(总第446期第40卷)6月20日出版 (月刊) 中国居民财产分布不均等及其原因的经验分析…………………………李实 魏众 丁赛 (4) 不同所有制企业的工资决定机制考察……………………………………………邢春冰 (16) 中国经济周期特征与财政政策效应………………………………………………黄赜琳 (27) 财政分权、转换系数与经济增长……………………………………………云鹤 舒元 (40) 中国全要素生产率的估算：1979—2004………………………………郭庆旺 贾俊雪 (51) 利率调整和通货膨胀预期对大宗商品价格波动的影响 ——基于中国市场粮价和通货膨胀关系的经验研究…………………李敬辉 范志勇 (61) 对外开放和经济波动的关联性检验 ——中国和东亚新兴市场国家的案例…………………………………孙立坚 孙立行 (69) 贸易统计差异与中美贸易平衡问题……………………………………………沈国兵 (82) 企业改制模式和改制绩效 ——基于企业数据调查的经验分析………………………………………陆挺 刘小玄 (94) 中国商业银行成本效率实证研究………………………………迟国泰 孙秀峰 芦丹 (104) 中小投资者法律保护与公司权益资本成本……………………沈艺峰 肖珉 黄娟娟 (115) 探讨成本最小的改革之路 ——评李实、佐藤宏主编的《经济转型的代价》…………………………蔡昉 (125) Economic Research Journal (Monthly) Vol.40No.5 May, 2005 CONTENTS Empirical Analysis on the Inequality and the Reason of China Residents' Property Distribution………………………………Li Shi, Wei Zhong, and Ding Sai (4) On the Wage Determination System in State Owned, Collective Owned, and Private Sectors 1989—1997………………………………………Xing Chunbing (16) A Study on Business cycle and the Effects of Fiscal Policy in China: An Empivicel Study on a RBC Model with Three Sections ………………………………………………………… Huang Zelin (27) Fiscal Decentralization, Transform Coefficient and Economic Growth …………………………………………………………Yun He and Shu Yuan (40) Estimating Total Factor Productivity in China:1979—2004 …………………………………………………Guo Qingwang and Jia Junxue (51) The Impact of Interest Rate and Inflation Expection on the Price Fluctuation of Bulking Trading Merchandise…………Li Jinghui and Fan Zhiyong (61) Market Openness and Economic Fluctuation:The Case of East Asia and China …………………………………………………………Sun Lijian & Sun Lixing (69) Trade Statistical Discrepancies and U.S.China Trade Balance Issues …………………………………………………………Shen Guobing (82) The Gaizhi Models and Gaizhi Performance in Chinese Transition: An Empirical Studies on the Firm Survey Data……Lu Ting and Liu Xiaoxuan (94) The Empirical Analysis on the Cost Efficiencies of Chinese Commercial Banks ………………………………………Chi Guotai, Sun Xiufeng, and Lu Dan (104) Investor Protection and Corporation Cost of Equity …………………………………Shen Yifeng, Xiao Min, and Huang Juanjuan (115) Explore a Way to Minimize the Cost of Economic Reform ——Review on Cost of China Transition ( by Li Shi) …………………………………………………………Cai Fang (125)