CONTENTS

Foreword/Mao Yushi

The Impact of of Illegal and Abnormal Incomes on Income Inequality of Inhabitants and Its Economic Analysis/Chen Zongsheng, Zhou Yunbo

The Analysis of the Institutional Basis and Policy Boundary for Macroeconomic Regulation―a Theory Framework to Explain the Effect of China’s Macroeconomic Regulation Policy/Wu Chaolin

 An Economic Analysis of the Choice of Endowment Insurance System in China/Yuan Zhigang

the Implicit Debt, Transition cost, Reform Forms and the Influence of China’s Pension System―Computable General Equilibrium Analysis/Wang Yan and Others

An Economic Analysis of Securities’ Law Enforcement/Li Ming, Chang Zhongze

Incentive and Behavior in Dual games a New explanation about the Insufficient Incentive of SOE’s Managers in Transition Period/Wang Jun

Substantial Observation and Theoretic explanation for Nanjiecum---a case study on the Efficiency of the Property Rights’ Institutional Transition of a Private Enterprise/Yin Desheng

Soft Budget Constraints and Micro-fundamentals of Financial Crisis/Zhang Wei, Wan Yuanyuan

The Value of Waiting―An Analysis of Construction Project Investment Decision under Uncertainty in the Future/Zhou ChunSheng &Others

 Macro-tax Base, Investment and Economic Growth: Prediction of best tax Rate for China/Ma Shuanyou

Money Demand and Money Circulation Rate in the Economic transformation/Wang Xi

The Contract and Incentive Mechanism in the Bureaucratic System―A New explanation the Economic transformation/Zhang Yanren, GuJiang

An Information-based Model of Twin Crises, with an Application to the East Asian Crisis/Shi Jianhuai

Complementarity, Concept Lattice and Tarski Fixed-point Theorem/Wang Dingding