Owing to the increase of anticipated expense,the households have to cut down temporary consumption and raise the level of preventive saving.
而消费需求的不足,是因为社会保障体系不健全,老百姓预期支出增加,因此只好压缩即期消费,增加储蓄以预防不测。
We test seven spot rate and forward rate models with one and two factor forward rate model for interest rate warrants for the period from 1990 to 1993 and identify a one factor forward rate model and two spot rate models with two factors that are not significantly outperformed by any of the other four models.
采用了有关市场的数据来检验7个具有单因素与双因素的即期利率与远期利率模型 ,由此得到一个单因子远期利率模型与两个双因子模型 ,即期利率模型与其它 4个模型之间并无明显的区
The empirical ccausality tests be- tween Non-deliverable Forward(NDF)and spot rate are done.
通过对离岸人民币非交割远期(NDF)和即期汇率的因果关系检验表明:改革后,境内现汇市场显现出本土信息优势,表现为即期汇率引导1月和1年期NDF;1月期NDF引导即期汇率,1年期NDF不引导即期汇率,表明参与1月期NDF是以套期保值的投资者为主,1年期是投机者为主。
Research of the Optimal Time to Develop and Its Passage Problem for Real Estate Developers under the Immediate Profit;
存在即期收益时房地产开发的投资时机与可达性问题研究