21世纪中国金融学教学改革与发展战略

国家教育部新世纪教改工程项目《21 世纪中国金融学专业教育教学改革与发展战略研究》, 目前已取得阶段性成果。2001 年8 月16 日至21 日, 承担该项目的中央财经大学、中国人民大学、厦门大学和复旦大学在青海省西宁市举行了成果交流和研讨会。项目主持人、中央财经大学副校长、金融学博士生导师王广谦教授主持了这次会议, 全国所有有金融学博士学位授权点的高校和科研院所都有代表出席大会, 用主持人的话来说, “全国金融学界顶尖级人物基本上都到了”。出席会议的还有教育部高等教育司刘凤泰副司长和杨志坚处长。与会专家学者回顾了近20 年国内外金融业的迅猛发展, 分析了在21 世纪随着经济全球化、金融国际化对我国经济金融带来的机遇和挑战, 以及对我国金融研究、金融学科建设和人才培养带来的冲击,大家认识到, 经过20 年的改革开放和发展, 目前我国在这些领域虽有长足的进步, 但仍远远不能适应形势发展的要求。要想把我国金融学科建设成国际一流学科, 培养出一流的高素质金融专业人才, 还必须进行一系列改革与创新。与会专家教授根据各自的教学实践, 提出了许多具有建设性的意见。研讨会上发言踊跃、气氛热烈, 不时出现不同观念的碰撞和不同观点的交锋, 对推进金融学科建设十分有益。下面将著名专家教授颇具代表性的观点( 按发言顺序) 择要摘发, 以飨读者, 以推动中国金融学科的建设与繁荣

金融虚拟化的道德风险及其市场影响:次贷危机的深层反思

由美国次贷危机引发的全球性金融危机和全球性经济衰退仍在蔓延之中,至今仍深未见底。从表面上看是美国房地产泡沫的破灭引发了次贷危机的爆发,但从本质上分析,次级抵押贷款证券化、衍生化和虚拟化过程中各参与主体的道德风险行为才是引发危机的真正根源。正是不断虚拟化所引发的市场信息不对称的加剧为各环节的金融中介提供了道德风险行为的空间;而金融中介道德风险行为的加剧和叠加则增加了金融市场的脆弱性,提高了金融市场的系统风险,最终导致危机的全面爆发

Amplitude analysis of the decays D0 → π+π−π+π− and D0 → π+π−π0π0*

Using e+e− annihilation data corresponding to an integrated luminosity of 2.93 fb−1 taken at the center-of-mass energy √s = 3.773 GeV with the BESIII detector, a joint amplitude analysis is performed on the decays D0 → π+π−π+π− and D0 → π+π−π0π0 (non-η). The fit fractions of individual components are obtained, and large interferences among the dominant components of the decays D0 → a1(1260)π, D0 → π(1300)π, D0 → ρ(770)ρ(770), and D0 → 2(ππ)S are observed in both channels. With the obtained amplitude model, the CP-even fractions of D0 → π+π−π+π− and D0 → π+π−π0π0 (non-η) are determined to be (75.2 ± 1.1stat. ± 1.5syst.) % and (68.9 ± 1.5stat. ± 2.4syst.)%, respectively. The branching fractions of D0 → π+π−π+π− and D0 → π+π−π0π0 (non-η) are measured to be (0.688 ± 0.010stat. ± 0.010syst.)% and (0.951 ± 0.025stat. ± 0.021syst.)%, respectively. The amplitude analysis provides an important model for the binning strategy in measuring the strong phase parameters of D0 → 4π when used to determine the CKM angle γ(φ3) via the B− → DK− decay

Measurement of integrated luminosity of data collected at 3.773 GeV by BESIII from 2021 to 2024

We present a measurement of the integrated luminosity e+e- of collision data collected by the BESIII detector at the BEPCII collider at a center-of-mass energy of Ecm = 3.773 GeV. The integrated luminosities of the datasets taken from December 2021 to June 2022, from November 2022 to June 2023, and from October 2023 to February 2024 were determined to be 4.995±0.019 fb-1, 8.157±0.031 fb-1, and 4.191±0.016 fb-1, respectively, by analyzing large angle Bhabha scattering events. The uncertainties are dominated by systematic effects, and the statistical uncertainties are negligible. Our results provide essential input for future analyses and precision measurements

Prediction of Energy Resolution in the JUNO Experiment

International audienceThis paper presents the energy resolution study in the JUNO experiment, incorporating the latest knowledge acquired during the detector construction phase. The determination of neutrino mass ordering in JUNO requires an exceptional energy resolution better than 3% at 1 MeV. To achieve this ambitious goal, significant efforts have been undertaken in the design and production of the key components of the JUNO detector. Various factors affecting the detection of inverse beta decay signals have an impact on the energy resolution, extending beyond the statistical fluctuations of the detected number of photons, such as the properties of liquid scintillator, performance of photomultiplier tubes, and the energy reconstruction algorithm. To account for these effects, a full JUNO simulation and reconstruction approach is employed. This enables the modeling of all relevant effects and the evaluation of associated inputs to accurately estimate the energy resolution. The study reveals an energy resolution of 2.95% at 1 MeV. Furthermore, the study assesses the contribution of major effects to the overall energy resolution budget. This analysis serves as a reference for interpreting future measurements of energy resolution during JUNO data taking. Moreover, it provides a guideline in comprehending the energy resolution characteristics of liquid scintillator-based detectors

Determination of the number of ψ(3686) events taken at BESIII

The number of ψ(3686) events collected by the BESIII detector during the 2021 run period is determined to be (2259.3±11.1)×106 by counting inclusive ψ(3686) hadronic events. The uncertainty is systematic and the statistical uncertainty is negligible. Meanwhile, the numbers of ψ(3686) events collected during the 2009 and 2012 run periods are updated to be (107.7±0.6)×106 and (345.4±2.6)×106, respectively. Both numbers are consistent with the previous measurements within one standard deviation. The total number of ψ(3686) events in the three data samples is (2712.4±14.3)×10^