超額流動性 的英文怎麼說

中文拼音 [chāoéliúdòngxìng]
超額流動性 英文
excess liquidity
  • 超 : Ⅰ動詞1 （越過; 高出） exceed; surpass; overtake 2 （在某個范圍以外; 不受限制） transcend; go beyo...
  • 額 : 名詞1 （額頭） forehead:寬額 a broad forehead2 （牌匾） a horizontal tablet 3 （規定的數目） a sp...
  • 流 : Ⅰ動1 （液體移動; 流動） flow 2 （移動不定） drift; move; wander 3 （流傳; 傳播） spread 4 （向壞...
  • 性 : Ⅰ名詞1 （性格） nature; character; disposition 2 （性能; 性質） property; quality 3 （性別） sex ...
  • 超額 : above the quota; overfulfil the quota
  • 流動性 : flowability; fluxility; fluidity; mobility; liquidity; flow property流動性不足 liquidity shortage...
  • 流動 : 1. （液體或氣體移動） flow; run; circulate 2. （經常變換位置） going from place to place; on the move; mobile
  1. When the iliquidity risk was not included in the test, the size effects was proved to exist in china ' s stock market. from the reality of china ' s stock, it is believed that the abnormal return can be accounted for by the illiquidity risk caused by manipulation. to verify the hypothesis, the turn - over rate, fluctuation of turn - over rate, the rate were introduced into the study. this study provided a joint test of the factors above

    這表明在我國的股票市場，小公司效應與投資環境有關，在時間上與管理層對股票市場的政策變化有較高的相關性。在不包含流動性風險的時候，對股票的超額收益與其規模因子進行分析，發現股票表現出小公司效應。筆者從中國股票市場的實際情況出發，認為小公司效應的存在是由於超額收益沒有考慮到市場操縱而產生的流動性風險。
  2. It was found that the abnormal return rate was an increasing function of the turn - over rate of the group. it seemed to be ridiculous, but it was right because the turn - over rate was highly correlated with the fluctuation of turn - over rate beneath which was often the manipulation risk. even no manipulation existed, high fluctuation mean high risk that should be compensated with high return rate

    為了驗證這一猜想，於是引入了換手率、換手率波動、流通股比例和規模因子，然後進行多因素聯合回歸分析，發現流動性風險對超額收益率的貢獻最大，由換手率或者換手率波動性衡量的流動性風險可以解釋超額收益的60 ，而規模因子的作用大大下降，甚至消失。
  3. Using standard event methodology to examine the daily abnormal returns around the prospectus date and the listing date of b shares shows that the dual listing has a negative effect on returns. these negative abnormal returns can be explained by the market segmentation hypothesis and the investor recognition theory of merton, but not consistent with the liquidity theory of amihud and mendelson

    我們發現a股上市企業在b股招股公布前價格出現明顯的正超額收益，但上市后就大幅下跌，主要原因在於投資者預期收益隨著市場分割程度的降低和投資者數量的增加而下降，與國外情況不同的是， b股上市后a股流動性降低，這也是導致價格下跌的原因之一。
  4. This paper will analyze four problems worthy of thinking deeply based on reality : definition of the connotation, the standard of the judgment and influencing factor of liquidity surplus from the perspective of speculative reserves, and the look at the problem of liquidity surplus from the angle of the micro liquidity

    本文基於既往研究中值得深思的四個問題，從商業銀行超額儲備構成出發對流動性過剩的內涵、判斷標準及影響因素進行界定，以商業銀行保持流動性成因的微觀視角管窺我國商業銀行流動性過剩問題。
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