The recently closed Spring Meeting of International Monetary Fund and World Bank (hereinafter abbreviated to IMF and WB) will leave an important stroke on the history of international economic order.
刚刚闭幕的国际货币基金组织和世界银行（以下简称基金组织和世行）春季会议将在国际经济秩序演进的历史中留下重要一笔。
Blackstone closed its first fund and locked in investor commitments on October 15th 1987-just days before Black Monday.
1987年10月15日，黑石集团关闭了公司的首支基金，并锁定了投资者的委托资金——这仅发生在黑色星期一的前几天。
Tired of the stress, he closed the fund.
他厌倦了压力，关闭基金。
The Global Fund closed its latest round of funding applications this week but much of the money committed remains unused (see chart).
全球基金于此周终止了最新一轮的拨款申请，然而大部分资金都没有被动用。
A noted sceptic on the dotcom and housing booms, he closed his short-only fund (which bet on falling prices) in 2008.
作为对互联网和房地产繁荣的著名怀疑论者，他在2008年关闭了公司空头基金(做空，即赌股价下跌)。
One retail route to the A-share market, he said, is the Morgan Stanley China a share Fund, a closed-end offering that started in 2007.
他说，一种进入A股市场的零售渠道是摩根·士丹利中国A股基金(Morgan Stanley ChinaaShare Fund)，这是从2007年开始推出的一种封闭型基金。
Shrugging off the embarrassment of seeing one of its fixed-income funds blow up in March, Carlyle Group this month closed a $1.4 billion fund to take advantage of bargain prices.
本月CarlyleGroup关闭了一家140亿美元的基金，意图把握现在的低廉价格，将三月份公司旗下的固定收入基金爆仓的尴尬一扫而光。
Due to its shortage of fund and poor management, this airline company eventually closed down.
由于缺乏资金和管理落后，这家航空公司最终倒闭了。
The discount of closed-end fund always is one of the puzzles in financial area.
封闭式基金折价现象一直是金融领域中的一个难解之谜。
Several research institutions were closed down for lack of fund.
由于缺乏资金，好几家研究所被迫关门了。
The liquidity lack of fund market is the main reason that cause the discount of closed-end fund of our country.
基金市场流动性的缺失是造成目前我国封闭式基金深度折价交易现象的主要原因。
However, because of the special operation environment, China closed-end fund discount has its own characteristics different from that of foreign countries, which deserve further research.
而我国的封闭式基金因为运行环境的特殊性，存在着许多有别于国外封闭式基金的特点，值得深入的研究。
Then in 1993, Congress closed all federal search outside civilized fund suddenly.
然后在1993年，国会突然关闭所有联邦搜寻地外文明的资金。
The closed - end fund discount phenomenon is a puzzle that has existed for a long time and has attracted much attention of economists.
封闭式基金的价格折扣现象是一个长期存在的谜题，一直备受学者关注。
From the Angle of the agent's cost which comes from the principal-agent between the investor and fund manager, the article analyses the reason of the discount of closed-end fund of our country.
从投资者和基金经理之间委托代理产生的代理成本的角度，分析了我国封闭式基金折价的原因。
With a view to trade at discounts of closed-end funds, this paper tries to answer what is the character of the closed-end fund discount in Chinese market.
针对封闭式基金折价交易现象，本文解释我国封闭式基金折价交易的表现特征。
The discount of closed-end fund violates the financial theory and challenges "the Efficient Market Hypothesis", but there is no improved and convinced theory to explain it.
折价现象违背了“有效市场假说”，但至今没有完善、令人信服的理论充分解释。
A fund can be operated in a closed, open, or any other way.
基金运作方式可以采用封闭式、开放式或者其他方式。
Instead, closed fund should continue to keep its unique characteristic and play an improtant role with open fund in stock market.
它不应该被开放式基金所取代，而应该继续保持自己的独立性，与开放式基金一起在证券市场上发挥作用。
Closed-end fund discount is a puzzle which perturbs many people, for it violates the efficient market hypothesis and challenges the modern financial theory.
封闭型基金折价是一个一直困扰人们的难解之谜，它违背了有效市场假说，是对现代金融理论的一种挑战。
This dissertation proceeds both behavioral finance and traditional finance, especially the former to understand the "closed-end fund puzzle"from the Chinese experience.
本论文尝试将行为金融学和主流金融学的思想融合在一起，尤其是前者，来研究中国的封闭式基金。
The standard financial theory can't satisfactorily explain this phenomenon, therefore, we call this phenomenon closed-end fund puzzles.
由于标准金融理论很难圆满解释这一现象，因而被称为“封闭式基金之谜”。
We set up a model so as to explain the discount of the closed-end fund.
建立基金定价模型，能以期对封闭式基金的折价作出合理的府释。
The high discount phenomenon of our closed-end fund is unreasonable, it has caused high attention of the theory & practice field.
我国封闭式基金这种普遍的高折价现象是不合乎情理的，已经引起了理论及实务界的高度重视。
This paper attempts to investigate the potential cause of closed-end fund discounts in China.
本文试图研究中国封闭式基金折价的潜在原因。
Chapter two is "the choice of tools those are used in the empirical analysis of the closed-end fund".
第二章，封闭式基金绩效分析工具选择。该部分对本文实证研究需要用到的分析工具进行一定的说明。
Shops and restaurants are closed on Sundays: "If you want a Sunday lunch, you have to drive to France, " laments Simon, a hedge-fund manager.
商店和餐馆在周日都会停业。一位对冲基金经理西蒙叹息道：“如果你想来一顿周日午餐，你必须开车去法国。”
Our results show that tick size is helpful to enhance the market efficiency of Shanghai closed-end fund market.
实证结果表明，最小报价单位影响市场效率，最小报价单位“分改厘”提高了上海封闭式基金的市场效率。
Our results show that tick size is helpful to enhance the market efficiency of Shanghai closed-end fund market.
实证结果表明，最小报价单位影响市场效率，最小报价单位“分改厘”提高了上海封闭式基金的市场效率。
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