Longer hours don't mean better market efficiency.
延长交易时间并不意味着市场效率就越高。
Thus, credit is the guarantee of market efficiency.
因此，信用是市场效率的保证。
But economists were hardly naive believers in market efficiency.
但经济学家并不是市场效率的天真信徒。
The size of spreads is not necessarily the only criterion of market efficiency.
差价的大小并不是市场效率的唯一标准.
Policy Impact, Stock Price, and the Market Efficiency of China Stock Market.
政策干预，股价波动，以及中国股票市场的效率。
All tests should on ly be directed at market inefficiency, not market efficiency.
所有的有效性检验只能检验市场无效，而不能证明其已经达到有效。
Size resulting from such linkages will also enhance market efficiency and liquidity.
市场规模因这些联系而扩大，亦会有助提高市场效率和流动性。
Greater market efficiency, it was thought, would work to achieve greater equity in health.
有人曾认为，提高市场效益将有助于增进卫生公平。
In this part, the author also puts forward a new index to measure and test the market efficiency.
而市场效率部分则根据不同的定义进行检验，本部分作者也提出相应的指标加以度量和检验。
The function of futures markets is price discovery, price risk hedging, and market efficiency improving.
期货市场的功能在于价格发现、价格风险规避及市场效率提高。
Introduce international bond market practice to the Chinese bond market to develop market efficiency.
在中国债券市场中引入国际债券市场操作规范。提高市场效率。
Whether these rules protected investors or improved overall market efficiency is a subject for debate.
这些条例是否(真正)保护了投资者利益或提高了整体市场效率则只能在辩论中找到答案。
Therefore, we can't directly copy foreign test method to examine Chinese securities market efficiency.
因此，我们不能直接照搬国外方法来检验中国证券市场的有效性。
Irregular volatility in stock price caused by information asymmetry is able to damage the market efficiency.
信息不对称使股价出现异常波动，脱离其内在价值，必然破坏市场的有效性。
Secondly this essay has a review and discussion of the empirical approaches to test for the market efficiency.
其次，本文综述和实证的方法探讨了市场效率的测试。
The positive feedback characteristic of noise traders would lead to the vicious circle of IPO market efficiency.
噪声交易者的正向反馈作用容易导致IPO市场效率的恶性循环。
This? Paper tests market efficiency through examining its capability to identify the essence of change in accounting estimate.
本文通过考察市场能否识别会计估计变更的实质来验证市场有效性。
The study of market efficiency has profound realistic significant for the Chinese stock market which is in a transforming period.
对市场效率问题的研究对于转型时期的中国股票市场具有深远的现实意义。
According to the empirical result, the paper expounds how to understand securities market efficiency from the Angle of non-linear.
根据实证研究的结果，文章阐述了如何在非线性视角下看待证券市场的有效性。
However, rational economic behaviors of rational people can't guarantee the improvement of market efficiency, but increase the social cost.
然而，理性人的理性经济行为却不能保证市场效率的提高，相反，却加大了社会成本。
However, their efficiency has numerous company's competitions more than those, there is no market efficiency of monopolizing structure high.
但是，它们的效率却比那些有众多公司竞争，不存在垄断结构的市场效率要高。
The value returning process and market efficiency have a close linkage from the perspective of equilibrium price finding of market efficiency.
从市场效率的均衡价格发现功能来说，价值回归过程与市场效率之间有着紧密的联系。
However, the asymmetry information of market dealers results in the unfairness of trade, the twisted price and the market efficiency decrease.
而市场参与者之间的信息不对称造成了交易不公、价格扭曲和市场效率的下降。
Securities market is an information mobile market, that full information disclosure is the key aspect to guarantee the securities market efficiency.
证券市场是一个信息流动的市场，充分的信息披露是保证证券市场效率的关键因素。
Securities market is an information mobile market, that full information disclosure is the key aspect to guarantee the securities market efficiency.
证券市场是一个信息流动的市场，充分的信息披露是保证证券市场效率的关键因素。
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