The estimation of interest rate of term structure has an important estate in financial research, for it is the benchmark for asset pricing, financial products design, hedging and risk management.
利率期限结构的估计在金融研究中有着重要的地位，它是资产定价、金融产品设计、保值和风险管理的基准。
The research on early warning systems to the financial risk has a significant economic value, but was still at the forefront of an innovative and the research stage.
对财务风险预警系统的研究有重要的经济价值，但目前还处在一种前沿性和创新性的研究阶段。
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