Study on the Dynamic Impact Effect of Unconventional Emergencies on Stock and Bond Markets

The research of the impact of unconventional emergency on the stock market and bond market is one of the important concern of academia. This paper uses the VAR model to do the empirical analysis on the dynamic impact effect of unconventional emergencies on Chinese stock market, Treasury bond market and enterprise bond market. The empirical results show that it had a significant impact on the stock market, Treasury bond market and enterprise bond market when unconventional emergencies happened. On this basis, this paper constructs the impulse response functions of the impact of unconventional emergency on the stock market, Treasury bond market and enterprise bond market. Impulse response function display that the impact of unconventional emergencies on the stock market, treasury bond market and enterprise bond market is a dynamic process

Comprehensive Social Contribution Oriented Resources Optimization Model for Higher Education

In light of the shortage of the higher education resource, the optimal allocation of higher education resources is investigated in this paper. The optimization model of higher education resources is designed based on the comprehensive contribution of higher education in such aspects as economy, science and technology, and society. The solution of the model can be achieved by our proposed resources allocation algorithm based on particle swarm. By optimizing the allocation of higher education resources, the capability of social contribution of higher education is improved, and a reference scheme is provided to make efficient and reasonable use of limited resources of higher education. Key words: Higher education; Social contribution; Resources allocation; Particle swar

One-Time Password Generation and Two-Factor Authentication Using Molecules and Light

Herein, we report the first example of one-time password (OTP) generation and two-factor authentication (2FA) using a molecular approach. OTPs are passwords that are valid for one entry only. For the next login session, a new, different password is generated. This brings the advantage that any undesired recording of a password will not risk the security of the authentication process. Our molecular realization of the OTP generator is based on a photochromic molecular triad where the optical input required to set the triad to the fluorescent form differs depending on the initial isomeric state