short-sale constraint
基本解釋
- [經(jīng)濟(jì)學(xué)]賣空限制
英漢例句
- But Chinese security market is incomplete under short-sale constraint, which causes the ineffectiveness of risk share and the loss of social welfare.
然而,我國存在賣空限制的證券市場是不完全的,這導(dǎo)致了風(fēng)險分擔(dān)的無效以及社會福利的損失。
雙語例句
專業(yè)釋義
- 賣空限制
When using correct model with short-sale constraint and time-varying volatility,market price of convertible bond is lower slightly than model price.
采用賣空限制、時變波動率和非正態(tài)分布下的轉(zhuǎn)債定價模型進(jìn)行定價實(shí)證分析后發(fā)現(xiàn),轉(zhuǎn)債市場價格略低于模型價格,轉(zhuǎn)股期前定價誤差大于轉(zhuǎn)股期后的誤差。