The paper firstly represents two kind statements of China money multipliers and theoretically analyzes the relationship between each structure factor and China money multiplier. Secondly, it summarizes the several fea...The paper firstly represents two kind statements of China money multipliers and theoretically analyzes the relationship between each structure factor and China money multiplier. Secondly, it summarizes the several features and the move trends of China narrow and broad money multipliers and their structure factors. Thirdly, the paper empirically analyzes how and what degree the each structure factor affects China narrow and broad money multipliers holding everything else constant. At last two important conclusions are got, that is, the required reserve ratio is the most associated with China money multipliers and the saving deposit ratio is more associated with that, the required reserve ratio and the interest rates can be used as the ways of affecting money aggregate by the People＇s Bank of China.展开更多
Every Spring Festival,my father gives me some lucky money.It makes me very happy.I usually spend most of my lucky money on pens and books.I like reading books and I think pens are useful in schoolwork.Sometimes I spen...Every Spring Festival,my father gives me some lucky money.It makes me very happy.I usually spend most of my lucky money on pens and books.I like reading books and I think pens are useful in schoolwork.Sometimes I spend the money buying lots of delicious food and share them with my friends.展开更多
For some people,spending money is easy,butsavingitishard.Saving is easier when you have a goal.Maybe your goal is to save for a new phone,a scooter or a fun trip.You can open asavings account.It gives you a place to s...For some people,spending money is easy,butsavingitishard.Saving is easier when you have a goal.Maybe your goal is to save for a new phone,a scooter or a fun trip.You can open asavings account.It gives you a place to save yourmoney.When you earn money,put some in the bank.Remembering your goal will help you savemoney.展开更多
Money plays an important role in our lives.Many of us receive pocket money from our parents,but how do we manage it?Do we spend it on everything we like,or do we use it wisely?Being wise with money is crucial,and here...Money plays an important role in our lives.Many of us receive pocket money from our parents,but how do we manage it?Do we spend it on everything we like,or do we use it wisely?Being wise with money is crucial,and here are some tips to help you do just that.展开更多
Ghanaian construction projects encounter a number of challenges, including low health, safety, and environmental requirements, poor performance, and time and cost overruns. To provide value for money (VFM) on governme...Ghanaian construction projects encounter a number of challenges, including low health, safety, and environmental requirements, poor performance, and time and cost overruns. To provide value for money (VFM) on government infrastructure projects in Ghana, this research assesses the roles of project consultants, specifically architects and quantity surveyors, and highlights important obstacles. A cross-sectional survey design involving architects and quantity surveyors yielded a 96% response rate after 100 questionnaires were distributed. Consultants’ responsibilities also include monitoring standards compliance, providing advice on delays, controlling budgets, and advising on project completion dates. Difficulties encompass a lack of promptness in decision-making, unethical conduct, political pressure, and inadequate focus on contract administration and construction audits. Project urgency, longevity, political clout, timely decision-making, and team experience are important variables that impact VFM. Policy makers and construction management practitioners should take note of the implications for Ghana’s public infrastructure projects.展开更多
This study investigated the impact of China’s monetary policy on both the money market and stock markets,assuming that non-policy variables would not respond contemporaneously to changes in policy variables.Monetary ...This study investigated the impact of China’s monetary policy on both the money market and stock markets,assuming that non-policy variables would not respond contemporaneously to changes in policy variables.Monetary policy adjustments are swiftly observed in money markets and gradually extend to the stock market.The study examined the effects of monetary policy shocks using three primary instruments:interest rate policy,reserve requirement ratio,and open market operations.Monthly data from 2007 to 2013 were analyzed using vector error correction(VEC)models.The findings suggest a likely presence of long-lasting and stable relationships among monetary policy,the money market,and stock markets.This research holds practical implications for Chinese policymakers,particularly in managing the challenges associated with fluctuation risks linked to high foreign exchange reserves,aiming to achieve autonomy in monetary policy and formulate effective monetary strategies to stimulate economic growth.展开更多
The main purpose of this study is to develop a mathematical model for calculating the probability of money laundering process, by monitoring the behavior of the client using 70 indicators of money laundering. The scie...The main purpose of this study is to develop a mathematical model for calculating the probability of money laundering process, by monitoring the behavior of the client using 70 indicators of money laundering. The scientific method used in this study （received from the Modern Criminology） has great investigative power and it is widely applicable. Hopefully the practical application of this study will increase greatly the probability of detection and punishment of the clients who are implicated in the process of money laundering. In particular, this study will be useful for banks, Financial Intelligence Unit （FIU） of Albania, Department of Economic Crime at the Ministry of Domestic Affairs and Albanian State Intelligence Service （SIS）. Also, the investigation of money laundering will be a useful tool to detect other crimes, such as drug trafficking, human trafficking, illegal arms trade, etc. The prevention of money laundering is simultaneously a powerful strike against terrorism both on national and international levels.展开更多
The purpose of this paper is to provide an economic overview of the costs and benefits of anti-money laundering （AML） rules. After defining and explaining the three stages of money laundering, the paper provides an ...The purpose of this paper is to provide an economic overview of the costs and benefits of anti-money laundering （AML） rules. After defining and explaining the three stages of money laundering, the paper provides an insight into the volume and development of money laundering activities in the Central and Eastern Europe. It relies on international, comparative studies outlines the impact of AML measures on banks and other financial intermediaries Conditions of reporting suspicious activity and government agencies, which use these reports to identify investigation targets, are also analysed. Moreover, the paper discusses possible reasons for the failure of AML rules to fight against the crimes and collateral damage caused by AML. These figures, which are presented in this scientific research, give an indication of how important the money laundering problem and the level of organized crime are.展开更多
The Quantity Theory of Money and the Theory of Credit Creation have been the major streams in the study of the quantity of money.Nowadays,monetary theory is dominated by the Quantity Theory of Money because the Moneta...The Quantity Theory of Money and the Theory of Credit Creation have been the major streams in the study of the quantity of money.Nowadays,monetary theory is dominated by the Quantity Theory of Money because the Monetarist School and the Rational Expectation School are both the advocates of the Quantity Theory of Money,which has resulted in a sharp decrease of scholars studying the Theory of Credit Creation.Nevertheless,the two theories will ultimately converge.Given that reason,we propose a new theory-Dynamic Quantity Theory of Money in this paper,by which the unification of the Quantity Theory of Money and the Theory of Credit Creation can be achieved.Based on the Dynamic Quantity Theory of Money,we further put forward the Theory of Money Operation Cycle,the Theory of Monetary Compensation and Theory of Investment Compensation targeting economic crises,expound why Quantitative Easing monetary policy fails and why Quantitative Easing does not cause inflation in the short term under the premise of these theories,and demonstrate the necessity of fiscal investment for rescuing economic crisis from the perspective of theories of money.展开更多
Current financial discourse suggests the imminence of a cashless society,a concept that arose from the global popularization of digital financial services and the development of technologies with the potential for app...Current financial discourse suggests the imminence of a cashless society,a concept that arose from the global popularization of digital financial services and the development of technologies with the potential for application in financial markets.However,claims about the impending obsolescence of paper money are neither disruptive nor a novelty.Instead,this paper argues that the conversion of money from paper to bits has been a gradual,adaptive process,and that money is already digital.Moreover,in this paper we propose that the statuses of electronic money(e-money)and banknotes have switched in the view of monetary authorities.展开更多
美国的中小企业占据了美国企业总数的99.7%,雇用了美国50%的劳动力(政府组织除外),支付薪酬占美国劳动力总薪酬的45%,在过去十年内每年创造了60-80%的新增就业机会。在评价中小企业对美国经济的贡献时,民主党出身的前总统克林顿说:"...美国的中小企业占据了美国企业总数的99.7%,雇用了美国50%的劳动力(政府组织除外),支付薪酬占美国劳动力总薪酬的45%,在过去十年内每年创造了60-80%的新增就业机会。在评价中小企业对美国经济的贡献时,民主党出身的前总统克林顿说:"小企业是美国经济的火车头"(Small business is the engine that runs the American economy),甚至称20世纪90年代为"小企业的年代"。在对小企业的评价上,共和党出身的现任总统布什说:"小企业是美国经济的心脏"(the heart of the American economy)。像微软、苹果、Google这样的国际化大企业,都是从个人化的小企业成长起来的。那么,美国的中小企业处于怎样一个适宜发展的环境中?中国的企业又能从美国成功企业身上学习到哪些经验?为此。展开更多
This study examined the effects of mobile money-a recent innovation in Uganda’s financial-sector landscape-on aggregate economic activity and other macroeconomic variables.We first estimated the long-run mobile-money...This study examined the effects of mobile money-a recent innovation in Uganda’s financial-sector landscape-on aggregate economic activity and other macroeconomic variables.We first estimated the long-run mobile-money demand function using vector error correction(VEC)techniques,distinguishing between balances and transfers/transactions.We then estimated the short-run effects of mobile money on selected macroeconomic variables using structural vector autoregressive(SVAR)methods.The results showed that mobile money had moderate positive effects on monetary aggregates,consumer price index,private-sector credit,and aggregate economic activity.Mobile money balances responded to changes in monetary policy instruments,signaling possible ameliorating effects for the conduct of monetary policy.Finally,the results showed that transactional motives related to mobile money had stronger macroeconomic effects than savings motives.展开更多
Pride and prejudice is a very popular novel written by Jane Austen and it is read widely all over the world. It was written in 1813. That specific history time decided that people at that time took money much more ser...Pride and prejudice is a very popular novel written by Jane Austen and it is read widely all over the world. It was written in 1813. That specific history time decided that people at that time took money much more seriously, even on their marriage. In this paper, the marriage cases of most characters in the book were taken as typical to analyze how money influenced their matrimonial value orientation.展开更多
In the paper, the data of the narrow money supply of China from January 2005 to March 2016 as sample, model is established by using Eviews6.0. Upon inspection, the model has good fitting effect (MAPE = 1.09) and high ...In the paper, the data of the narrow money supply of China from January 2005 to March 2016 as sample, model is established by using Eviews6.0. Upon inspection, the model has good fitting effect (MAPE = 1.09) and high prediction accuracy. According to the results of the model, the paper forecasts the development trend of the narrow money supply of China and puts forward some suggestions to provide reference for monetary policy of China.展开更多
一、原文 Two years ago,I gave my yearly talk before the Applied Philosophy Institute in Sunnyvale, California. The topic was"Money & God."The audience turnout was excellent.Almost everyone had some deep ...一、原文 Two years ago,I gave my yearly talk before the Applied Philosophy Institute in Sunnyvale, California. The topic was"Money & God."The audience turnout was excellent.Almost everyone had some deep feelings about money and God——taken separately or united in various holy and unholy alliances.展开更多
Longman Dictionary of Contemporary English谈到形容词enough的用法时说:“Enough can come before or after a plural or a mass noun。”井举了enough money/people和money/people enough作为例子。有的语法家可能就是因为这个不够...Longman Dictionary of Contemporary English谈到形容词enough的用法时说:“Enough can come before or after a plural or a mass noun。”井举了enough money/people和money/people enough作为例子。有的语法家可能就是因为这个不够详尽的解释,就认为形容词enough作定语时既可放在被修饰名词之前,也可放在被修饰名词之后,意义没有什么区别。可笔者认为作前置定语的enough和作后置定语的enough有时虽可互换,但所表达的意义不尽相同;有时且不可互换。本文打算从以下三个方面谈一下个人的看法,供大家参考。展开更多
Banks and other financial institutions handle sensitive records regarding people, trusts, and corporations. Money, as a sensitive and useful commodity, makes financial organizations valuable and prone to criminal elem...Banks and other financial institutions handle sensitive records regarding people, trusts, and corporations. Money, as a sensitive and useful commodity, makes financial organizations valuable and prone to criminal elements. Common criminal activities that target the banking sector include money laundering, identity and personal records theft, and terrorism financing. These are global issues that have garnered the attention of international bodies and governments. One method proposed to deal with illicit finance and money laundering is artificial intelligence (AI). AI implements various algorithms and techniques to monitor customers, markets, and financial transactions that help identify various banking habits. Understanding clients’ transactions and the nature of bank transfers enables AI to prevent and combat money laundering. This research offers an understanding of how artificial intelligence is used in the financial system to combat fraudulent activities such as money laundering. It is organized into five chapters covering various aspects of artificial intelligence and money laundering.展开更多
文摘The paper firstly represents two kind statements of China money multipliers and theoretically analyzes the relationship between each structure factor and China money multiplier. Secondly, it summarizes the several features and the move trends of China narrow and broad money multipliers and their structure factors. Thirdly, the paper empirically analyzes how and what degree the each structure factor affects China narrow and broad money multipliers holding everything else constant. At last two important conclusions are got, that is, the required reserve ratio is the most associated with China money multipliers and the saving deposit ratio is more associated with that, the required reserve ratio and the interest rates can be used as the ways of affecting money aggregate by the People＇s Bank of China.
文摘Every Spring Festival,my father gives me some lucky money.It makes me very happy.I usually spend most of my lucky money on pens and books.I like reading books and I think pens are useful in schoolwork.Sometimes I spend the money buying lots of delicious food and share them with my friends.
文摘For some people,spending money is easy,butsavingitishard.Saving is easier when you have a goal.Maybe your goal is to save for a new phone,a scooter or a fun trip.You can open asavings account.It gives you a place to save yourmoney.When you earn money,put some in the bank.Remembering your goal will help you savemoney.
文摘Money plays an important role in our lives.Many of us receive pocket money from our parents,but how do we manage it?Do we spend it on everything we like,or do we use it wisely?Being wise with money is crucial,and here are some tips to help you do just that.
文摘Ghanaian construction projects encounter a number of challenges, including low health, safety, and environmental requirements, poor performance, and time and cost overruns. To provide value for money (VFM) on government infrastructure projects in Ghana, this research assesses the roles of project consultants, specifically architects and quantity surveyors, and highlights important obstacles. A cross-sectional survey design involving architects and quantity surveyors yielded a 96% response rate after 100 questionnaires were distributed. Consultants’ responsibilities also include monitoring standards compliance, providing advice on delays, controlling budgets, and advising on project completion dates. Difficulties encompass a lack of promptness in decision-making, unethical conduct, political pressure, and inadequate focus on contract administration and construction audits. Project urgency, longevity, political clout, timely decision-making, and team experience are important variables that impact VFM. Policy makers and construction management practitioners should take note of the implications for Ghana’s public infrastructure projects.
文摘This study investigated the impact of China’s monetary policy on both the money market and stock markets,assuming that non-policy variables would not respond contemporaneously to changes in policy variables.Monetary policy adjustments are swiftly observed in money markets and gradually extend to the stock market.The study examined the effects of monetary policy shocks using three primary instruments:interest rate policy,reserve requirement ratio,and open market operations.Monthly data from 2007 to 2013 were analyzed using vector error correction(VEC)models.The findings suggest a likely presence of long-lasting and stable relationships among monetary policy,the money market,and stock markets.This research holds practical implications for Chinese policymakers,particularly in managing the challenges associated with fluctuation risks linked to high foreign exchange reserves,aiming to achieve autonomy in monetary policy and formulate effective monetary strategies to stimulate economic growth.
文摘The main purpose of this study is to develop a mathematical model for calculating the probability of money laundering process, by monitoring the behavior of the client using 70 indicators of money laundering. The scientific method used in this study （received from the Modern Criminology） has great investigative power and it is widely applicable. Hopefully the practical application of this study will increase greatly the probability of detection and punishment of the clients who are implicated in the process of money laundering. In particular, this study will be useful for banks, Financial Intelligence Unit （FIU） of Albania, Department of Economic Crime at the Ministry of Domestic Affairs and Albanian State Intelligence Service （SIS）. Also, the investigation of money laundering will be a useful tool to detect other crimes, such as drug trafficking, human trafficking, illegal arms trade, etc. The prevention of money laundering is simultaneously a powerful strike against terrorism both on national and international levels.
文摘The purpose of this paper is to provide an economic overview of the costs and benefits of anti-money laundering （AML） rules. After defining and explaining the three stages of money laundering, the paper provides an insight into the volume and development of money laundering activities in the Central and Eastern Europe. It relies on international, comparative studies outlines the impact of AML measures on banks and other financial intermediaries Conditions of reporting suspicious activity and government agencies, which use these reports to identify investigation targets, are also analysed. Moreover, the paper discusses possible reasons for the failure of AML rules to fight against the crimes and collateral damage caused by AML. These figures, which are presented in this scientific research, give an indication of how important the money laundering problem and the level of organized crime are.
文摘The Quantity Theory of Money and the Theory of Credit Creation have been the major streams in the study of the quantity of money.Nowadays,monetary theory is dominated by the Quantity Theory of Money because the Monetarist School and the Rational Expectation School are both the advocates of the Quantity Theory of Money,which has resulted in a sharp decrease of scholars studying the Theory of Credit Creation.Nevertheless,the two theories will ultimately converge.Given that reason,we propose a new theory-Dynamic Quantity Theory of Money in this paper,by which the unification of the Quantity Theory of Money and the Theory of Credit Creation can be achieved.Based on the Dynamic Quantity Theory of Money,we further put forward the Theory of Money Operation Cycle,the Theory of Monetary Compensation and Theory of Investment Compensation targeting economic crises,expound why Quantitative Easing monetary policy fails and why Quantitative Easing does not cause inflation in the short term under the premise of these theories,and demonstrate the necessity of fiscal investment for rescuing economic crisis from the perspective of theories of money.
基金This research received no specific grant from any funding agency in the public,commercial,or not-for-profit sectors.
文摘Current financial discourse suggests the imminence of a cashless society,a concept that arose from the global popularization of digital financial services and the development of technologies with the potential for application in financial markets.However,claims about the impending obsolescence of paper money are neither disruptive nor a novelty.Instead,this paper argues that the conversion of money from paper to bits has been a gradual,adaptive process,and that money is already digital.Moreover,in this paper we propose that the statuses of electronic money(e-money)and banknotes have switched in the view of monetary authorities.
文摘美国的中小企业占据了美国企业总数的99.7%,雇用了美国50%的劳动力(政府组织除外),支付薪酬占美国劳动力总薪酬的45%,在过去十年内每年创造了60-80%的新增就业机会。在评价中小企业对美国经济的贡献时,民主党出身的前总统克林顿说:"小企业是美国经济的火车头"(Small business is the engine that runs the American economy),甚至称20世纪90年代为"小企业的年代"。在对小企业的评价上,共和党出身的现任总统布什说:"小企业是美国经济的心脏"(the heart of the American economy)。像微软、苹果、Google这样的国际化大企业,都是从个人化的小企业成长起来的。那么,美国的中小企业处于怎样一个适宜发展的环境中?中国的企业又能从美国成功企业身上学习到哪些经验?为此。
文摘This study examined the effects of mobile money-a recent innovation in Uganda’s financial-sector landscape-on aggregate economic activity and other macroeconomic variables.We first estimated the long-run mobile-money demand function using vector error correction(VEC)techniques,distinguishing between balances and transfers/transactions.We then estimated the short-run effects of mobile money on selected macroeconomic variables using structural vector autoregressive(SVAR)methods.The results showed that mobile money had moderate positive effects on monetary aggregates,consumer price index,private-sector credit,and aggregate economic activity.Mobile money balances responded to changes in monetary policy instruments,signaling possible ameliorating effects for the conduct of monetary policy.Finally,the results showed that transactional motives related to mobile money had stronger macroeconomic effects than savings motives.
文摘Pride and prejudice is a very popular novel written by Jane Austen and it is read widely all over the world. It was written in 1813. That specific history time decided that people at that time took money much more seriously, even on their marriage. In this paper, the marriage cases of most characters in the book were taken as typical to analyze how money influenced their matrimonial value orientation.
文摘In the paper, the data of the narrow money supply of China from January 2005 to March 2016 as sample, model is established by using Eviews6.0. Upon inspection, the model has good fitting effect (MAPE = 1.09) and high prediction accuracy. According to the results of the model, the paper forecasts the development trend of the narrow money supply of China and puts forward some suggestions to provide reference for monetary policy of China.
文摘一、原文 Two years ago,I gave my yearly talk before the Applied Philosophy Institute in Sunnyvale, California. The topic was"Money & God."The audience turnout was excellent.Almost everyone had some deep feelings about money and God——taken separately or united in various holy and unholy alliances.
文摘Longman Dictionary of Contemporary English谈到形容词enough的用法时说:“Enough can come before or after a plural or a mass noun。”井举了enough money/people和money/people enough作为例子。有的语法家可能就是因为这个不够详尽的解释,就认为形容词enough作定语时既可放在被修饰名词之前,也可放在被修饰名词之后,意义没有什么区别。可笔者认为作前置定语的enough和作后置定语的enough有时虽可互换,但所表达的意义不尽相同;有时且不可互换。本文打算从以下三个方面谈一下个人的看法,供大家参考。
文摘Banks and other financial institutions handle sensitive records regarding people, trusts, and corporations. Money, as a sensitive and useful commodity, makes financial organizations valuable and prone to criminal elements. Common criminal activities that target the banking sector include money laundering, identity and personal records theft, and terrorism financing. These are global issues that have garnered the attention of international bodies and governments. One method proposed to deal with illicit finance and money laundering is artificial intelligence (AI). AI implements various algorithms and techniques to monitor customers, markets, and financial transactions that help identify various banking habits. Understanding clients’ transactions and the nature of bank transfers enables AI to prevent and combat money laundering. This research offers an understanding of how artificial intelligence is used in the financial system to combat fraudulent activities such as money laundering. It is organized into five chapters covering various aspects of artificial intelligence and money laundering.
