进而给出国际收支对流动性效应的详细分析。
Then give the international balance of payments effect on the flow of a detailed analysis.
实证结果表明，交易的价格和流动性效应与交易中的信息内容显著相关。
Our empirical results show that prices and liquidity effects are significantly associated with information content as measured by trades size and timing relative to information events.
汇率失衡及其调整，通过流动性效应、预期效应、财富效应、溢出效应以及信贷扩张或收缩效应等影响房地产价格。
Exchange rate disequilibrium and adjustment will affect the price of real estate by liquidity effect, expectation effect, wealth effect, spill-over effect, and credit expansion or depression effect.
有些资产类别(特别是非流动性种类)受制于“划船效应”的影响。
Some asset classes (particularly illiquid ones) can be subject to a "rowing boat" effect.
不可否认，流动性过剩和股市的财富效应将巨量的资金赶出银行，吸入股市，一定程度上加剧了泡沫的成长。
Can't deny, mobility excess and the wealth effect of stock market expel the funds of huge quantity bank, inhale stock market and turned worse the growth of bubble in the certain degree.
主要结论是：流动性过剩正冲击对物价仅有短期正效应，即在短期促使物价上涨。
We conclude that liquidity surplus only has a short-term positive effect upon the price level, which means liquidity surplus may raise price level in a short period of time.
流动性过剩正冲击对产出有正效应，而且其效果是中长期有效的，即流动性过剩在中长期促进产出增长。
The positive impact of liquidity surplus has positive effect upon the output, and it is long-run effect, i. e. the liquidity surplus promotes output to increase in a long run.
因此，细化变质对合金流动性的影响是延迟枝晶搭接的正面效应与增加固相分散度使粘滞力增加的负面效应相互作用的结果。
Therefore, the influence of alloy refine and modify is a result decided by both positive effects of delay of dendrite contact and negative effects of increase viscous force with solid-phase increased.
因此，细化变质对合金流动性的影响是延迟枝晶搭接的正面效应与增加固相分散度使粘滞力增加的负面效应相互作用的结果。
Therefore, the influence of alloy refine and modify is a result decided by both positive effects of delay of dendrite contact and negative effects of increase viscous force with solid-phase increased.
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