Currently, the only central bank digital currencies (CBDC) in the world is Venezuela’s currency—Petro. Nowadays, the IMF, BIS, and major countries have conducted a lot of research on CBDC. It’s an urgent issue for the central bank to issue CBDC, determine and formulate the circulation of CBDC and the issuance speed, and supervise it. Therefore, establishing ARMA and VARs by sorting out literature, the paper uses the characteristics of CBDC--cash, and similarities with third-party payment in terms of payment to determine the circulation of CDBC by third-party payment users and currency in circulation. The model calculates and predicts the speed of circulation of digital currency. The issuance of CBDC will accelerate the circulation of money. In this regard, we will explore the impact of money supply on monetary policy and make relevant recommendations.
{"title":"The Research on the Money Supply of Central Bank Digital Currency","authors":"Yuxuan Chen, Kejie Zhou, Wenhao Yang","doi":"10.26549/JFR.V2I2.790","DOIUrl":"https://doi.org/10.26549/JFR.V2I2.790","url":null,"abstract":"Currently, the only central bank digital currencies (CBDC) in the world is Venezuela’s currency—Petro. Nowadays, the IMF, BIS, and major countries have conducted a lot of research on CBDC. It’s an urgent issue for the central bank to issue CBDC, determine and formulate the circulation of CBDC and the issuance speed, and supervise it. Therefore, establishing ARMA and VARs by sorting out literature, the paper uses the characteristics of CBDC--cash, and similarities with third-party payment in terms of payment to determine the circulation of CDBC by third-party payment users and currency in circulation. The model calculates and predicts the speed of circulation of digital currency. The issuance of CBDC will accelerate the circulation of money. In this regard, we will explore the impact of money supply on monetary policy and make relevant recommendations.","PeriodicalId":390233,"journal":{"name":"Journal of Finance Research","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2018-07-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116638282","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper attempts to establish a framework of upgrading mechanism in China’s foreign economic opening strategy in order to conclude the new connotation of upgrade for China’s foreign economic opening, with the basic starting point of ternary marginal extension on extensive growth, in the perspective of corporate heterogeneity theory. It also involves the new path of the transformation from “quantity” to “quality” regarding the amounts, models and locations of China’s foreign trade and investment. At last, this theoretical frame is complemented upon a case study of free trade zone and regional cooperation of Guangdong, Hong Kong and Macao.
{"title":"The Ternary Marginal Extension of China’s Free Trade Zone Development","authors":"Fangfang Wang, Yanru Liu, Juan Liu","doi":"10.26549/jfr.v2i2.791","DOIUrl":"https://doi.org/10.26549/jfr.v2i2.791","url":null,"abstract":"This paper attempts to establish a framework of upgrading mechanism in China’s foreign economic opening strategy in order to conclude the new connotation of upgrade for China’s foreign economic opening, with the basic starting point of ternary marginal extension on extensive growth, in the perspective of corporate heterogeneity theory. It also involves the new path of the transformation from “quantity” to “quality” regarding the amounts, models and locations of China’s foreign trade and investment. At last, this theoretical frame is complemented upon a case study of free trade zone and regional cooperation of Guangdong, Hong Kong and Macao.","PeriodicalId":390233,"journal":{"name":"Journal of Finance Research","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2018-07-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117086972","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Characteristic small cities and towns are the new vehicle for advancing new urbanization construction and supply-side reform. Zushan characteristic towns focus on tourism vacation, ecological livability, integration of production and cities, cultural heritage, poverty alleviation and other functions, and focus on building a new type of “product, city, and people” trinity, is a new benchmark for industrial transformation and upgrading. This article uses field surveys, interviews, and other methods to investigate the status quo of the construction of small towns with Zushan characteristics. Based on this, SWOT analysis of small towns is carried out, and the disadvantages and threats to its development are determined from the nature of towns and cities, infrastructure construction, and townships. Five suggestions were made for the construction of capital, the cultivation of special industries, and the determination of the main body of urban construction.
{"title":"Study on the Construction Path of Characteristic Small Cities and Towns from the Perspective of Supply-side Reform——Taking Zushan Town as an Example","authors":"Na Guo","doi":"10.26549/JFR.V2I2.793","DOIUrl":"https://doi.org/10.26549/JFR.V2I2.793","url":null,"abstract":"Characteristic small cities and towns are the new vehicle for advancing new urbanization construction and supply-side reform. Zushan characteristic towns focus on tourism vacation, ecological livability, integration of production and cities, cultural heritage, poverty alleviation and other functions, and focus on building a new type of “product, city, and people” trinity, is a new benchmark for industrial transformation and upgrading. This article uses field surveys, interviews, and other methods to investigate the status quo of the construction of small towns with Zushan characteristics. Based on this, SWOT analysis of small towns is carried out, and the disadvantages and threats to its development are determined from the nature of towns and cities, infrastructure construction, and townships. Five suggestions were made for the construction of capital, the cultivation of special industries, and the determination of the main body of urban construction.","PeriodicalId":390233,"journal":{"name":"Journal of Finance Research","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2018-07-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125712582","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Through this research about the relationship between entrepreneur’s spiritual capitals and employee creativity, this paper explores the influence mechanism of entrepreneur’s spiritual capital on employee creativity, and constructs a mediating model. The research shows that entrepreneur’s spiritual capital has positive predictive effect on employee creativity, and organizational innovation atmosphere plays a partial mediating role between them.
{"title":"Study on the Relationship between Entrepreneur’s Spiritual Capital and Employee Creativity","authors":"X. Chen, Jianping Gu, Evan David","doi":"10.26549/jfr.v2i2.792","DOIUrl":"https://doi.org/10.26549/jfr.v2i2.792","url":null,"abstract":"Through this research about the relationship between entrepreneur’s spiritual capitals and employee creativity, this paper explores the influence mechanism of entrepreneur’s spiritual capital on employee creativity, and constructs a mediating model. The research shows that entrepreneur’s spiritual capital has positive predictive effect on employee creativity, and organizational innovation atmosphere plays a partial mediating role between them.","PeriodicalId":390233,"journal":{"name":"Journal of Finance Research","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2018-07-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132769059","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The 21st century is an era of rapid development of informatization. Under the background of the development of this era, people are increasingly researching the application of information technology. The application of big data technology is the development and application trend of an information technology formed after the rapid development of modern information technology. Big data technology has been applied to the development of many industries, including the material bidding and procurement management as well. With the aid of scientific analysis of big data, it is possible to help material procurement management to analyze the corresponding bidding procurement information, which is an important guarantee for improving its bidding procurement management capabilities. In view of this, this article has conducted special research on the application of big data in material bidding and procurement management, hoping to provide references for the application of big data technology in material bidding and procurement management with the help of the research in this article.
{"title":"Application Research on Big Data in Material Bidding and Procurement Management","authors":"Ze-Jiong Zhou","doi":"10.26549/jfr.v2i2.789","DOIUrl":"https://doi.org/10.26549/jfr.v2i2.789","url":null,"abstract":"The 21st century is an era of rapid development of informatization. Under the background of the development of this era, people are increasingly researching the application of information technology. The application of big data technology is the development and application trend of an information technology formed after the rapid development of modern information technology. Big data technology has been applied to the development of many industries, including the material bidding and procurement management as well. With the aid of scientific analysis of big data, it is possible to help material procurement management to analyze the corresponding bidding procurement information, which is an important guarantee for improving its bidding procurement management capabilities. In view of this, this article has conducted special research on the application of big data in material bidding and procurement management, hoping to provide references for the application of big data technology in material bidding and procurement management with the help of the research in this article.","PeriodicalId":390233,"journal":{"name":"Journal of Finance Research","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2018-07-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133168310","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：