{"title":"Analysis of Relationship Between Alcohol Consumption and People’s Unemployment","authors":"Qiyu Chen, Zidong Ji, Lan Chen, Qi Huang","doi":"10.2991/aebmr.k.210917.088","DOIUrl":"https://doi.org/10.2991/aebmr.k.210917.088","url":null,"abstract":"This paper examines the correlation between unemployment in the labor market and individual consumption of alcohol. It uses the data from the National Longitudinal Survey of Youth (NLSY). It includes information on labor market results, alcohol consumption, and assorted individuals' demographics every two years in 1989 and 1994. The data are restricted to young adults between the ages of 24 and 32 in 1989 (and hence 29-32 in 1994). Each person has a unique identifier (variables named id), and the year is represented by the specified variable. The variable names of these data use STATA software for data processing and variable analysis. The standardized data were used to analyze the main components of years, including 1989 and 1994. The PCA method needs to evaluate the Eigenvalue of the result, which reflects the degree to which the main component affects the original variable. And KMO is used to measure the strength of the correlation between variables by comparing the correlation coefficients of the variables with the coefficients of bias correlation. By analyzing these variables' data, the number of days in the last month the individual has at least 1 drink is significant with the unemployment rate. One interesting phenomenon in other possible variables is the impact of the number of years of education the individual's father has on the unemployment rate is not significant in 1989, but the dad's education back to significant variables list.","PeriodicalId":371105,"journal":{"name":"Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)","volume":"63 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126623534","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}
{"title":"Research on Shanghai’s Economic Influencing Factors Based on Grey Relational Analysis","authors":"Wang Lingyi","doi":"10.2991/aebmr.k.210917.031","DOIUrl":"https://doi.org/10.2991/aebmr.k.210917.031","url":null,"abstract":"Affected by the new crown epidemic, the world economy has been in a long-term downturn, but the Chinese economy can achieve positive economic growth under this situation. As an important economic centre in China, studying the influencing factors behind Shanghai's economy is significant for improving China's economic development. This paper uses the grey relational analysis method to conduct an empirical study on the relationship between Shanghai's economic development, urban environment and other indicators. The study found a large degree of correlation between the various indicators in the index system and the economic development of Shanghai, but the correlation degrees corresponding to different indicators are different. Based on the influenced factors, this article puts forward policy recommendations for Shanghai's economic development, such as increasing environmental protection and provides a theoretical basis for promoting Shanghai's economic growth.","PeriodicalId":371105,"journal":{"name":"Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)","volume":"153 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116414718","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}
{"title":"How Should Zara Optimize Its Marketing Strategies to Cater to the Needs of New Generations – Gen Z and Millennials","authors":"Yue Li","doi":"10.2991/aebmr.k.210917.048","DOIUrl":"https://doi.org/10.2991/aebmr.k.210917.048","url":null,"abstract":"","PeriodicalId":371105,"journal":{"name":"Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)","volume":"93 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115980820","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}
{"title":"The Progress of Credit Linked Note Based on Products from Different Regions","authors":"Yixiang Sun","doi":"10.2991/aebmr.k.210917.007","DOIUrl":"https://doi.org/10.2991/aebmr.k.210917.007","url":null,"abstract":"Credit Linked Note (CLN) is a kind of structured financial derivative that is booming. Based on analysis and comparisons toward different kinds of CLN products from different countries, the current status of CLN products has been introduced. Specifically, the characteristics (e.g., rates and periods) are discussed, showing CLN has been experiencing significant progress. Subsequently, the potential risks of the CLN are discussed and evaluated from the view of the CLN issuer, reference entity, and eligible investment goods. These results shed light for investors who are going to make an investment or are interested in CLN. According to the analysis and evaluation, CLN can be considered to have a bright future.","PeriodicalId":371105,"journal":{"name":"Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132464270","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}
{"title":"Inequality and Optimal Top Income Tax in Australia","authors":"H. Lin, Chang Tian","doi":"10.2991/aebmr.k.210917.076","DOIUrl":"https://doi.org/10.2991/aebmr.k.210917.076","url":null,"abstract":"Inequality is a widely discussed topic and common phenomenon all over the world. This report provides a board view of inequality in Australia, which has top rank equality among 35 OECD countries. Although inequality has been upward trending for all over the world include Australia. For various inequality indicators, the inequality upward trends have been witnessed. Tax policy has been one of the most effective tools used by government to tackle this inequality problem, the main idea is to redistribute the wealth of the society to achieve higher utility. Different tax rates have been imposed on different income classes for the purpose, optimal labour income taxation theory by Diamond and Zaez'11 has been applied in the report to determine the theoretical optimal rate for Australia, the theoretical optimal tax rate for top 4% income class is 0.49 with a 0.5 elasticity, and theoretical rate in this report is actually higher than the actual rate, suggesting the Australia government could raise the tax rate to reduce inequality. A further step to take is investment in education system because the educational attainment is highly persistent and education is one of the key reasons for higher income.","PeriodicalId":371105,"journal":{"name":"Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)","volume":"62 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121985039","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}
{"title":"The Change of Trends of Client-based Games Market and Mobile Games Market and Their Analysis","authors":"Chen Qiyan, Chen Pinmo, Zheng Ziling","doi":"10.2991/aebmr.k.210917.057","DOIUrl":"https://doi.org/10.2991/aebmr.k.210917.057","url":null,"abstract":"Since 2016, Chinese client games have stopped growing while Chinese mobile games have taken the place of Chinese client games and increased dramatically. The reason behind this is worthy of exploration. It can be predicted that the thriving of mobile games would closely correlate to the declining Chinese client games. This article intends to find out the reason why Chinese client games lose market share and look for the solution to assist Chinese client games in regaining the lost market share. Qualitative and quantitative methods as well as a secondary source are adopted in this article to carry out the research. The study concludes that Client-side games can return to rapid growth by learning the benefits of mobile games, such as shortening single gameplay and creating a community atmosphere.","PeriodicalId":371105,"journal":{"name":"Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)","volume":"47 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116821113","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}
{"title":"Is Kuaishou an Exceptional Investing Opportunity?","authors":"Qiyan Wu, Yucheng Qin","doi":"10.2991/aebmr.k.210917.021","DOIUrl":"https://doi.org/10.2991/aebmr.k.210917.021","url":null,"abstract":"","PeriodicalId":371105,"journal":{"name":"Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)","volume":"98 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116103950","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}
{"title":"The Relationships of Monetary Policy and the Real Estate Stocks Market","authors":"Shinhong Lao","doi":"10.2991/aebmr.k.210917.002","DOIUrl":"https://doi.org/10.2991/aebmr.k.210917.002","url":null,"abstract":"Currently, with the rapid development of China, the real estate industry as the pillar of the Chinese economy and the scale of investment continues to expand. The rapid rise of real estate prices will cause the real estate bubble appears. The real estate industry is not only influenced by the supply and demand, also affected the national macro-control policies. This paper based on the previous studies and selects the monthly data of real estate stocks markets and money supply(M2) from January 2015 to March 2021. The study created Vector Auto Regression model (VAR1,4) and shows significant interaction between real estate stocks prices and money supply.","PeriodicalId":371105,"journal":{"name":"Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132548346","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}
{"title":"Analysis of Enterprise Operation Under the Impact of COVID-19 Epidemic: A Case Study of Nike Inc.","authors":"Sihan Meng, Beichen Wei, Gaozhen Xu, Ruimeng Zhang","doi":"10.2991/aebmr.k.210917.024","DOIUrl":"https://doi.org/10.2991/aebmr.k.210917.024","url":null,"abstract":"The outbreak of Coronavirus Disease 2019 (COVID-19) brought a significant negative impact on the global economic and social development, where many enterprises are generally facing operational difficulties. Among all the corporations, Nike Inc.’s practice in the face of major public safety accidents has practical significance and enlightenment for the business management of enterprises and countries. Based on the combination of quantitative and qualitative research methods, this paper discusses the short-term negative impacts of major public health emergencies on Nike Inc. According to the ratio analysis, Nike Inc.’s performance in profitability is pretty well. Regarding to the SWOT analysis, it turns out that Nike Inc. has low manufacturing cost and advantages in marketing and sales. However, it still needs to pay attention to single core competitiveness and high price. This article provides feasible reference ideas for multinational enterprises and countries to deal with major public security incidents. On this basis, these results are useful for enterprises to eliminate the negative impact of the epidemic on their operations. Besides, it will be helpful for countries to protect their economic achievements and create a better business environment in the face of crisis.","PeriodicalId":371105,"journal":{"name":"Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114385928","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}
{"title":"The Influence of Covid-19 on the Development of Financial Industry Based on Statistic Analysis","authors":"Hengyuan Zhang","doi":"10.2991/aebmr.k.210917.077","DOIUrl":"https://doi.org/10.2991/aebmr.k.210917.077","url":null,"abstract":"This paper investigated the impact of the COVID-19 on the Chinese financial industry, which has not been thoroughly researched. This paper analyzed data from three main specific departments in the financial industry, including banking, insurance, and securities. At the same time, some comparisons between the situations before and after the outbreak of the pandemic are shown to give a general understanding of what exactly happened as evidence to support this study. However, after studying these data, although it was found that the situation in China and the world is basically the same, the difference still exists in some internal forms, just like for the banking industry, the general situation of the whole industry keeps in a good trend. Still, now consumers commonly decide to use online banks due to the pandemic. It is predicted that the most situations which are happening now will be kept for many years by changing people's opinions. In application, this is a study focused on the impact on our daily lives, and it is a reference to those investors and researchers on financial analysis.","PeriodicalId":371105,"journal":{"name":"Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128651785","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}