bluuebunny/crossref_metadata_2025 huggingface dataset:
From TikTok Hongxing Erke Live Marketing to See How Live Culture Shaped Consumer Groups
Authors: Shi Runzhu
Published: December 2023

In recent years, with the development of mobile Internet, mobile live broadcasting platforms, social media and short video platforms have emerged one after another, and the "live +" model with live broadcasting as the core has gradually become a new trend in the development of the industry. This new advertising communication mode not only brings the change of traffic aggregation, content production and communication mode, but also subverts the traditional advertising communication mode to a certain extent. Therefore, the analysis of live broadcasting culture is extremely important for us to study the new media marketing theory in the information age. TikTok live broadcasting platform is an important part of domestic live broadcasting culture. Starting from TikTok live broadcasting will better help the author to study this issue. Therefore, this paper takes Hongxing Erke, a brand that has created new marketing methods on TikTok live streaming platform, as an example, analyzes the reasons for the rise of live streaming culture and the impact of live streaming culture on advertising communication effect, discusses the advantages and existing problems of live advertising communication mode, and puts forward countermeasures. It provides reference for the development of live advertising in the information age to promote the improvement of new media marketing theory.
Research on the Phenomenon of "Internalization of Public Examination" among University Students in the Post Epidemic Era and Its Impact on Economic and Social Development
Authors: Cai Zhiheng , Li Zhuoqun , Ye Gehang
Published: December 2023

In 2020, the COVID-19 epidemic was brought under control to a certain extent, but the employment of college students in the post epidemic era is facing a completely new situation and challenges. China's "civil service fever" continues to heat up, due to excessive competition brought about by the examination of the public service "involution" problem on the personal development of college students and the sustainable development of the job market has had many impacts. This paper discusses the causes of the phenomenon of "civil service fever" in China, analyzes its impact on economic and social development, and puts forward relevant suggestions from the government, enterprises, universities and other perspectives. The study finds that the causes of the "internalization of the public examination" are concentrated in three aspects: the deterioration of the employment environment in the post-epidemic era, the special characteristics of civil service positions and family education, while the "internalization of the public examination" has both the positive effect of being able to improve the overall quality of the public service, and the negative effect of inhibiting the innovative ability of talents. The findings of this study are useful in promoting a stable supply in the labor market and stimulating economic and social vitality.
The Promotion and Development Direction of Cultural Tourism Industry for the Recovery of Xi'an's Tourism Industry in the Post Epidemic Era
Authors: Geng Yifei , Wu Tienyu , Xiong Peiyi
Published: December 2023

Impacted by the epidemic, Chinese all aspect of economy including tourism has been influenced deeply between 2019 and 2022. In order to recover Chinese economy under post-pandemic era, tourism needs to learn from the pandemic and previous developments and innovate to quickly return to pre-pandemic conditions. Our group focus on Xians cultural tourism industry, which is one of the characteristic places of Chinese cultural tourism, in order to fine its cultural tourism development potential and give some suggestion to improve its attraction and competitiveness and to maximize its economic benefits. By analyzing the data from Xinhua News Agency and other authority website and investigating the development status of Xi'an's cultural industry, we find out that Xian needs to overcome the problems of low profit from tourism revenue, lack professional personnel, serious loss and difficult recovery and the impact of the lingering temperature of the epidemic. In terms of the questions, Xian should change from the aspects of increasing the rate of economic profit conversion, enhancing the professional quality of employees, carrying out crowd control and taking advantage of policy advantages and opportunities. In conclusion, we hope our research could provide inspiration and guidance for the subsequent development of Xi'an's cultural industry.
Impacts of Climate Change on Tourism in Coastal Areas
Authors: Ye Xinyuan
Published: December 2023

Environmental change is a hot issue in recent years, in addition to environmental protection, biology and other industries, it also has a lot of impact on the economy. For coastal areas, which rely on tourism as their backbone, climate change affects them more intuitively. The starting point of this topic is to quantify impacts of coastal tourism, so as to manage and control them. The study uses official data released by the Hainan Municipal government and the Meteorological Bureau to compare the impact of different climate factors on the local tourism economy and combines data from other studies. The research points out that abnormal precipitation will lead to the decline of tourism revenue. For some special heavy rain caused by the surge in precipitation, it will greatly reduce the income of local tourism. In addition, extreme climate, including typhoons, Qingming wind, extreme high temperature, etc., will affect the decline of the number of local tourism and threatening local tourism industry. Studying the effects of climate change can help coastal areas better plan their economies, help tourists choose when to visit, and protect travelers and tourism workers during special months.
Exploring Innovative Applications of Behavioral Economic Theories to Enhance Eczema Care and Outcomes
Authors: Lin Sicheng
Published: December 2023

This study explores the innovative application of behavioral economic theories to enhance eczema care and improve patient outcomes. The research focuses on three potent strategies within the realm of behavioral economics: nudging, financial incentives, and digital interventions with commitment contracts. Incorporating financial incentives into eczema care can potentially bolster medication adherence, a critical component in effectively managing the chronic trajectory of this condition. By providing tangible rewards or incentives, patients may be motivated to adhere to prescribed treatment regimens more consistently. Furthermore, this paper underscores the transformative potential of digital interventions, particularly commitment contracts, in cultivating proactive and patient-centered approaches to disease management. Leveraging technology, these interventions have the potential to revolutionize healthcare delivery by promoting enhanced adherence and facilitating personalized and effective treatment paradigms. This research is grounded in a comprehensive review of contemporary studies, offering valuable insights into the effectiveness of these strategies. The findings of this study paint a promising picture for the future of eczema management, suggesting that the integration of behavioral economic principles can lead to more effective and patient-centric care, ultimately improving outcomes for individuals living with eczema.
The Impact of Digital Inclusive Finance on Agricultural Carbon Emission Reduction Analysis Based on Panel Data of 54 Prefecture-Level City
Authors: Qi Wang
Published: December 2023

Based on the national ranking of the total agricultural output value, this paper selects Shandong, Henan, and Sichuan, which are in the top three, as the representatives of large agricultural provinces, and utilizing panel data from 54 prefecture-level cities throughout the three provinces for the years 2011 to 2020, this study thoroughly applies the fixed effect model, mediating effect model, and moderating effect model to examine the influence of digital inclusive finance on agricultural carbon emission reduction. The findings demonstrate that inclusive digital finance reduces agricultural carbon emissions favorably; the three sub-dimensions of the breadth of coverage, the depth of use, and the degree of digitization all have significant promoting effects on agricultural carbon emissions reduction, of which the breath of coverage has the most obvious effect; compared to the primary regions that produce grains, In non-primary grain-producing zones, the promotion effect of digital inclusive finance on agricultural carbon emission reduction is particularly significant. From the perspective of the mediating effect, agricultural decreases in carbon emissions can benefit from increased regional innovation thanks to digital inclusive funding; from the perspective of the moderating effect, the amount of urbanization is taken advantage of by digital inclusive finance to control the effects of crop reductions in carbon emissions.
The Impact of Natural Disaster on US Stock Market Index: Using DID, ARMAX-GARCH, and Random Forest
Authors: Zhou Xuehan
Published: December 2023

The stock market might be impacted by natural disasters, which can cause significant market disruptions and financial uncertainty, as already shown in several existing studies. This study investigates the role of natural disasters in stock market movements in the US specifically, hypothesizing that incorporating natural disasters leads to more accurate stock market predictions. Various models, including Difference-in-Differences (DID), ARMA-GARCH/ARMAX-GARCH, and Random Forest, are employed to analyze the S&P 500 index's daily returns and the impact of natural disasters. The study reveals that the ARMA-GARCH model effectively captures market volatility but does not account for all influencing factors such as interest rate, inflation rate, and natural disasters. The DID method isolates natural disaster effects, showing significant but inconsistent impacts. The Random Forest model, incorporating a disaster severity index, yields more accurate predictions than the one without, reinforcing the hypothesis and supporting previous studies. Although the study highlights the importance of considering natural disasters in stock market predictions, it also underscores the market's complexity, indicating that more features and factors should be considered in future research.
Accurate Perception of Market Demand: A Solution to Homogeneous Marketing of Holiland
Authors: Dang Zengkanzhuo , Li Mingxuan , Pang Xinyi
Published: December 2023

People live in the era of the internet, and information spreads rapidly. People's demands for quality of life are gradually increasing, and they are also paying more attention to product innovation in their diet. However, due to the targeted push of big data and fierce competition among brands, many brands have encountered the serious problem of product homogenization. This article takes Holiland as a case study to analyze its marketing strategy of breaking homogenization marketing and breaking away from traditional brands and becoming a trendsetter. Starting from a youth-oriented marketing model, create a brand image that young people love more. This study analyzes the current marketing model of the brand, providing some reference value for the future development of Holiland, and also providing suggestions for breaking the homogenization of marketing methods in the food industry. At the same time, the author provides two suggestions, namely, in terms of visual assets and localized products, both need to be refined.
Marketing Localization of IKEA in China - Lessons for Western Multinationals
Authors: Sui Jiani
Published: December 2023

The rate of failure of western multinationals in China in consumer industries is very high. IKEA is a classic case of a western multinational that started off with many problems and yet, persisted, adapted and succeeded in the market in China. The level of market orientation which has been deployed by the company is very high. This has been made possible through a long-term view of the market, which was not sophisticated. It had to engage in educating consumers, reposition itself and engage in organic knowledge development, while adopting a long-term view of the market. When it comes to western multinationals, the case study of IKEA shows that they must be prepared to reposition themselves, must develop value propositions that are suitable for the market and implement strategies which will actually work in the foreign market, rather than standardization in a rigid manner, that will surely result in failure. The regional differences within China must also be considered seriously and western multinationals must be prepared to engage in hyper-localization in some elements of the marketing mix.
Research on the Teslas Strengths and Weakness
Authors: Xin Mingxuan
Published: December 2023

Today, when new energy is becoming more and more important, environmental protection is the most important issue for people around the world. As we all know, Tesla is a well-known electric vehicle company, ranking first among new energy vehicles in the world. Therefore, this paper will study Musk's Tesla company and use professional methods to analyze Tesla's current real situation. Due to Tesla's huge contribution to global environmental protection, Tesla has a strong representation in the global environmental protection field. This paper will use SWOT method to study the development status of different aspects of Tesla Company. Tesla will be analyzed from the following four aspects, strengths, weakness, Opportunities and Threats. SWOT analysis offers many advantages, it's crucial to remember that it's only a single component of the strategic planning process. For optimal effectiveness, organizations should combine SWOT analysis with other analytical tools and techniques and integrate the results into their overall strategic planning approach." Tesla enjoys a global leadership position in electric vehicles and sustainable energy, which is a significant advantage. However, in order to remain successful, it is critical to improve its semiconductor supply chain management. As the industry evolves, Tesla's innovation and foresight will play a key role in achieving its mission of advancing sustainable energy.
The Market Marketing Strategy Analysis of Brandy Melville and Its Guiding Role in Female Body Image Anxiety
Authors: Liu Jiaao
Published: December 2023

With the development of The Times, the current society is very strict on women's body requirements, girls often in order to maintain a thin body, the perfect proportion, in order to obtain the praise of others, social recognition. Body anxiety has also emerged, which has caused a lot of attention in society, academia and industry.Brandy Melville's clothes, which only feature a single size, have spawned body anxiety among women who are unhappy with their bodies. This paper will describe the complex issue of body anxiety in today's society. First, it discusses the marketing strategy of Brandy Melville brand market, collects terms and texts related to BM, and conducts corresponding text analysis and research to discuss and analyze the orientation of bm style to the spread of body anxiety. Secondly, this paper will explore the interaction between positive body image and brand marketing strategies, while proposing some trends in brand and aesthetic development based on current marketing strategies.
The Impact of Country-of-Origin Effect on Brand Marketing-Taking Hagen-Dazs as an Example
Authors: Wang Xiangbo
Published: December 2023

With an emphasis on the use of the Country of Origin (CoO) effect to influence consumer views of the brand and its goods, this study attempts to analyze the difficulties and issues faced by Hagen-Dazs, a well-known American ice cream producer. The investigation reveals fascinating results that defy accepted wisdom. The study offers insightful conclusions and suggestions for Hagen-Dazs and the larger marketing sector by investigating these findings. Examining Hagen-Dazs's difficulties reveals the difficulties in applying the CoO effect, a crucial branding strategy. The study deepens our understanding of the mechanics and dynamics involved in managing an internationally renowned brand like Hagen-Dazs by focusing on these difficulties. The report also provides analyses and suggestions based on the discovered empirical evidence. These thoughts are intended to improve brand management strategy comprehension and application, particularly in light of the CoO impact. Overall, this study adds to the body of knowledge on brand management by highlighting the particular difficulties faced by Hagen-Dazs and offering insightful advice to marketers looking to fully utilize the CoO effect.
The Impact of Webcasting on Adolescents Impulse Consumption Behavior
Authors: Wang Jingyi
Published: December 2023

With the rapid development of technology and the Internet, many social platforms have developed at a rapid pace, and online live streaming has become an important channel for the circulation of goods. This article investigates the purchasing behavior of young users in webcasting. Teenagers shopping is restricted by some factors, such as money because they do not achieve financial freedom. This article mainly focuses on peoples purchase motivation and the influence of anchors. This paper first analyzes the development of network live broadcast, and then analyzes the reasons for teenagers to consume through network live broadcast platform and the impact on their consumption view from different angles. Questionnaires and sample analyses were used to illustrate the results of the analysis based on self-experience. The data obtained shows that online live streaming has great consumption guidance. When the anchor describes the product as extraordinary, many people will abandon their needs and blindly buy non-essential goods. This is somewhat harmful.
Research on the Market Testing in the Restaurant Industry
Authors: Wu Yefei
Published: December 2023

The restaurant industry is a fiercely competitive sector, demanding constant adaptation to shifting consumer preferences. Market testing plays a pivotal role in devising successful strategies, offering insights into consumer behavior, trends, and competition. While traditional qualitative methods like SWOT analysis are prevalent, emerging technologies such as Artificial Intelligence are transforming the landscape. Bayesian Optimization, in particular, shows promise in optimizing menu offerings and pricing strategies. This study delves into a diverse dataset, examining key metrics like ratings, number of ratings, and average cost. It uncovers correlations between services like online ordering/table booking and customer satisfaction. Cuisine analysis reveals dominant choices, guiding menu specialization. Geographical insights inform pricing strategies tailored to specific areas. The study concludes that market testing, in synergy with innovative technologies, forms the bedrock of effective restaurant strategies. It advocates for a continuous, adaptive approach in this dynamic industry. The research suggests avenues for future exploration including in-depth consumer behavior analysis and ethical considerations in AI implementation.
The Analysis of Volvo's Initial Public Offering
Authors: Hong Cen
Published: December 2023

To raise money for the transformation of electric cars, the Stockholm Stock Exchange is about to open trading for Volvo shares. Nowadays, more and more companies choose Initial Public Offering (IPO) to excessive their period of financial embarrassment. As a good deal, this research will analyze the main problems and weaknesses of IPO. An in-depth and detailed analysis of the reasons for the rejection can clarify the needs of the capital market on the specific requirements of the listed company, and guide the company to be listed in the listing declaration targeted into the line of rectification. At the same time, it is also for the listed company to compare their own industry conditions. The development stage, business characteristics and profit model, for the company's self-consideration of whether in line with the conditions for listing substantial judgment provides a specific reference basis. Ultimately, the paper found that productivity had a positive development with the help of the IPO. In the paper, the experience of Volvo's IPO showed that IPO was a good method to help companies gain money.
The Renminbis Ascent: Challenges, Opportunities, and Implications for the Global Monetary System
Authors: Cao Anqi
Published: December 2023

The Renminbis (RMB) journey towards international prominence encapsulates China's economic metamorphosis and the evolving dynamics of the global monetary system. This paper delves into the multifaceted trajectory of the RMB, highlighting the challenges and opportunities it faces in its quest for global acceptance. It provides an in-depth analysis of the implications of the US-China trade war and the global pandemic on the RMBs internationalization. The paper also underscores the transformative potential of strategic initiatives such as China's Belt and Road Initiative (BRI) and the pioneering Digital Yuan. Through a nuanced exploration of these themes, this study offers insights into the RMB's current status and its prospective role in the global monetary order. As countries grapple with changing trade dependencies and the digital revolution in finance, the RMB emerges not just as a participant but as a potential leader in reshaping the contours of international finance.
The Transformation and Development of Internet Finance to the Lifestyle of Chinese Residents
Authors: Ye Shuhan
Published: December 2023

In the context of the rapid development of Internet finance, researchers can understand the needs of users according to their behaviors and consumption habits, which can help enterprises and governments formulate relevant strategies. In addition, financial technology in the field of Internet finance continues to innovate, and researchers are committed to exploring the future application prospects of new technologies. However, there are still some research gaps. The research theme of this paper is the impact of Internet finance on low-income groups and residents in rural areas. The specific question that this paper wants to explore is what impact Internet finance has on low-income groups and residents in rural areas in which aspects. The result of the study is that Internet finance has a positive impact on low-income groups and rural residents through the convenience of financial services, the convenience of financial management, the expansion of lending channels and the popularization of financial knowledge education.
The Supply Chain Advantages and Challenges of BYD in the New Energy Vehicle Industry: Implications for the Future
Authors: Zi Qi
Published: December 2023

The new energy vehicle supply chain is evolving rapidly to meet growing market demand, and innovations in battery technology, motor manufacturing, and charging infrastructure, among others, are driving progress in this sector. This paper explores the supply chain strengths of BYD, a major new energy vehicle manufacturer in Chinas automobile manufacturing industry, and related issues. Through an in-depth analysis of BYDs history, the companys current status, and its innovative initiatives in the supply chain, the paper identifies its supply chain strengths in intelligence, sustainability, and innovation. However, some of the challenges BYDs supply chain faces, such as delivery issues, data security risks and low collaboration with suppliers, are also raised. Finally, the paper offers some recommendations, including actively collaborating with high-quality suppliers, strengthening data processing and management capabilities, and adhering to supply chain innovation. These recommendations can guide BYDs development and provide useful references for peer companies supply chain optimization.
Research on the Application of Comprehensively Digital Electronic Invoice - Take X Finance and Taxation Consulting Service Company as an Example
Authors: Jin Wangyu
Published: December 2023

With the rapid development of information technology, the Golden Tax Phase IV system has been fully launched, and the comprehensively digital electronic invoice (hereinafter referred to as CDEI) as its core has also been piloted in many places. However, there is little research on CDEI in the academic community at present. Most of them use the literature research method, mainly focusing on the challenges of CDEI implementation to enterprises, coping strategies, financial management and other aspects. There is little research on the application of CDEI in a specific enterprise. Through literature research and case analysis, this paper firstly studies the theory of CDEI, expounds the relevant theoretical basis, and provides theoretical guidance for various practical problems in the application of CDEI in enterprises. Secondly, a case study of X finance and taxation consulting service company is conducted, which actively uses the CDEI system. This paper starts from three stages of the evolution of the invoice application of company X, and through a comprehensive understanding of company X, analyzes three major impacts of the application of CDEI on Company Xs improvement of work convenience, enhancement of tax compliance, and reduction of business error rate. In addition, it points out the problems existing in the application of CDEI in company X and the solutions. This paper enriches the existing optimization research on the application of CDEI, and provides some enlightenment for the risk prevention and supervision, system innovation and rational development of the application of CDEI in enterprises.
Art Market as an Economic Indicator
Authors: Dong Xiaohan
Published: December 2023

In three different ways, this article provides insight into how the presentation of artwork reflects the changing stages of the economy. The article delves into the historical significance of the Dutch Golden Age, where artistic opulence went hand in hand with economic prosperity. In addition, it dissects the broader stages of economic development and their reflection in art from ancient agrarian societies to today's digital age. Finally, the article explores the evolving patterns of transactions in the art market, tracing the shift from barter systems to modern digital transactions. Through these lenses, the article shows that the art market can serve as a dynamic indicator of economic change, providing insight into social values, economic health, and the evolving interplay between culture and commerce. The economic crisis of 2008 and the potential dangers of the fine art market are examined. The future use of market trends as a starting point for econometric measurements was envisaged.
A Review of the Option Pricing Model and Further Development
Authors: Luo YuLin , Wang ZhaoYu
Published: December 2023

The Black Scholes model and binomial tree model have been the main research objects of scholars in the past fifty years. This article summarizes the optimization process of these two classic option pricing models to understand the different directions of optimizing the models and to provide ideas for future model improvement. Improvements from scholars to the Black-Scholes model mainly focus on the basic model and the relevant variables involved in option pricing, while the optimization of the binomial tree model focuses on the reduction of pricing errors as well as the improvement of model fitting speed. Empirical studies of option pricing models have shown that improved models while enhancing the accuracy of pricing in various financial markets, unavoidably increase computational complexity and reduce efficiency. This article also demonstrates the future integration of financial derivatives pricing models in multiple fields by describing the application of real options in the agriculture, technology, and biology industries.
Willingness-to-Pay for Privacy: A Study on IPhone
Authors: Wang Xuanyu
Published: December 2023

This research employs the iPhone as a case study and conducts a survey to investigate consumers' willingness-to-pay (WTP) for privacy. We discover that consumers not only value their privacy in the digital realm but are also willing to invest considerably in privacy-protection services. What makes our findings particularly intriguing is the relationship between consumers' privacy habits and their willingness-to-pay. Surprisingly, individuals who may exhibit lower vigilance in safeguarding their privacy online paradoxically demonstrate a higher willingness-to-pay for services that ensure their data protection. Our research not only sheds light on consumer behavior but also provides invaluable strategic implications for businesses, especially tech giants like Apple. By leveraging privacy protection as a key selling point, firms can not only cater to the increasing concerns of privacy-conscious consumers but also elevate their products to a new level of desirability. Effectively communicating the robust privacy features of products like the iPhone empowers companies to justify premium pricing, enhancing their revenue streams while simultaneously fostering a safer digital environment for their users. This study stands as a testament to the symbiotic relationship between consumer demand for privacy and businesses' strategic innovation, driving the evolution of both technology and user protection in the digital age.
Towards a More Reliable ESG (Environmental, Social, and Governance) Assessment Framework: Lessons from the PRI Initiative
Authors: Xu Tianao
Published: December 2023

In recent years, green investments and ESG (Environmental, Social, and Governance) principles have gradually become the focus of the industry's attention. However, the future of ESG still has some uncertainties, and the diversity of ESG data and metrics has led to challenges in comparing ESG performance across companies, making it complex to determine the relevance and substantive ESG issues related to financial performance. This paper explores the evolution and challenges of ESG investments and proposes principles for ESG rating agencies to follow, originating from the PRI (Principles for Responsible Investment). This study recommends that rating agencies adopt a comprehensive assessment approach, considering a company's environmental, social, and governance performance and engaging with companies to obtain more comprehensive and reliable data. Additionally, rating agencies should maintain transparency, disclosing precise methods and data sources to enhance the credibility of ESG ratings. Most importantly, rating agencies must continuously improve their rating methodologies to reflect changes in the market and ESG practices, encouraging other rating agencies to adopt more consistent ESG assessment methods for a more sustainable investment practice and sustainable development in the financial industry.
A Study of the Impact of Personal Information Collection Boundaries on the Willingness to Disclose Information of Chinese Youth Groups
Authors: Wen Chengbo
Published: December 2023

The development of modern digital technology has created opportunities for online retailing. In order to fully develop the online market, increase consumer satisfaction by providing personalised products and services, and thus increase customer stickiness and develop potential markets, online retailers often collect personal information of their customers through online questionnaires and other means. However, it is unavoidable that this marketing method raises questions about consumers' personal privacy. For this reason, this study examined the correlation between the parameters governing corporations' acquisition of customers' personally identifiable information and customers' proclivity for divulging such personal data, using the Chinese youth population as an example. The data for this research was gathered through an online questionnaire administered to a sample of 159 respondents, and subsequently subjected to correlation and regression analyses for testing. The study's findings demonstrate a significant positive impact of merchants' boundaries regarding the collection of personal information from users on the willingness of the Chinese youth demographic to disclose their personal information, and there is a partial mediation effect of this effect. On the one hand, merchants' personal information collection boundaries on users will directly affect Chinese youth groups' willingness to disclose personal information; on the other hand, the limitations imposed by merchants on the collection of users' personal information can influence the perceived trust levels within the Chinese youth demographic. This, in turn, affects the willingness of these youth groups to share their personal information. Drawing from the study's outcomes, this paper drew some insights into online information collection by businesses and propose directions for further research in the future.
Research on Pension Portfolio Based on Fama-French 3 Factor Model
Authors: Zheng Yuetian
Published: December 2023

In today's era of aging population, pension has become a hot issue in society. To do a good job in pension planning, the most indispensable is financial literacy,which is conducive to the construction of a good pension portfolio. This paper is planning to use the Fama-French 3 factor model to build this portfolio,because compared to the CAPM model ,the Fama-French 3 factor model improves explanation, enhances risk measurement, reduces mispricing and its flexibility. This paper will construct an optimal portfolio with the pension, an optimal portfolio without the pension, and a portfolio used to calculate when those two pensions will have the same sharpe ratio, and make a series of analyzes. After taking a number of factors into account,in general,this paper would recommend the retiree to choose optimal portfolio with pension. This paper aims to give retirees some suggestions on pension portfolio through research, provide certain reference and guidance, and draw people's attention to pension planning.
Empirical Research on Pension Investment Optimization Based on Three-factor Model
Authors: Pan Yiyang
Published: December 2023

With the arrival of the aging era, retired elderly people are paying more and more attention to property planning. The elderly hope to improve the quality of life after retirement through pension investment planning. This article takes a firefighter who has worked in Florida for 25 years as an example. He selects a total of 10 stocks including ETD, CVGW, AAPL, ASML, UNH, LVMH, NNDM, SBUX, TM, and BUD, and calculates their respective weights based on Excel. And the Sharpe Ratio, which is optimal when investing with a pension or without a pension, uses the three-factor model to conduct empirical research on the two situations, and summarizes the advantages and disadvantages of the two Sharpe Ratios in terms of cycles and returns, and we get When optimizing pension investment, we will give the best investment advice according to different investor situations, so as to maximize the income of the elderly after retirement.
Research on Influencing Factors of the Real Estate Market in Beijing
Authors: Liu Yuanzhe
Published: December 2023

As a large-scale real estate industry, the real estate industry plays an important role in regulating the world economy. As a pillar industry in my countrys development, it plays an important role in promoting my country's GDP growth. Consumption and investment demand for real estate also have a significant impact on overall consumer demand. Many scholars at home and abroad have conducted relevant research on real estate demand factors. This article uses annual data from the China Bureau of Statistics and Beijing, selects Beijings GDP, per capita disposable income of all residents, etc. as explanatory variables, and uses the commercial housing sales area sarea as the explained variable. A multiple regression model was established to analyze the influencing factors of Beijing's real estate market demand. The results show that policy, income, population and housing price factors have a significant impact on demand. Among them, GDP, population change, and policy dummy variable factors have a positive impact, while housing prices and per capita income have a negative impact. Based on the conclusion, this article puts forward suggestions for narrowing the income gap, further curbing real estate speculation, maintaining a balance between supply and demand, paying attention to policy regulation, and using precise and powerful policies to regulate the entire industry, which has served as a reference for the development of the real estate industry.
Carbon Emission and Annual Income in the Britain in 2019: An Intra-regional Spatial Analysis
Authors: Han Yixuan
Published: December 2023

This study conducts a comprehensive spatial analysis of carbon emissions and annual income in Great Britain in 2019 using data from the Office for National Statistics (ONS) and the Annual Survey of Hours and Earnings (ASHE). Using spatial autocorrelation techniques, especially Local Morans I, I identify significant spatial clusters, where Low - Low carbon emission areas are located in Manchester, West Yorkshire, Dorset and Wiltshire. In contrast, High-High clusters occur in Moray, the Midlands, South Yorkshire and Lancashire, highlighting areas where carbon emissions are spatially correlated. In addition, this research uses geographically weighted regression (GWR) analysis to identify any existing relationship between annual income and carbon emissions with accounting of geography. The results show a consistent trend in the strength of this relationship, decreasing from northwest to southeast across the Great Britain. The highest coefficients are concentrated in eastern regions such as the South East, London and the East of England. This research aims to contribute to the understanding of spatial heterogeneity of the local environmental economics by informing relevant stakeholders and politicians about which regions are most in demand of targeted interventions. By identifying vulnerable areas, this study provides valuable insights into the UK's pursuit of sustainable development and low-carbon economy with the global movement towards green economy.
Stock Price Undulation Prediction Using ARIMA Model
Authors: Su Yutian
Published: December 2023

Stock is one of the most important investments nowadays, but it is also changing very rapidly. Its dramatic changes may lead to property damage. The stock price can influence the market situation. If its future price can be predicted, peoples investments will be more accurate. To solve the problem quickly, creating models seems to be the best choice, While the influences keep changing, some easy models cannot work well. By comparison between many models, we decided to choose Auto-regressive Integrated Moving Average Model (ARIMA). ARIMA model is a set of AR model and MA model. ARIMA model uses historical information of the data to predict the future. Though ARIMA model cannot respond well to emergencies. Assume that the average month price of the stock is steady. This paper uses this model to predict whether the investor will gain or loss. Through SPSS, the model is built and tested. The models correct rate is higher than 0.7, so it can greatly help people to make decisions.
Research on the Tencent Company Stock Price Based on ARIMA Model
Authors: Sun Le , Yuan Haiyang
Published: December 2023

This paper presents a comprehensive analysis of Tencent Holdings Limited's stock performance over the past five years. This paper explores the multifaceted factors influencing stock price volatility, including economic indicators, regulatory changes, industry developments, and technological innovations. Employing an ARIMA (0,1,0) model, this paper assesses the time series data of Tencent's stock price and scrutinize model adequacy through various statistical tests. Results suggest that the constant term in the ARIMA model may not be statistically significant, which emphasizing the need for a nuanced approach to stock price modeling. Predictive values for a 12-phase forecast reveal a declining trend in Tencent's stock price. The root-mean-square deviation (RMSD) is computed to gauge prediction accuracy. Additionally, the residual Lagrange multiplier correlation finds no significant correlation between residuals and independent variables. This analysis underscores the complexity of stock price determination and advocates for a holistic approach, consider both numerical analysis and qualitative factors. Investors are advised to maintain a long-term perspective when evaluating Tencent's market potential.
Unraveling the Impact of the Federal Reserve Rate Hike Policy on Amazons Stock Price Based on ARIMA Model
Authors: Tian Xingjian
Published: December 2023

At the beginning of 2022, the inflation rate of the US economy was high. Consequently, the Federal Reserve initiated a series of 11 consecutive interest rate hikes on March 16, 2022. In this macroeconomic environment of rising interest rates, this article aims to use the ARIMA model to predict Amazons stock price after the interest rate hike, based on its stock price before the interest rate hike. It also seeks to compare the difference between the predicted stock price and the actual stock price to assess the impact of the successive rate hike policies on Amazons stock price. The study found that the Feds continuous rate hike policy would significantly reduce Amazons stock price, with its long-term relative decline even exceeding 30 percent. In comparison to previous articles that focused on the stock market or the Federal Reserves interest rate hike policy, this article no longer concentrates solely on theoretical analysis or macroeconomic market changes. Instead, it utilizes quantitative methods to place a greater emphasis on Amazon, a representative American internet company. This more specific perspective and more specific data enable investors to gain a clearer understanding of the direction and magnitude of the impact of interest rate hike policies on individual company stock prices. Based on the research results, this paper suggests that policymakers should carefully consider the policy of raising interest rates to avoid causing panic in the stock market. Entrepreneurs should strive to create more positive news, and investors should be cautious about holding stocks in an environment of rising interest rates.
An Overview and Future Outlook of the Murder Mystery Game Industry in China
Authors: Wang Yu Han
Published: December 2023

Murder mystery games have experienced a notable surge in popularity, with their origins deeply rooted in storytelling traditions. This research paper delves into the reasons for their rise, emphasizing the influences of macroeconomic factors, educational trends, and digitalization. These elements not only provided a backdrop for the murder mystery game's resurgence but also played a pivotal role in shaping its contemporary form. A comparative analysis of online and offline modalities reveals distinct user experiences and commercial potentials for each. Furthermore, the research offers pragmatic suggestions for entrepreneurs interested in establishing offline murder mystery stores, underscoring the nuances of market dynamics and consumer preferences. Harnessing statistical data from past survey results and well-informed estimations, the study presents a data-driven exploration into the genre's growth and transformation. By charting the game's historical trajectory and examining its present state, this paper provides a holistic overview of murder mystery games in the modern context and their significance in the evolving entertainment industry.
The Evolving Impact of the Post-Pandemic Federal Funds Rate Hikes on the Dollar Index
Authors: Huang Yuanhui
Published: December 2023

On March 17th, 2022, the Federal Reserve issued its first federal funds rate hike to address elevated inflation rates and consumer prices amidst the post-pandemic period. By July 2023, the Fed had raised the rate eleven times, increasing it from 0.25% to 5.50%. These monetary policies not only played a role in stabilizing prices and containing inflation but also contributed to strengthening the U.S. dollar index. This research analyzes the quantifiable impact of these rate hikes on the dollar index by implementing time series models and creating visualizations of daily, weekly, and monthly index trends. Specifically, leveraging data from 2010 to 2023 and utilizing ARIMA modeling, the goal is to provide an understanding of the relationship between the Feds monetary policy choices and the standing of the U.S. dollar in global financial markets. A key finding is that there is a positive increase in the dollar index change after the rate hikes compared to no action by the Fed. The daily data is less convincing than the monthly data in reaching this conclusion.
Analyze the Determinants of the Gini Index in the United States: An Econometrics Approach
Authors: Yu Jiahe
Published: December 2023

Inequality has always been a topic of discussion among scholars. In this essay, one crucial measure of inequalitythe Gini Indexis analyzed to find the influencing factors within the labor market. By running four regressions independently, the labor force changed from being positively related to being inversely correlated, and employment in services changed from being negatively associated to being positively related. The empirical results proved that the labor force, employment in agriculture as a percent of total employment, and unemployment rate are negatively related to the Gini index, and the rest of the variables (employment in service as a percent of total employment and population with tertiary degree) have a positive correlation. More labor force, employment in agriculture, and unemployment rate are accompanied by less Gini index. Take education level as an example; those at the top have better access to education and skill development in economies with significant income inequality, making them more likely to engage in higher-paying service or knowledge-based industries. Meanwhile, those with lower incomes may have fewer opportunities for schooling and are more likely to work in low-wage agricultural or manual labor employment.
Financial Literacy and Saving Behaviors of Households
Authors: Jiang Zhiheng
Published: December 2023

This paper studies the relationship between financial/numeric literacy and household saving and investment behaviors using the New York Feds Survey of Consumer Expectations. Using a panel dataset and a regression analysis, the study finds that although overall propensities to save, measured by saving rate and savings-to-wealth ratio, does not show a significant correlation with literacy measures, individuals portfolio choices between risk-free and risky assets are indeed affected by both literacy measures. The research indicates that individuals who report higher self-rated financial literacy and attain higher numeracy scores tend to allocate a more substantial portion of their savings into stocks. By contrast, they are inclined to hold a smaller portion of their wealth in risk-free liquid assets, such as checking accounts. More particularly, individuals with higher numeracy scores tend to allocate approximately 5.384% greater portion of their investments into stocks while simultaneously reducing their investments in checking accounts by 4.251%. Similarly, those with higher financial literacy tend to demonstrate an average increase of 10.085% in stock investments, coupled with a decrease of 12.506% in checking account investments. Notably, these effects are separate from influences of other factors like education, gender, and income.