Herd behavior is also the important factor that causes the leverage effect and market foam.

投资者的羊群行为是导致杠杆效应、市场泡沫的一个重要因素。

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The study of asymmetry using GJR-GARCH and EGARCH models shows that there is an asymmetric effect in stock market and the leverage effect is distinct gradually.

GJR - GARCH模型对波动的非对称性研究发现，股市存在不对称性并且杠杆效应逐渐明显。

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Now, with all the fees, not many a film pays off at 2-to-1, but the deal could still make sense if the investor used a lot of leverage to goose the tax effect.

FORBES: Teutonic Tinsel

If things do proceed in this manner, the odd effect of recapitalisation will be to increase leverage in the system.

ECONOMIST: Chinese banks are undergoing an odd kind of bail-out

But the question analysts are asking is whether the ECB's leverage was used to good effect.

WSJ: Cyprus Deal Hurts Credibility All Around