MARKET WATCH

正OPINION Stock Market:Waiting for a RallyThe initiation of deepening reforms following the Third Plenary Session of the 18th Central Committee of the Communist Party of China in November 2013 and the U.S.Federal Reserve’s(Fed)exit from quantitative easing(QE)are almost certain to exert a significant influence on China’s stock market in 2014.     

信息监管:我国信贷资产证券化监管之最优选择

信贷资产证券化作为一种金融创新,将间接融资直接化,打通了银行信用与市场信用,但其系统性风险的放大功能对流行的功能性金融监管模式也提出了严重挑战,美国次贷危机即彰显了现有监管模式对于信贷资产证券化的监管缺陷和失败。反思次贷危机的根源,本质上可以归咎于金融信息披露的严重失范。比较美国新的金融监管体系改革,立足中国实践,重构金融监管体系必须以信息监管为中心,以此构建一个统合的金融信息平台,形成有效的信息共享机制,并进一步完善金融机构和监管者对金融创新产品的全程信息披露制度,强化对金融消费者的保护。     

Measuring psychopathic traits in children through self-report. The development of the Youth Psychopathic Traits Inventory-Child Version

The current article investigates whether self-reports of children provide reliable and valid information concerning psychopathic personality traits and behaviours. For this purpose, we developed a downward extension of an existing adolescent self-report measure; the Youth Psychopathic traits Inventory [YPI; Andershed, H., Kerr, M., Stattin, H., & Levander, S. (2002). Psychopathic traits in non-referred youths: Initial test of a new assessment tool. In E.S. Blaauw, L. (Ed.), Psychopaths: Current international perspectives (pp. 131-158): The Hague: Elsevier], called the Youth Psychopathic traits Inventory-Child Version (YPI-CV). The reliability and validity of the YPI-CV were tested in n=360 children from the general population. The YPI-CV had good internal consistency and a three factor structure similar to the original adolescent version. Test-retest reliability over a 6-month period was adequate. In validating the instrument, both self, teacher and peer report were used. The convergent and divergent validity of the three YPI-CV dimensions was examined by relating each of them to an external criterion measures assessing the same construct. It was concluded that psychopathic traits can be measured reliably and meaningfully through self-report in 9 to 12 year olds and that the YPI-CV is potentially a useful instrument for doing so.     

无形资产转让过程中的价值评估

无形资产作为一种具有收益性的经济资源,必然存在所有权和（或）使用权转让的问题。同时,无形资产又具有价值核算方式的特殊性。通过探讨合理确定无形资产转让的价值,来解决无形资产转让过程中存在的实际问题。     

信贷扩张与资产价格泡沫：案例、机制与启示

回顾分析1929年大崩溃、1980年代末日本的资产价格泡沫以及2008年美国次贷危机,发现每次资产价格泡沫的过度膨胀都伴随着大规模的信贷扩张;而信贷急速扩张的背后,则是长期繁荣所形成的大众乐观以至疯狂情绪.这意味着,应该从更长远的政策视野推进宏观金融调控体系改革,构建金融和实体经济双稳定框架,以降低实体经济、信贷扩张与资产价格波动的同周期性所引发的泡沫风险.     

浅谈国有企业资产转让中的国有资产流失犯罪问题

近年来,国有企业资产转让中国有资产流失犯罪问题日趋严重。对此,必须采取尽快出台《国有资产管理法》和《资产评估法》,建立国有企业资产责任到人机制,改革国有企业工资分配制度,加强国有企业内部监督制约机制等措施,有效防范和打击该类犯罪。     

2008年中国法治政府建设大盘点

2008年中国法治政府建设伴随着依法治国,建设社会主义法治国家的进程迈出了坚定的步伐。在这一年,中国的法治政府建设围绕无边大爱这一新的历史主题,开始了行政程序建设的新实践,同时围绕着限制公共权力、信息公开、有权必有责等主题,实践了新的法治政府追求,为和谐中国奠定了坚实的基础。     

当前中国富裕阶层的海外移民浅析

新世纪以来,中国富裕阶层和知识精英正成为新一轮移民潮的主力军,越来越多的中国富裕阶层通过投资移民等方式移居海外,且大多前往欧美等西方发达国家。本文基于近年来国内外发布的有关国际移民和中国富裕阶层的相关报告,对当前中国富裕阶层以投资移民为主要方式的海外移民予以关注,着重从移民倾向、资产配置和海外投资等方面进行梳理和分析,并对中国富裕阶层移民海外的趋势和未来影响加以探讨。     

NUMBERS

正2.6 tln yuan China’s tax revenue in the first quarter,up 9.9percent year on year220.3 bln yuan Value-added tax exemption as of the end of March7.76 tln yuan Outstanding loans on land mortgage in 84major cities as of the end of 2013310.7 bln yuan The profits of centrally administered stateowned enterprises in the first quarter,an increase of 3.4 percent year on year     

Prediction of Police Officer Performance Among New Mexico State Police as Assessed by the Personality Assessment Inventory

Little research has been conducted regarding the use of the Personality Assessment Inventory (PAI) in law enforcement screening and selection. The limited body of research that does exist appears to support its utility in the selection process. The purpose of the present study was to investigate the validity and reliability of the Psychological Rating Risk Factor Statement (PRRFS) developed by Roberts, Thompson, and Johnson (2004) in predicting and discriminating problem from non-problem New Mexico State Police (NMSP) applicants. PAI profiles for each officer were obtained and transferred into the PAI Law Enforcement, Corrections, and Public Safety Selection software program, which generated probability estimates (PRRFS) to predict the likelihood that participants were not well-suited for a career in law enforcement. Subsequent logistic regression and receiver operating characteristic (ROC) statistical analyses revealed that the PRRFS was ineffective in predicting and discriminating between problem and non-problem officers. Potential explanations for this finding are discussed.