That means, in the simplest-- it's called the expectations theory of the term structure.
这意味着,在最简单的利率期限结构理论,即利率期限结构的预期理论中
Now, I want to talk about the term structure of interest rates and that's my next plot here.
接下来我要讲利率期限结构,下一张图是
This is January of this year, before the Fed cut interest rates, and this is the term structure.
这是今年一月,联储局降息前的期限结构图
This paper analyzes principal components constructing the term structure of interest rates in China.
本文采用主成分分析的方法对我国的利率期限结构进行了研究。
The theory of the term structure is the theory of how interest rates differ according to maturity or term.
利率期限结构理论就是,怎样由不同的期限,产生不同的利率?
So, I've got here a term structure; well, the term structure is the plot of yield-to-maturity against time-to-maturity.
我这有一张期限结构图,期限结构其实是,到期收益率与到期期限之间的关系图。
The problem of the term structure of interest rates is about the relation between instantaneous rates and maturities.
利率期限结构研究不同期限国债即期利率与到期期限之间的关系。
Then the — so the term structure was downward-sloping until about two and a half years and then it was upward sloping.
期限结构线先向下倾斜,在到期期限过了两年半的时点后,才缓慢回升。
The foreign researchers focused on the factors affecting the term structure and put forward many term structure theories.
国外的研究者对影响利率期限结构的因素十分关注,并提出了许多利率期限结构的理论。
The term structure is one of the most interesting things in economics because it shows the price of time at various maturities.
经济学中,期限结构是个有趣的话题,因为它揭示了不同到期期限的时间价值。
This dissertation's research on the term structure of interest rate can be separated into two parts: static state and dynamic state.
本文对利率期限结构的实证研究主要分为静态研究和动态研究两个方面。
The term structure of interest rates describes the relationships between the yields of zero coupon bonds and their terms to maturity.
利率期限结构描述了不同期限零息债券的收益率及其与到期期限之间关系。
The term structure of riskless interest rates was established by the relationship between riskless interest rates and the terms of mature.
并通过无风险利率与到期期限之间的函数关系来确定无风险利率的期限结构。
As the interest rate changes more frequently, modeling the term structure of interest rates and constructing a yield curve become more important.
因此,如何对利率期限结构进行建模,拟合出一条可靠、完整的收益率曲线变得越来越重要。
Considering of the latest researches in the world, this thesis focuses on the term structure of interest rates behavior in the Chinese bond market.
鉴于此,本文将密切联系中国债券市场的实际,在借鉴国外研究成果的基础上,对中国国债的利率期限结构进行研究。
We're talking about discount bonds, and then coupon-carrying bonds, and then talk about the term structure of interest rates and why we have interest rates.
我们先讲贴现债券,然后是附息债券,再讲讲利率的期限结构,以及为什么要有利率?
Analysis of the term structure of interest rate is the basis of asset pricing, financial product design, hedging and risk management, arbitraging and so on.
利率期限结构分析是资产定价、金融产品设计、保值和风险管理、套利等的基础。
What he says is those forward rates are what people think interest rates will be in the future and that's called the expectations theory of the term structure.
这里所指的远期利率就是人们预期的,未来利率,我们将这种理论称作,利率期限结构的预期理论。
Forward rates I wrote a survey article years ago about the term structure of interest rates and I wanted to find out who was the originator of the term "forward rate."
远期利率,很多年前我写过一篇,研究利率期限结构的文章,我想知道谁是“远期利率”这个词的创始人。
Additionally, the results show that the term structure of interest rates of different maturities can be obtained with the nested Markov regime switching CKLS model.
此外,结果表明不同到期日利率期限结构可由缩压的马尔科夫区制转移CKLS模型获得。
Look how — this is as of earlier this year; the Federal Funds Rate was at around 4% and it has this huge drop in the term structure and then it starts the upward-sloping.
这是今年早些时候的图形,当时联邦利率徘徊在4%,但期限结构,在此处急转直下之后又开始掉头向上。
In the developed financial markets, the term structure of repo rate follows pure expectation hypothesis, and risk premium is not significant both economically and statistically.
在发达的金融市场上,回购利率的期限结构服从纯预期假设,无论从经济意义上还是从统计意义上来说风险溢酬都不显著。
So you — it doesn't — this theory doesn't say a whole lot about what the term structure will look like but it suggests that it's determined by the interplay of lots of economic factors.
这个理论没有详细说明期限结构,期限结构是什么样子的,但它指出了这是由,经济因素间的相互作用决定的?
We can simplify the analysis of the change of interest rate curve by using the PCA(principal(components) analysis), and get better known to the term structure of the interest rates.
文章认为运用主成分分析方法能极大地简化对利率曲线变化的分析,便于准确了解利率曲线结构变动的模式。
The value of interest rate, which is the price of funds, is different with the fund's maturity, and the term structure of interest rate is the combination of those different values.
作为资金价格的利率水平因期限不同而异,这种关系就是我们所要研究的利率期限结构。
The value of interest rate, which is the price of funds, is different with the fund's maturity, and the term structure of interest rate is the combination of those different values.
作为资金价格的利率水平因期限不同而异,这种关系就是我们所要研究的利率期限结构。
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