The study shows that debt policy which overconfident managers pursue appears radical tendency.
研究发现过度自信管理者实施的债务政策呈现激进倾向；
Like ours, the focus of their paper is on the impact of the tax benefits of employee stock options on capital structure and debt policy.
和我们论文相似，他们论文的焦点也是员工股票选择权的税收优惠对资本结构和债务政策的影响。
As an important means of macro-adjustment and control, the effect of national debt policy has been attached more and more importance by the public.
作为宏观经济调控的重要手段，国债的政策效应也越来越为人们所重视。
This paper argues that a debt policy model based on the theory of capital structure policy can effectively generate quantitative evaluations of the debt policies of Chinese listed companies.
应用资本结构政策理论所构建的债务政策模型，可以对我国上市公司债务政策进行有效的量化评价。
The meeting produced the usual bromides about macroeconomic policy, third-world debt and the environment.
会议上提出的还是那些老掉了牙的话题：宏观经济政策、第三世界债务和环境问题。
The Netherlands will still handle the islands' defence and foreign policy, and at first will oversee Curaçao’s debt.
荷兰仍将负责该岛屿的国防和外交事务，首先将监督库拉索岛的债务。
Even a temporary extension [of the Bush tax cuts] would add to federal debt and reduce future income if it was not accompanied by other changes in policy.
(小布什的赋税减少政策)即使是暂时的扩张，如果不辅以其他政策上的调整，都会增加联邦债务、减少未来的财政收入。
Pessimists point to Japan's travails as a lesson in how a deflating asset-price bubble and a vast overhang of debt can defeat all that monetary and fiscal policy can throw at it.
悲观主义者以日本的痛苦经历作为一个教训，告诉我们资产价格泡沫破灭和巨大的债务负担是如何击败所有可以实施的货币和财政政策。
A shock caused by a huge fight over fiscal policy - the debate over the terms on which to raise the debt ceiling - has caused a run into, not out of, us government bonds.
围绕财政政策的激烈争吵(即针对提高债务上限条件的争论)所造成的冲击，反而导致了投资者更加追捧、而不是逃离美国国债。
Fiscal policy, which splurged in past years, must now be tightened to preserve a legal limit on government debt.
过去几年放任的财政政策现在为了守住法律规定的债务上限而必须收紧。
The real issue to the United States is not the debt borrowed but one to borrow which has to borrow if the current policy remained.
美国真正的问题不是已经借的债，而是将要借的债，即如果现行政策不变，将不得不借的债。
The real issue to the United States is not the debt borrowed, but one to borrow, which has to borrow if the current policy remained.
美国真正的问题不是已经借的债，而是将要借的债，即如果现行政策不变，将不得不借的债。
The finance ministry blames the bank of Japan for failing to tackle deflation. The central bank blames lax fiscal policy for the country's debt.
财务大臣谴责日本银行未能解决通货紧缩，而央行则怪罪针对国家负债的宽松财政政策。
Last year, the Fed actually did institute a policy of buying long-term debt, generally known as "quantitative easing" (don't ask).
去年，美联储实际上推出了购买长期债券的政策，一般被称为“量化宽松”(不要为什么这样叫)。
Dagong, which has maintained a pessimistic outlook on US fiscal policy, has been leading the charge to downgrade US debt over the last 12 months, lowering the US rating from AA to a + a year ago.
大公公司一直对美国的财政政策持悲观态度，在过去的12个月里主导了对美国的债务降级，并在一年前将美国评级从AA降级到A +。
The first is a numerical policy rule, such as a target for the debt ratio or, as in Chile, a pledge to run a budget surplus of 1% of GDP over the business cycle.
首先，要有一个量化的政策体系，例如债务目标比率，或像智利一样，在经济周期中把预算盈余设定为占gdp的1%。
In continental Europe, the record suggests that activist fiscal policy brought permanently higher public spending and debt-a point Mr Trichet has been quick to note.
欧洲大陆的历史数据也显示，积极的财政政策导致居高不下的公共开支与负债——这一点特里谢曾一针见血地指出。
So the Fed is shifting from its usual policy of buying only short-term debt, and is now buying long-term debt — a policy generally referred to as “quantitative easing.
所以，从通常的只购买短期债券美联储转为现在的购买长期债券——这种政策通常被称为“量化宽松”。
The budget also authorised the use of up to $7.5 billion of the central bank’s foreign-currency reserves to pay maturing debt, a policy that critics argue will further fuel inflation.
预算开支也增加到75亿美元的中央银行外币储备用来支付到期国债，饱受批评人士质疑的政策将进一步加剧通胀。
Japan's zero-interest-rate policy was designed to bail out debt-laden firms and Banks, but today, with much healthier balance sheets, they no longer need that subsidy.
日本制定零利率政策的本意是为了使负债公司和银行摆脱窘境。可时至今日，它们以优良的资产负债表证明已不再需要政策扶持。
In Europe output could slow as sovereign debt fears spread beyond Greece, forcing the likes of Portugal (see article) to tighten fiscal policy faster.
在欧洲，出口会随着比希腊更甚的对外债的担忧而放缓，从而迫使其像葡萄牙(如图)那样更快地收紧财政政策。
Analysts say Mr Stark opposed the Central Bank's policy of buying the bonds of debt-ridden countries.
分析人员称，斯塔克反对中央银行购买债务缠身的成员国债券的政策。
While the bank's exercise does not seem to have done much to ease the pressure on Greek or Irish sovereign debt, it has left the ECB deeply entrenched in fiscal policy and undermined its independence.
如果央行的做法不能缓解希腊或爱尔兰的主权危机的压力时，它就在财政政策方面把欧洲央行卷入其中，严重削弱了其独立性。
A CDS is essentially an insurance policy on debt, priced to indicate the risk of a debtor's defaulting.
本质上说，CDS是债务的保险，它的价格指示了债务人违约的风险程度。
Confidence probably suffered from renewed debt-crisis fears in Europe. Perhaps more important, contractionary policy in Europe and emerging Asia chipped away at global demand for American exports.
欧洲债务危机打击各方信心，更重要的是，亚欧为美国的出口需求急剧下滑。
Confidence probably suffered from renewed debt-crisis fears in Europe. Perhaps more important, contractionary policy in Europe and emerging Asia chipped away at global demand for American exports.
欧洲债务危机打击各方信心，更重要的是，亚欧为美国的出口需求急剧下滑。
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