教科书上称，资本应该会从诸如美国这样的资本充裕的发达国家向资本相对匮乏的穷国流动，比如说中国，这样的回报率会更高。
According to the textbooks, capital should flow from rich countries with abundant capital, such as America, to poorer ones, such as China, where capital is relatively scarce, so returns are higher.
一些风险投资家渴望股票增长，受困于小回报率，开始投向相对小的公司，希望能够碰上下个Facebook初期。
Some venture capitalists, hungry for growth and troubled by weak returns, have moved toward smaller investments, hoping to catch the next Facebook in its infancy.
帕塞拉先生相对放松，声称利率和坏账费用正常化将提高权益回报率，令银行大赚一笔。
Mr Passera is relatively relaxed, arguing that the normalisation of interest rates and bad-debt charges will boost returns on equity and allow the bank to generate lots of cash.
与之相对照的是大部分欧洲城市，回报率低到可怜的5%以下。
By contrast most European cities offered feeble returns of under 5%.
如果一个超级天使在一年内得到10倍的回报，相对于一个风投希望从花六年时间上市的公司那里所得的，是一个更高的回报率。
If a super-angel gets 10x in one year, that's a higher rate of return than a VC could ever hope to get from a company that took 6 years to go public.
埃森哲的帕克认同他的观点：“(科技公司)已经赚了更多的钱，实现了更高的利润率，为何还要进入一个股本回报率相对低的领域？”他问。
Accenture's Mr Parker agrees: "[Tech companies] already make more money, are more profitable, so why move into a sector that has comparatively poor return on equity?" he asks.
银行存款的缓冲作用相对于贷款来说，也应该会减小，因为储蓄率降低而且人们把钱放到了回报率高的股票和国债上。
Banks' buffers of deposits should also shrink, relative to loans, as the savings rate falls and as people move cash into higher-return shares and bonds (earning Banks fees in the process).
只要它们认为稳定的汇率优先，利率和未来回报率相对可能就没那么重要了。
To the extent that they see a stable exchange rate as the top priority they may be relatively relaxed about yields and future returns.
艺术品的持有期也是产生回报率的一个关键因素。斯通表示，相对较长的持有期是产生回报率的必要条件。
The holding period of art works is also a key factor for generating return. Mr Stone says relatively long holding periods are necessary to generate returns.
全球化——似乎降低了雇用低技能劳动力的相对成本并且提升了资本回报率——也是成因之一。
Globalisation, which seems to have lowered the relative cost of unskilled Labour and boosted the return to capital, has also played its part.
信息的传达效率和回报率相对较低。
The transmission efficiency and return rate of the information are relatively low.
花旗集团解释说相对于其它业务，保险业的发展前景有限，资金回报率低。
Citigroup says that insurance has worse growth prospects and a lower return on capital than its other businesses.
我发现，对于相对低估的股票，股票回报率在特质风险下单调递增；对于相对高估的股票，股票回报率在特质风险下单调递减。
I... nd that stock returns monotonically increase in idiosyncratic risk for relatively undervalued stocks and monotonically decrease in idiosyncratic risk for relatively overvalued stocks.
我发现，对于相对低估的股票，股票回报率在特质风险下单调递增；对于相对高估的股票，股票回报率在特质风险下单调递减。
I... nd that stock returns monotonically increase in idiosyncratic risk for relatively undervalued stocks and monotonically decrease in idiosyncratic risk for relatively overvalued stocks.
应用推荐