The financial assets price behavior can be described as the result of economic subject's optimization behavior if research based on the microscopic way.

从微观角度考察金融资产价格意味着可以将金融资产价格行为描述成经济主体最优化行为的结果。

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The uncertainty of the financial assets price can be measured through the variance of the proceeds of assets and the covariance between all kinds of the proceeds of assets.

金融资产价格的不确定性可以用资产收益的方差和各种资产收益之间的协方差来度量。

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Equities account for less than 20% of Chinese households' total financial assets, compared with half in America, so price swings have less impact on spending.

股票资产不到中国家庭总资产的20%，美国则是占到了一半。因此，股价的波动对家庭开支影响也较小。

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By creating a tax wedge between the bid and ask price of financial assets, the APT tax provides incentives to lengthen the average holding period of financial instruments.

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Or he could change accounting rules, giving banks a time out from the relentless, capital-killing mark-to-market rules that require financial firms to price their assets in an environment where no one wants them.

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Or, at a time of economic stagnation in much of the rich West, you might ask yourself why all that cheap money created by central banks seems to have pumped up the price of financial assets to a disturbing extent, while doing little to stimulate job creation.

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