We observe that the period between Cold War era and the event of 911, variation in foreign military threats leads to variation in defense resources and fluctuations in the labor market. Using an intertemporal optimization dynamic model, this paper explores the impacts of foreign military threats...

English Abstract: On 13 December 2013, Jen-Chang Liu reviewed Shin-Yun Wang's (2014) newly published textbook and found enormous questionable issues. In particular, the textbook transmitted erroneous information copied across from other textbooks. On 7 January 2014, Liu notified the authors and...

Chinese Abstract:...