[3] viXra:2407.0122 [pdf] submitted on 2024-07-22 18:52:57
Authors: Yingrui Yang
Comments: 15 Pages.
The sub-economic dynamics studies the relationship between people's economic impulses and market behavior. Using Bourbaki structuralism as a philosophical consideration and quantum chromodynamics as a conceptual and modeling method, sub-economic dynamics theory is constructed. In this theory, we discuss the deep structure of the free market and analyze the errors in Mises' anthropological arguments. Sub-economic dynamics is the psychological basis of market dynamics. Guided by the preface, this paper is divided into six sections: (1) The Free Market and Impulse Flavor Charge, including topics such as the fate of the free market, the food chain and psychology, and the flavor charge of economic impulses; (2) The Nature of Economic Impulses, including topics such as the flavor and generation of impulses and counter-impulses, and the bound state of impulses and fractional market charges; (3) Freud's Flavor Charge Space and Spin, including topics such as the Pauli exclusion principle and flavor charge, and Freud's personality theory; (4) Consciousness and Gluons; (5) Gauge Transformations and SU(3) Symmetry Group; and (6) General Discussion.Keywords: free market; self-regard; others-regard; sub-economic impulse; flavor charge; quark; color charge; Freud; consciousness; gluon; gauge transformation; symmetry group
Category: Economics and Finance
[2] viXra:2407.0108 [pdf] submitted on 2024-07-19 02:41:01
Authors: Hyun-Tak Kim
Comments: 3 Pages. 2 Figures
In the Korean National Assembly, people are passionately debating innovative strategies to reform the nation's defined benefit retirement pension system in light of the national pension fund’s anticipated depletion by 2055. Current proposals, such as raising pension contribution rates and income replacement rates, appear to be mere stopgap measures. We advocate for leveraging the fund through the snowball effect as a strategic solution to these challenges. This leverage could be achieved through exchange-traded funds with high return rates, although they come with high volatility. Additionally, the Korean people must adopt a defined contribution retirement pension system, similar to the 401(k) in the USA.
Category: Economics and Finance
[1] viXra:2407.0087 [pdf] submitted on 2024-07-13 19:21:06
Authors: David Lee
Comments: 22 Pages.
Interest rate curves play an important role in financial market. Curve forecasting is used for risk management, hedge, and arbitrage. The article proposes a model for simulating forward interest rate. The number of drivers is to be three to adequately capture the short-, medium-, and long-term rates since each is driven by different mechanism, e.g., short-end is driven primarily by policy maker; long-end driven by market, although policy maker could also assert influence through Operation "Twist".
Category: Economics and Finance