors can buy certificates of deposit worth at least RMB 300,000 and institutional investors at least RMB 10 million’s worth.展开更多
A computer analysis of solar heating has been performed for Palestine. Results are presented for a prototype building using either fuel oil or gas under different heating loads in three climatic regions （Jordan valle...A computer analysis of solar heating has been performed for Palestine. Results are presented for a prototype building using either fuel oil or gas under different heating loads in three climatic regions （Jordan valley, coastal, and hilly）. Cumulative cost flows are compared for the life-cycle present value technique. Optimum design magnitudes are determined for maximum life-cycle savings. The payback period for capital invested in a solar system, and total savings are found for the optimum conditions. Variations of system performance are estimated. The effects of collector slope, proportionate storage tank volume, heat-exchanger parameters, and the design load on system performance are studied. Finally the economics of solar heating in Palestine are discussed and recommendations are made for increased utilization of solar energy.展开更多
QFII Rules Loosened China has further loosened controls over the investment of Qualified Foreign Institutional Investors（QFII）to increase the opening up of the domestic capital market.China relaxed investment quotas...QFII Rules Loosened China has further loosened controls over the investment of Qualified Foreign Institutional Investors（QFII）to increase the opening up of the domestic capital market.China relaxed investment quotas for single institutions under QFII programs and allowed for more convenient capital flows,according to a new policy released by the State展开更多
基金National Natural Science Foundation of China!(No.69874 0 2 8)
文摘Market timing prediction of stock investment is an important decision problem with uncertainty and risk in the financial activity.An algorithm for market timing prediction of stock investment is proposed in this paper.Considering the close relationship in the stock market and the economic data,we find the correlation of synthetical economic data and the equity returns with the help of the combination of fuzzy logic and genetic algorithm.Finally,the application of stock market is included to test the effectiveness of the algorithm.
基金Under the auspices of the University of Melbourne
文摘China attracted a record of US$52.7× 10^9 in foreign direct investment （FDI） in the year 2002, surpassing the United States to become the world＇s largest FDI recipient. China＇s success in attracting FDI has received significant attention from academics. Several theoretical approaches have been developed to explain the determinants of FDI in China. However, it seems to be ignored that China has also become a growing provider of significant FDI to the rest of the world. According to United Nations Conference on Trade and Developlnent （UNCTAD）＇s 2004 report, as a developing country, replacing Japan, China has made the list of the expected top five home countries worldwide for the first time in terms of geographical coverage （2004-2005）. Vietnam is second largest market and another emerging transition tiger in Southeast Asia. Both China and Vietnam were and are experiencing transitions from centrally planned economy to free market economy. This paper, therefore, attempts to explore the development of Chinese investment in Vietnam, analysing the main motives for, and characteristics of, Chinese Multinational Enterprises＇ （MNEs） investment in Vietnam.
文摘The financial crisis has deeply affected Eastern European countries since the end of 2008. The global economic crisis put an end to a period when the region witnessed solid economic growth, high inflows of foreign investment and a dynamic real estate sector, which was one of the main drivers of the region＇s economic growth （Abelson, Kaemar, ＆ Jackofsky, 1990）. The Eastern European real estate market was deeply impacted by the crisis. Investment in real estate dropped sharply due to the significant increase in risks and difficulties in financial borrowing （Bruce, 1991）. Rising unemployment affected retail sales, as well as office net absorption. Take-up fell significantly in all markets： Transactions were of smaller size and demand for buildings decreased. On the supply side, vacancy increased sharply due to the high level of completions entering the market （Smith, 1992）. The strong rise in vacancy rates has put pressure on rents, which dropped sharply in 2008 and in early 2009. They started to stabilize only by the end of 2009. How will the Romanian real estate market evolve？ No one knows for certain. Through this work we try to get some predictions based on statistical theory and not on the lessons learned from other crises.
文摘This paper aims at providing an interpretation of economic crises within a theoretical framework where some elements of classical political economy are superimposed on the theoretical framework of the monetary theory of production. The dynamics of wages, of conspicuous consumption on the part of rentiers and of investments are taken into consideration, in order to show that economic crises largely depend on the combination of declining wage shares, increasing financial rents and the reduction of investments.
基金Fund project:"Development Research Center of Oil and Gas,Sichuan"(NO.SKY17-04)
文摘After more than 30 years of rapid growth, the Chinese economy has entered the "new normal" of moderately high growth. Due to the effects of multiple factors, the international oil price has remained consistently low. The low oil price has exerted critical effects on international natural gas investment. At the same time, the market-oriented price mechanism of natural gas in China is gradually taking shape; the concept of low carbon development is widely advocated; and the use of natural gas gains popularity in the city. Such factors provide great opportunities for investment in the natural gas market of China, including boiler coal-to-gas transformation, natural gas distributed energy and natural gas vehicles. However, risks also exist, such as the lower competitiveness of natural gas, its excess production capacity and dwindling consumption in some gas consumption industries, an insufficient driving force for facilitating the coal-to-gas transformation of industrial fuel users, reverse substitution of "coal in place of gas" in some enterprises, nontransparent costs of the downstream link of the natural gas price chain, and mismatches and nonsynchronous adjustments in natural gas prices and electricity prices.
文摘The purpose of this study is to elicit how investments in agricultural development and food security would safeguard the Virgin Islands （BVI） and the Caribbean, by extension, from future global crisis. History shows that agriculture played a significant role in the rise of civilization globally and was the main contributor to the Caribbean economy before the 1950＇s. Overall, it was determined that the BVI population, in general, is desirous of more investment opportunities within the agricultural sector, to assist with the alleviation of poverty at the national level, to advance economic development and trade across the region and to make sustainable development more attainable for the Caribbean, as a whole. To do this, agricultural development and food security must become the focal point of the BVI and other Caribbean economies. Accordingly, the paper recommends that investment within the agricultural sector be undertaken more aggressively across the region. The mixed research approach method was used to validate these claims.
文摘Chinese Banks to Issue Large-denomination Certificates of Deposit The People’s Bank of China,the country’s central bank,issued a provisional regulation on June 2 that allows financial institutions to issue large-denomination certificates of deposit(CD),giving banks more freedom in pricing interest rates.Individual investors can buy certificates of deposit worth at least RMB 300,000 and institutional investors at least RMB 10 million’s worth.
文摘A computer analysis of solar heating has been performed for Palestine. Results are presented for a prototype building using either fuel oil or gas under different heating loads in three climatic regions （Jordan valley, coastal, and hilly）. Cumulative cost flows are compared for the life-cycle present value technique. Optimum design magnitudes are determined for maximum life-cycle savings. The payback period for capital invested in a solar system, and total savings are found for the optimum conditions. Variations of system performance are estimated. The effects of collector slope, proportionate storage tank volume, heat-exchanger parameters, and the design load on system performance are studied. Finally the economics of solar heating in Palestine are discussed and recommendations are made for increased utilization of solar energy.
文摘QFII Rules Loosened China has further loosened controls over the investment of Qualified Foreign Institutional Investors（QFII）to increase the opening up of the domestic capital market.China relaxed investment quotas for single institutions under QFII programs and allowed for more convenient capital flows,according to a new policy released by the State
