波动溢出效应是指一个金融市场的波动不仅受到本身历史波动程度的影响，而且还可能会受到其他市场波动程度的制约。
Volatility spillover effect means that the volatility of a financial market is influenced not only by the historical volatility of its own, but also by the volatility of other markets.
这表明，在金融危机发生时，世界各主要股票市场的股指对上证综指存在显著的波动溢出效应。
This indicates that the world's major stock market indexes have significant volatility spillover effects on the Shanghai Composite index when the financial crisis occur.
总得来说，网络金融外部性是在网络金融环境中，私人成本或私人收益在金融活动中向第三方溢出的外部经济效应。
In conclusion, Network Financial Externality is the external economic effect on the tertiary side, which is imposed by the private cost or private income.
从非对称溢出效应来看，存在股票市场对可转债市场的波动溢出的非对称性，由此可以看出，股票市场仍然是出于绝对支配地位的金融市场。
Thirdly, there is asymmetric spillovers effect from stock to bonds convertible markets. So we can see that the stock market is still absolutely dominant in these two financial markets.
金融市场中的波动溢出效应研究对资产组合配置、金融风险防范以及相关政策制定具有重要意义。
Study on volatility spillover in financial markets is important for portfolio allocation, financial risk prevention, and related policy making.
金融市场中的波动溢出效应研究对资产组合配置、金融风险防范以及相关政策制定具有重要意义。
Study on volatility spillover in financial markets is important for portfolio allocation, financial risk prevention, and related policy making.
应用推荐