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In the situation of rapid population aging, postponing retirement is a timely and effective measure in relieving pressure of old age support. However, many people think that postponing retirement will crowd out youth employment. Using data in China, this paper shows that this judgment cannot be...

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As one of the numerous merits brought by global financial integration, foreign direct investment (FDI) plays an indispensable role in fostering economic growth in the developing world. Different from previous literatures which concentrate on discussing the FDI productivity spillover effect, the...

Over last ten years, the media has gradually been playing an irreplaceable role in economic society. As efficient means of improving insufficient judicial protection, media plays an important role in disseminating public information, restraining the government’s behavior, shaping corporate...

Compare with the rate of development of human society , human biological evolution and behavioral pattern change very slowly ,thus human has to use “raw” cognitive pattern which cause bias to process modern information. To study the problem of Corporate Over-investment based on Heuristic...