The data on unemployment were too spotty to be comparable and so this important factor is discounted too.
失业这样重要的因素也要被忽略掉,因为数据质量参差不齐,不具可比性。
Other things being equal, a reduction in short-term interest rates should bump up asset values, because their stream of future earnings is discounted by a smaller factor.
在在其他因素不变的情况下,短期利率的降低会减小贴现因子,从而引起资产价格(即未来的现金流入的现值)上升。
Other things being equal, a reduction in short - term interest rates should bump up asset values, because their stream of future earnings is discounted by a smaller factor.
在在其他因素不变的情况下,短期利率的降低会减小贴现因子,从而引起资产价格(即未来的现金流入的现值)上升。
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