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A Fast and Memory-Efficient Direct Rendering Method for Polynomial-Based Implicit Surfaces
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作者 Jiayu Ren Susumu Nakata 《Computer Modeling in Engineering & Sciences》 SCIE EI 2024年第11期1033-1046,共14页
Three-dimensional surfaces are typically modeled as implicit surfaces.However,direct rendering of implicit surfaces is not simple,especially when such surfaces contain finely detailed shapes.One approach is ray-castin... Three-dimensional surfaces are typically modeled as implicit surfaces.However,direct rendering of implicit surfaces is not simple,especially when such surfaces contain finely detailed shapes.One approach is ray-casting,where the field of the implicit surface is assumed to be piecewise polynomials defined on the grid of a rectangular domain.A critical issue for direct rendering based on ray-casting is the computational cost of finding intersections between surfaces and rays.In particular,ray-casting requires many function evaluations along each ray,severely slowing the rendering speed.In this paper,a method is proposed to achieve direct rendering of polynomial-based implicit surfaces in real-time by strategically narrowing the search range and designing the shader to exploit the structure of piecewise polynomials.In experiments,the proposed method achieved a high framerate performance for different test cases,with a speed-up factor ranging from 1.1 to 218.2.In addition,the proposed method demonstrated better efficiency with high cell resolution.In terms of memory consumption,the proposed method saved between 90.94%and 99.64%in different test cases.Generally,the proposed method became more memoryefficient as the cell resolution increased. 展开更多
关键词 implicit surfaces direct rendering ray marching
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A Simple Embedding Method for the Laplace-Beltrami Eigenvalue Problem onImplicit Surfaces
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作者 Young Kyu Lee Shingyu Leung 《Communications on Applied Mathematics and Computation》 EI 2024年第2期1189-1216,共28页
We propose a simple embedding method for computing the eigenvalues and eigenfunctions of the Laplace-Beltrami operator on implicit surfaces.The approach follows an embedding approach for solving the surface eikonal eq... We propose a simple embedding method for computing the eigenvalues and eigenfunctions of the Laplace-Beltrami operator on implicit surfaces.The approach follows an embedding approach for solving the surface eikonal equation.We replace the differential operator on the interface with a typical Cartesian differential operator in the surface neighborhood.Our proposed algorithm is easy to implement and efficient.We will give some two-and three-dimensional numerical examples to demonstrate the effectiveness of our proposed approach. 展开更多
关键词 Laplace-Beltrami operator Level set method implicit representation EIGENVALUES Numerical PDEs
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Impaired implicit emotion regulation in patients with panic disorder:An event-related potential study on affect labeling
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作者 Hai-Yang Wang Li-Zhu Li +2 位作者 Yi Chang Xiao-Mei Pang Bing-Wei Zhang 《World Journal of Psychiatry》 SCIE 2024年第2期234-244,共11页
BACKGROUND Panic disorder(PD)involves emotion dysregulation,but its underlying mechanisms remain poorly understood.Previous research suggests that implicit emotion regulation may play a central role in PD-related emot... BACKGROUND Panic disorder(PD)involves emotion dysregulation,but its underlying mechanisms remain poorly understood.Previous research suggests that implicit emotion regulation may play a central role in PD-related emotion dysregulation and symptom maintenance.However,there is a lack of studies exploring the neural mechanisms of implicit emotion regulation in PD using neurophysiological indicators.AIM To study the neural mechanisms of implicit emotion regulation in PD with eventrelated potentials(ERP).METHODS A total of 25 PD patients and 20 healthy controls(HC)underwent clinical evaluations.The study utilized a case-control design with random sampling,selecting participants for the case group from March to December 2018.Participants performed an affect labeling task,using affect labeling as the experimental condition and gender labeling as the control condition.ERP and behavioral data were recorded to compare the late positive potential(LPP)within and between the groups.RESULTS Both PD and HC groups showed longer reaction times and decreased accuracy under the affect labeling.In the HC group,late LPP amplitudes exhibited a dynamic pattern of initial increase followed by decrease.Importantly,a significant group×condition interaction effect was observed.Simple effect analysis revealed a reduction in the differences of late LPP amplitudes between the affect labeling and gender labeling conditions in the PD group compared to the HC group.Furthermore,among PD patients under the affect labeling,the late LPP was negatively correlated with disease severity,symptom frequency,and intensity.CONCLUSION PD patients demonstrate abnormalities in implicit emotion regulation,hampering their ability to mobilize cognitive resources for downregulating negative emotions.The late LPP amplitude in response to affect labeling may serve as a potentially valuable clinical indicator of PD severity. 展开更多
关键词 Panic disorder implicit Emotion regulation Affect labeling Late positive potential
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Analysis of The Use of Implicit Nursing Knowledge in The Teaching of Cardiovascular Internal Medicine Nursing
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作者 Xianxiao Liu 《Journal of Clinical and Nursing Research》 2024年第4期191-196,共6页
Objective: To explore the utilization of implicit nursing knowledge in the teaching of cardiovascular internal medicine nursing and to provide a reference for improving the quality and efficiency of cardiovascular int... Objective: To explore the utilization of implicit nursing knowledge in the teaching of cardiovascular internal medicine nursing and to provide a reference for improving the quality and efficiency of cardiovascular internal medicine nursing work. Methods: Thirty-six trainee nurses working in the cardiovascular internal medicine department of our hospital from September 2022 to September 2023 were selected and randomly divided into a control group and an observation group of 18 trainees each. The control adopted the traditional teaching methods while the observation group adopted the implicit nursing knowledge in their clinical practice work. The assessment scores and teamwork ability of the two groups were analyzed and compared. Results: The performance of the observation group was better than that of the control group, and the difference between the two groups was statistically significant (P < 0.05). The teamwork ability of the observation group was significantly better than that of the control group in teamwork ability (P < 0.05). Conclusion: Implicit nursing knowledge teaching is conducive to the cultivation of high-quality nursing talents and meets the development needs of hospitals. Therefore, the importance of implicit nursing knowledge should be strengthened in the teaching of cardiovascular internal medicine nursing and it should be comprehensively organized to improve the quality of nursing services. 展开更多
关键词 implicit nursing knowledge Cardiovascular internal medicine Nursing teaching
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A REVERSE ORDER IMPLICIT Q-THEOREM AND THE ARNOLDI PROCESS
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作者 Gui-zhi Chen Zhong-xiao Jia 《Journal of Computational Mathematics》 SCIE CSCD 2002年第5期519-524,共6页
Presents a study that investigated the generalization of the reverse order implicit Q-theorem and its truncated version to the unsymmetric case. Background on the application of the Arnoldi process formulations for a ... Presents a study that investigated the generalization of the reverse order implicit Q-theorem and its truncated version to the unsymmetric case. Background on the application of the Arnoldi process formulations for a Krylov subspace; Computation of the vector sequence and the resulting Hessenberg matrix; Numerical results. 展开更多
关键词 implicit q-theorem reverse order implicit q-theorem truncated version Arnoldi process
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An efficient method for train-track-substructure dynamic interaction analysis by implicit-explicit integration and multi-time-step solution 被引量:1
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作者 Lei Xu Wanming Zhai +1 位作者 Shengyang Zhu Weizheng Liu 《Railway Engineering Science》 2023年第1期20-36,共17页
In this work,a method is put forward to obtain the dynamic solution efficiently and accurately for a large-scale train-track-substructure(TTS)system.It is called implicit-explicit integration and multi-time-step solut... In this work,a method is put forward to obtain the dynamic solution efficiently and accurately for a large-scale train-track-substructure(TTS)system.It is called implicit-explicit integration and multi-time-step solution method(abbreviated as mI-nE-MTS method).The TTS system is divided into train-track subsystem and substruc-ture subsystem.Considering that the root cause of low effi-ciency of obtaining TTS solution lies in solving the alge-braic equation of the substructures,the high-efficient Zhai method,an explicit integration scheme,can be introduced to avoid matrix inversion process.The train-track system is solved by implicitly Park method.Moreover,it is known that the requirement of time step size differs for different sub-systems,integration methods and structural frequency response characteristics.A multi-time-step solution is pro-posed,in which time step size for the train-track subsystem and the substructure subsystem can be arbitrarily chosen once satisfying stability and precision demand,namely the time spent for m implicit integral steps is equal to n explicit integral steps,i.e.,mI=nE as mentioned above.The numeri-cal examples show the accuracy,efficiency,and engineering practicality of the proposed method. 展开更多
关键词 Train-track dynamic interaction Substructure system implicit integration Explicit integration Multi-time-step solution Railway engineering
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Implicit Continuous User Authentication for Mobile Devices based on Deep Reinforcement Learning 被引量:1
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作者 Christy James Jose M.S.Rajasree 《Computer Systems Science & Engineering》 SCIE EI 2023年第2期1357-1372,共16页
The predominant method for smart phone accessing is confined to methods directing the authentication by means of Point-of-Entry that heavily depend on physiological biometrics like,fingerprint or face.Implicit continuou... The predominant method for smart phone accessing is confined to methods directing the authentication by means of Point-of-Entry that heavily depend on physiological biometrics like,fingerprint or face.Implicit continuous authentication initiating to be loftier to conventional authentication mechanisms by continuously confirming users’identities on continuing basis and mark the instant at which an illegitimate hacker grasps dominance of the session.However,divergent issues remain unaddressed.This research aims to investigate the power of Deep Reinforcement Learning technique to implicit continuous authentication for mobile devices using a method called,Gaussian Weighted Cauchy Kriging-based Continuous Czekanowski’s(GWCK-CC).First,a Gaussian Weighted Non-local Mean Filter Preprocessing model is applied for reducing the noise pre-sent in the raw input face images.Cauchy Kriging Regression function is employed to reduce the dimensionality.Finally,Continuous Czekanowski’s Clas-sification is utilized for proficient classification between the genuine user and attacker.By this way,the proposed GWCK-CC method achieves accurate authen-tication with minimum error rate and time.Experimental assessment of the pro-posed GWCK-CC method and existing methods are carried out with different factors by using UMDAA-02 Face Dataset.The results confirm that the proposed GWCK-CC method enhances authentication accuracy,by 9%,reduces the authen-tication time,and error rate by 44%,and 43%as compared to the existing methods. 展开更多
关键词 Deep reinforcement learning gaussian weighted non-local meanfilter cauchy kriging regression continuous czekanowski’s implicit continuous authentication mobile devices
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Speeding-up direct implicit particle-in-cell simulations in bounded plasma by obtaining future electric field through explicitly propulsion of particles
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作者 谭海云 黄天源 +3 位作者 季佩宇 周铭杰 诸葛兰剑 吴雪梅 《Chinese Physics B》 SCIE EI CAS CSCD 2023年第12期430-440,共11页
The direct implicit particle-in-cell is a powerful kinetic method for researching plasma characteristics.However,it is time-consuming to obtain the future electromagnetic field in such a method since the field equatio... The direct implicit particle-in-cell is a powerful kinetic method for researching plasma characteristics.However,it is time-consuming to obtain the future electromagnetic field in such a method since the field equations contain time-dependent matrix coefficients.In this work,we propose to explicitly push particles and obtain the future electromagnetic field based on the information about the particles in the future.The new method retains the form of implicit particle pusher,but the future field is obtained by solving the traditional explicit equation.Several numerical experiments,including the motion of charged particle in electromagnetic field,plasma sheath,and free diffusion of plasma into vacuum,are implemented to evaluate the performance of the method.The results demonstrate that the proposed method can suppress finite-grid-instability resulting from the coarse spatial resolution in electron Debye length through the strong damping of high-frequency plasma oscillation,while accurately describe low-frequency plasma phenomena,with the price of losing the numerical stability at large time-step.We believe that this work is helpful for people to research the bounded plasma by using particle-in-cell simulations. 展开更多
关键词 PARTICLE-IN-CELL direct implicit simulation finite-grid-instability
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Interactive Restoration of Three-Dimensional Implicit Surface with Irregular Parts
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作者 Jiayu Ren Yoshihisa Fujita Susumu Nakata 《Computer Modeling in Engineering & Sciences》 SCIE EI 2023年第9期2111-2125,共15页
Implicit surface generation based on the interpolation of surface points is one of the well-known modeling methods in the area of computer graphics.Several methods for the implicit surface reconstruction from surface ... Implicit surface generation based on the interpolation of surface points is one of the well-known modeling methods in the area of computer graphics.Several methods for the implicit surface reconstruction from surface points have been proposed on the basis of radial basis functions,a weighted sum of local functions,splines,wavelets,and combinations of them.However,if the surface points contain errors or are sparsely distributed,irregular components,such as curvature-shaped redundant bulges and unexpectedly generated high-frequency components,are commonly seen.This paper presents a framework for restoring irregular components generated on and around surfaces.Users are assumed to specify local masks that cover irregular components and parameters that determine the degree of restoration.The algorithm in this paper removes the defects based on the user-specific masks and parameters.Experiments have shown that the proposed methods can effectively remove redundant protrusions and jaggy noise. 展开更多
关键词 Shape modeling implicit surfaces interactive restoration
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Grey Wolf-Based Method for an Implicit Authentication of Smartphone Users
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作者 Abdulwahab Ali Almazroi Mohamed Meselhy Eltoukhy 《Computers, Materials & Continua》 SCIE EI 2023年第5期3729-3741,共13页
Smartphones have now become an integral part of our everyday lives.User authentication on smartphones is often accomplished by mechanisms(like face unlock,pattern,or pin password)that authenticate the user’s identity... Smartphones have now become an integral part of our everyday lives.User authentication on smartphones is often accomplished by mechanisms(like face unlock,pattern,or pin password)that authenticate the user’s identity.These technologies are simple,inexpensive,and fast for repeated logins.However,these technologies are still subject to assaults like smudge assaults and shoulder surfing.Users’touch behavior while using their cell phones might be used to authenticate them,which would solve the problem.The performance of the authentication process may be influenced by the attributes chosen(from these behaviors).The purpose of this study is to present an effective authentication technique that implicitly offers a better authentication method for smartphone usage while avoiding the cost of a particular device and considering the constrained capabilities of smartphones.We began by concentrating on feature selection methods utilizing the grey wolf optimization strategy.The random forest classifier is used to evaluate these tactics.The testing findings demonstrated that the grey wolf-based methodology works as a better optimum feature selection for building an implicit authentication mechanism for the smartphone environment when using a public dataset.It achieved a 97.89%accuracy rate while utilizing just 16 of the 53 characteristics like utilizing minimum mobile resources mainly;processing power of the device and memory to validate individuals.Simultaneously,the findings revealed that our approach has a lower equal error rate(EER)of 0.5104,a false acceptance rate(FAR)of 1.00,and a false rejection rate(FRR)of 0.0209 compared to the methods discussed in the literature.These promising results will be used to create a mobile application that enables implicit validation of authorized users yet avoids current identification concerns and requires fewer mobile resources. 展开更多
关键词 Smartphone authentication implicit authentication grey wolf random forest feature selection
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A New Analysis of an Implicit Mimetic Scheme for the Heat Equation
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作者 Mariela Castillo Nava Juan Manuel Guevara-Jordan 《Journal of Applied Mathematics and Physics》 2023年第3期841-857,共17页
A mimetic finite difference scheme for the transient heat equation under Robin’s conditions is presented. The scheme uses second order gradient and divergence mimetic operators, on a staggered grid, to approximate th... A mimetic finite difference scheme for the transient heat equation under Robin’s conditions is presented. The scheme uses second order gradient and divergence mimetic operators, on a staggered grid, to approximate the space derivatives. The temporal derivative is replaced by a first order backward difference approximation to obtain an implicit formulation. The resulting scheme contains nonstandard finite difference stencils. An original convergence analysis by the matrix’s method shows that the proposed scheme is unconditionally stable. A comparative study against standard finite difference schemes, based on central difference or first order one side approximations, reveals the advantages of our scheme without being its implementation more expensive or difficult to achieve. 展开更多
关键词 MIMETIC Finite Difference Robin’s Condition implicit STABLE TRANSIENT Heat
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Solving Arithmetic Word Problems of Entailing Deep Implicit Relations by Qualia Syntax-Semantic Model
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作者 Hao Meng Xinguo Yu +3 位作者 Bin He Litian Huang Liang Xue Zongyou Qiu 《Computers, Materials & Continua》 SCIE EI 2023年第10期541-555,共15页
Solving arithmetic word problems that entail deep implicit relations is still a challenging problem.However,significant progress has been made in solving Arithmetic Word Problems(AWP)over the past six decades.This pap... Solving arithmetic word problems that entail deep implicit relations is still a challenging problem.However,significant progress has been made in solving Arithmetic Word Problems(AWP)over the past six decades.This paper proposes to discover deep implicit relations by qualia inference to solve Arithmetic Word Problems entailing Deep Implicit Relations(DIR-AWP),such as entailing commonsense or subject-domain knowledge involved in the problem-solving process.This paper proposes to take three steps to solve DIR-AWPs,in which the first three steps are used to conduct the qualia inference process.The first step uses the prepared set of qualia-quantity models to identify qualia scenes from the explicit relations extracted by the Syntax-Semantic(S2)method from the given problem.The second step adds missing entities and deep implicit relations in order using the identified qualia scenes and the qualia-quantity models,respectively.The third step distills the relations for solving the given problem by pruning the spare branches of the qualia dependency graph of all the acquired relations.The research contributes to the field by presenting a comprehensive approach combining explicit and implicit knowledge to enhance reasoning abilities.The experimental results on Math23K demonstrate hat the proposed algorithm is superior to the baseline algorithms in solving AWPs requiring deep implicit relations. 展开更多
关键词 Arithmetic word problem implicit quantity relations qualia syntax-semantic model
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Knowledge-enriched joint-learning model for implicit emotion cause extraction
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作者 Chenghao Wu Shumin Shi +1 位作者 Jiaxing Hu Heyan Huang 《CAAI Transactions on Intelligence Technology》 SCIE EI 2023年第1期118-128,共11页
Emotion cause extraction(ECE)task that aims at extracting potential trigger events of certain emotions has attracted extensive attention recently.However,current work neglects the implicit emotion expressed without an... Emotion cause extraction(ECE)task that aims at extracting potential trigger events of certain emotions has attracted extensive attention recently.However,current work neglects the implicit emotion expressed without any explicit emotional keywords,which appears more frequently in application scenarios.The lack of explicit emotion information makes it extremely hard to extract emotion causes only with the local context.Moreover,an entire event is usually across multiple clauses,while existing work merely extracts cause events at clause level and cannot effectively capture complete cause event information.To address these issues,the events are first redefined at the tuple level and a span-based tuple-level algorithm is proposed to extract events from different clauses.Based on it,a corpus for implicit emotion cause extraction that tries to extract causes of implicit emotions is constructed.The authors propose a knowledge-enriched jointlearning model of implicit emotion recognition and implicit emotion cause extraction tasks(KJ-IECE),which leverages commonsense knowledge from ConceptNet and NRC_VAD to better capture connections between emotion and corresponding cause events.Experiments on both implicit and explicit emotion cause extraction datasets demonstrate the effectiveness of the proposed model. 展开更多
关键词 emotion cause extraction external knowledge fusion implicit emotion recognition joint learning
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Quinpi:Integrating Conservation Laws with CWENO Implicit Methods
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作者 G.Puppo M.Semplice G.Visconti 《Communications on Applied Mathematics and Computation》 2023年第1期343-369,共27页
Many interesting applications of hyperbolic systems of equations are stiff,and require the time step to satisfy restrictive stability conditions.One way to avoid small time steps is to use implicit time integration.Im... Many interesting applications of hyperbolic systems of equations are stiff,and require the time step to satisfy restrictive stability conditions.One way to avoid small time steps is to use implicit time integration.Implicit integration is quite straightforward for first-order schemes.High order schemes instead also need to control spurious oscillations,which requires limiting in space and time also in the linear case.We propose a framework to simplify considerably the application of high order non-oscillatory schemes through the introduction of a low order implicit predictor,which is used both to set up the nonlinear weights of a standard high order space reconstruction,and to achieve limiting in time.In this preliminary work,we concentrate on the case of a third-order scheme,based on diagonally implicit Runge Kutta(DIRK)integration in time and central weighted essentially non-oscillatory(CWENO)reconstruction in space.The numerical tests involve linear and nonlinear scalar conservation laws. 展开更多
关键词 implicit schemes Essentially non-oscillatory schemes Finite volumes WENO and CWENO reconstructions
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Deinterleaving of radar pulse based on implicit feature
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作者 GUO Qiang TENG Long +2 位作者 WU Xinliang QI Liangang SONG Wenming 《Journal of Systems Engineering and Electronics》 SCIE EI CSCD 2023年第6期1537-1549,共13页
In the complex countermeasure environment,the pulse description words(PDWs)of the same type of multi-function radar emitters are similar in multiple dimensions.Therefore,it is difficult for conventional methods to dei... In the complex countermeasure environment,the pulse description words(PDWs)of the same type of multi-function radar emitters are similar in multiple dimensions.Therefore,it is difficult for conventional methods to deinterleave such emitters.In order to solve this problem,a pulse deinterleaving method based on implicit features is proposed in this paper.The proposed method introduces long short-term memory(LSTM)neural networks and statistical analysis to mine new features from similar PDW features,that is,the variation law(implicit features)of pulse sequences of different radiation sources over time.The multi-function radar emitter is deinterleaved based on the pulse sequence variation law.Statistical results show that the proposed method not only achieves satisfactory performance,but also has good robustness. 展开更多
关键词 multi-functional radars of the same type pulse deinterleaving pulse amplitude implicit feature long short-term memory(LSTM)neural networks.
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A novel three-step implicit iteration process for threeΦ-hemicontractive mapping in the intermediate sense
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作者 Godwin Amechi Okeke Austine Efut Ofem 《Applied Mathematics(A Journal of Chinese Universities)》 SCIE CSCD 2023年第2期248-263,共16页
In this paper,we introduce a three-step composite implicit iteration process for approximating the common fixed point of three uniformly continuous and asymptotically generalizedΦ-hemicontractive mappings in the inte... In this paper,we introduce a three-step composite implicit iteration process for approximating the common fixed point of three uniformly continuous and asymptotically generalizedΦ-hemicontractive mappings in the intermediate sense.We prove that our proposed iteration process converges to the common fixed point of three finite family of asymptotically generalizedΦ-hemicontractive mappings in the intermediate sense.Our results extends,improves and complements several known results in literature. 展开更多
关键词 xed point asymptotically genralizedΦ-hemicontractive mapping in the intermediate sense uniformly continuos implicit iteration process strong convergence Banach spaces
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基于在线同伴互评的内隐行为规律挖掘及其影响机理研究 被引量:1
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作者 姜强 冯雅楠 +2 位作者 金美伶 赵蔚 颜秉刚 《现代远距离教育》 CSSCI 2024年第1期32-44,共13页
学习行为规律能够有效预测学业成绩,是开展个性化教育的关键,但大部分研究成果以探究学生的外显学习行为为主,对学生内隐行为的分析与挖掘较少。同伴互评是表征学习内隐行为的重要方式,文章以其产生的评语和反馈为分析对象,采用定量内... 学习行为规律能够有效预测学业成绩,是开展个性化教育的关键,但大部分研究成果以探究学生的外显学习行为为主,对学生内隐行为的分析与挖掘较少。同伴互评是表征学习内隐行为的重要方式,文章以其产生的评语和反馈为分析对象,采用定量内容分析、滞后序列分析法和社会网络分析法,从情感、认知和元认知角度分析高、低成绩学生的内隐行为,并引入系统动力学方法剖析基于在线同伴互评的内隐行为影响机理。依据同伴互评中内隐行为所表现出的情感、认知和元认知差异,洞悉学习过程数据背后隐藏的学习成长轨迹,促进学生自主学习,支持教师及时、精准、有效地进行在线学业预警。 展开更多
关键词 内隐行为 同伴互评 情感 认知 元认知
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“三全育人”理念下大学生职业素养指标体系的构建 被引量:1
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作者 张广秋 隋志佳 +1 位作者 宋国学 周建伦 《黑龙江教师发展学院学报》 2024年第6期66-72,共7页
基于“三全育人”理念,以大学生隐性职业素养开发来补充和完善传统的显性职业素养开发的理念,衡量分析目前高校的职业素养开发状况,以全员、全过程、全方位的理念探讨大学生职业素养指标体系的构建,根据目前高校的职业素养教育以及企业... 基于“三全育人”理念,以大学生隐性职业素养开发来补充和完善传统的显性职业素养开发的理念,衡量分析目前高校的职业素养开发状况,以全员、全过程、全方位的理念探讨大学生职业素养指标体系的构建,根据目前高校的职业素养教育以及企业管理实践,明确大学生显性职业素养指标和隐性职业素养指标,并突出职业政治素质教育,把思想价值引领贯穿大学生就业教育全过程和各环节,争取能够实现就业思政,培养综合性人才的教育目标。 展开更多
关键词 “三全育人” 显性职业素养 隐性职业素养
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债务置换改善了地方政府债务可持续性吗? 被引量:2
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作者 李一花 乔栋 《财经理论与实践》 CSSCI 北大核心 2024年第1期48-57,共10页
2015年后实施的债务置换对地方政府债务可持续性的影响值得关注。为此,将债务置换作为准自然实验,以2008—2020年285个城市为样本,检验债务置换对债务可持续性的影响。结果发现:债务置换对隐性债务和经济增长产生了双重不利影响。其一,... 2015年后实施的债务置换对地方政府债务可持续性的影响值得关注。为此,将债务置换作为准自然实验,以2008—2020年285个城市为样本,检验债务置换对债务可持续性的影响。结果发现:债务置换对隐性债务和经济增长产生了双重不利影响。其一,债务置换降低债务利息负担,拉长债务期限,虽然缓解了流动性风险,但债务置换助长地方政府道德风险,强化金融机构救助预期,导致隐性债务继续增加,总体上不利于债务可持续性。其二,债务置换产生明显挤出效应,也降低了地方政府债务支出效率,损害了经济增长,同样不利于债务可持续性。鉴于此,应重点防范债务置换过程中产生的负面作用,以提高地方政府债务治理的有效性。 展开更多
关键词 债务置换 债务可持续性 地方政府债务 债务风险 隐性债务
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城投信仰与城投债的定价 被引量:1
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作者 张金宝 《系统管理学报》 CSSCI CSCD 北大核心 2024年第2期460-471,共12页
探讨了如何估计地方政府融资平台发行的城投债的隐性担保问题。尽管新的《预算法》规定“地方政府不再为任何机构提供担保”,但城投债的市场价格表明,投资者仍然相信地方政府会为城投债提供隐性担保,即存在所谓的“城投信仰”。将城投... 探讨了如何估计地方政府融资平台发行的城投债的隐性担保问题。尽管新的《预算法》规定“地方政府不再为任何机构提供担保”,但城投债的市场价格表明,投资者仍然相信地方政府会为城投债提供隐性担保,即存在所谓的“城投信仰”。将城投信仰定义为市场价格中所隐含的“政府为城投债提供担保的概率”,分析了政府提供担保和无担保两种状态下的城投债价格。利用期权定价理论给出了考虑城投信仰的城投债定价公式,并给出利用城投债交易价格数据测算城投信仰的方法和实例。本文的方法基于城投债的产品层面而非行业层面,在城投信仰面临分化的情况下,可更深入地研究政府隐性担保对城投债价格的影响,有助于更理性地看待和评价城投债的隐性担保问题。 展开更多
关键词 隐性担保 城投债 城投信仰 债券定价
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