接下来,假设存在一种无风险资产。
那么,什么来取代美国国债成为全球性的无风险资产呢?
So what might replace Treasury bonds as the global risk-free asset?
讨论了一个无风险资产和一个有风险资产的金融模型。
Financial mathematic models of a riskless asset and a risky asset are discussed in this paper.
以银行的财政状况为例,许多人利用国债作为无风险资产以实现资本用途。
Many use Treasury bonds as the risk-free asset for capital purposes. As capital Economics points out.
当你明确了这些参数后,就可以算出没有无风险资产情况下的,有效边界了。
Once you've got them together, then you can compute the efficient portfolio frontier without the riskless asset.
进而,本文考察了加入无风险资产后的最优组合问题,并给出了一个例子的求解。
The author also considered the optimum portfolio selection problem with risk-free assets and gave a instance to show how to solve the problem.
信息不仅影响投资者在无风险资产和风险资产之间的资金分配比例,而且影响风险资产组合。
The information affects not only the proportion of capital allocation in the riskless asset to that in risky ones, but also composition of risky assets.
以往关于资产组合选择的研究大多假设市场上存在无风险资产,但无风险资产实际上是不存在的。
Formerly research on portfolio selection mostly made assumption with the riskless asset, but the riskless asset does not exist in fact.
本文在风险资产价格和总产出空间内,建立了无风险资产和风险资产、信贷和商品市场的联立均衡模型。
Within the interspace of risky asset price and output, we describe simultaneous equilibrium in money and risky asset markets, and credit and goods markets.
本文在风险资产价格和总产出空间内,建立了无风险资产和风险资产、信贷和商品市场的联立均衡模型。
Within the interspaces of risky asset price and output, we describe simultaneous equilibrium in money and risky asset markets, and credit and goods markets.
这就使得必须持有无风险资产以满足流动性要求的银行们松了口气,因为这意味着它们可以持有较疲软国家的主权债务。
This induced Banks that were obliged to hold riskless assets in order to meet their liquidity requirements to earn a few extra basis points by loading up on the weaker countries' sovereign debt.
美国是全球最大的经济体,拥有流动性最强的金融市场,管理着全球最重要的储备货币,因此,美国国债已经被视为一项全球性的无风险资产。
Since America is the world's largest economy, has the most liquid financial markets and operates the world's premier reserve currency, the Treasury bond has been seen as the global risk-free asset.
有股票,债券和石油,我还想再增加最后一种资产,我们称之为无风险资产,由于长期债券持有期限很长,存在一定不确定性及风险。
I have stocks, bonds, and oil but I want also to add one more final asset, we'll call it the riskless asset, long-term bonds are somewhat uncertain and variable because they're long-term.
第四章从理论角度分析了货币市场基金的本质特征,指出货币市场基金份额本质上是一种生息资产、无风险资产,而货币市场共同基金本质上是一种特殊的中介机构。
The chapter four analyzes the MMF's nature character and points out that the MMF is the interest-bearing asset, non-risk asset and the MMMF is one special intermedia institution.
资产结构无可避免应加入杠杆操作,以便将报酬率相对于无风险报酬率放大两倍或四倍?
The inevitable levering of asset structures to double or quadruple returns relative to risk-free assets?
毕竟,国债利率是无风险利率,其他的资产的定价都扣除了这个因素。
After all, the Treasury-bond yield is the risk-free rate, off which other assets are priced.
最后全球范围内对“无风险”资产的贪求将使得这些资产有风险了。
In the end, the world's insatiable demand for the "risk-free" reserve asset will make that asset anything but risk-free.
风险中性的世界是一个假想的世界,在风险中性世界中所有风险资产的预期收益率等于无风险收益率。
The world of risk neutral is an imaginary world in which the expected return rate of all risky assets equals to risk-free return rate.
如果某个资产存在无风险的超额利润,就会产生套利行为。
If an asset has riskless super profits, there is arbitrage opportunity in the market.
在纯套利或无风险套利交易中,资产的购买和转售是同时进行的,因此套利者自己的资金不承担任何风险。
In pure or riskless arbitrage transactions, the purchase and re-sale of the asset in question are conducted simultaneously, thus the arbitrageur does not risk any of their own funds.
本文根据投资者冒风险是为了获得超过无风险收益的超额收益这一基本假定,构造了风险收益抵换率这一指标作为投资者进行资产选择的基础。
This paper constructed a new index: risk-return tradeoff ratio (RRTR), for portfolio selection, based on a premise that the reason of investors bearing the risks is to gain the super returns.
资产定价既是现代金融的核心,也是许多困惑之所在,其中最著名的就是股权溢价之谜和无风险利率之谜。
Asset pricing is considered as the core of modern finance; it involves puzzles such as the equity premium puzzle and the risk-free rate puzzle, which have attracted an extensive research interest.
无风险回报率基本上没有风险的资产的利率。
Risk Free Rate of Return The quoted rate on an asset that has virtually no risk.
无风险回报率基本上没有风险的资产的利率。
Risk Free Rate of Return The quoted rate on an asset that has virtually no risk.
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