The primary effect of all these changes will be to make it more expensive to expand the balance-sheet.

所有这些变化的首要影响是使扩张资产负债表的成本变得更加高昂。

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In addition, PBC also mentioned that the reserve tools may form a balance sheet effect and the signal sense is relatively strong, so there are more restrictions on RRR cuts.

此外央行还提到准备金工具可能形成资产负债表效应且信号意义较强，所以降准受到的制约较多。

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It showed that when we apply this model to China, the competition effect is weaker than the balance sheet channel.

通过分析我国的新斯旺模型，本研究发现具有竞争效应小于平衡表效应的特征。

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Unlike the opaque Lehman, MF Global fully disclosed the trades and their accounting treatment including the off-balance sheet effect.

FORBES: Uncontrolled Risk Taking, Not Bad Accounting, Did MF Global In