对于一个新的投机泡沫的担忧可分为三种。
Concerns about a new speculative bubble fall into three categories.
像所有的投机泡沫，人们都在开始时赚了钱。
Like all speculative bubbles, many made a fortune in the beginning.
这些政策旨在避免房地产等领域出现投机泡沫。
The moves were aimed at avoiding speculative bubbles in areas like real estate.
我们描述的是一个能够形成房价投机泡沫的合理预期模型。
We describe a rational expectations model in which speculative bubbles in house prices can emerge.
一些分析家相信投机者夸大了农产品和矿产品的投机泡沫。
Some analysts believe that investors have inflated a speculative bubble in commodities.
即使价格下降是由于投机泡沫的破灭造成的，也仍然是个好消息。
It's also good news if prices fall due to the collapse of a speculative bubble.
本文利用行为金融理论研究非理性投机泡沫的生成机理。
This paper would introduce the birth principle of irrational speculative bubbles.
如果将投机泡沫从市场剔除，便万事大吉，遭受损失的只有少数对冲基金。
If, as many people believe, the speculative froth is being taken out of the market, then all well and good. The only losers should be a few hedge funds.
每个投机泡沫就好比一封连锁信，利润是由后来入市者提供的。
Every speculative bubble resembles a chain letter in that profits are provided by late entrants to the market.
投机泡沫理论可分为理性投机泡沫和非理性投机泡沫两个方向。
The theory of speculative bubbles can be divided into two parts: rational speculative bubbles and irrational speculative bubbles.
日本在90年代房地产和股市的投机泡沫破裂后，发现了这个道理。
Japan found this out to its cost in the 1990s after the bursting of a spectacular bubble in property and stock prices.
本文根据历史泡沫事件的特征，提出了一个投机泡沫的混合理性模型。
Based on characteristics of historical bubble events, this paper presents a hybrid-rational model of speculative bubbles.
虽然法国免遭最为严重的投机泡沫，但却深受失业之苦，这也是其经济长期的弱点。
The French may have been spared the worst of the speculative bubble, but they have been badly battered by unemployment, the economy's longstanding weak spot.
介绍现有的非理性投机泡沫模型：时尚模型、传染模型、噪音投资者模型。
It also would introduce some irrational speculative bubbles model, such as Fads model, Contagion model and DSSW.
赫尼希说他担心继续长期的保持低利率可能导致投资者冒风险，并且引起新的投机泡沫。
Hoenig said he fears keeping rates too low for too long could lead to excessive risk-taking by investors, feeding new speculative bubbles.
这些观点被用来评估2000- 2008年期间美国城市房价被投机泡沫驱动的程度。
These insights are used to assess the extent to which house prices in us cities were driven by speculative bubbles over the period 2000-2008.
非理性投机泡沫认为，资产价格泡沫是市场主体行为的结果，是一种客观存在。
The irrational speculative bubbles thinks the asset price bubbles is made by the behavior of investor in market.
在研究股票市场非理性投机泡沫普遍规律的同时，文中适当举了一些中国的例子。
This paper would give some Chinese example when studying the common law of irrational speculative bubbles.
本文首先在对现有的投机泡沫概念进行介绍和阐释的基础上，给出非理性投机泡沫的定义；
This paper would introduce the speculative bubbles theory simply, and would give a definition of irrational speculative bubbles.
与上次投机泡沫的中心.com公司不同，此次“淘金热”的中心看上去无比坚固——美国人的住房。
Unlike the dot-com companies at the heart of the last speculative investment bubble, the new gold rush was centered on something that seemed unimpeachably solid — the American home.
理性投机泡沫研究主要遵循理性人的研究范式，其中占据主导地位的是理性投机泡沫模型。
The rational speculative bubbles follows the way of rational people. The important in it is the rational speculative bubbles model.
结合我们的模型，这方面的证据表明，这些投机泡沫是驱动城市房价从繁荣到萧条循环的一个重要因素。
Combined with our model, this evidence suggests that speculative bubbles were an important factor driving prices in cities with boom-bust cycles.
韩国银行行长李太成(Lee Seong - tae)确信，韩国央行，就如同其它国家央行一样，将会不得不越来越多地注意投机泡沫的风险。
Lee Seong-tae, the governor of the bank of Korea, believes that the central bank, like others elsewhere, will have to be increasingly alert to the risk of speculative bubbles.
投机的泡沫建立在赌局之上，以此作为其自身的基础。
The speculative bubble was based on a bet that served as its own foundation.
或者，高位物价只是泡沫，只是期货市场上投机活动的结果而已？
Or are high prices simply a bubble, the result of speculative activity in the futures markets?
他会降低投机成本，从而催生泡沫。
By reducing the cost of speculation, they encourage bubbles.
他会降低投机成本，从而催生泡沫。
By reducing the cost of speculation, they encourage bubbles.
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