It shows that the liquidity risk premium depends on the investor's risk aversion, the variance of his future consumption flow and the liquidation probability of each share type.
分析表明,这两种股票的流动性风险溢酬由投资者的风险厌恶程度、预期消费流量的方差以及股票变现的概率等因素决定。
Rishi Goyal sand Ronald Mckinnon theory of negative risk premium shows that Japans banks are hard to make profit under the circumstances of liquidity trap.
麦金农的负风险溢价理论说明,在流动性陷阱的情况下,日本银行业很难赢利。
Thus, it can come to the important conclusion in this essay that noise trading is the origin of liquidity risk and liquidity premium.
从而得出本文的重要结论,噪音交易是流动性风险和流动性溢价产生的原因。
Thus, it can come to the important conclusion in this essay that noise trading is the origin of liquidity risk and liquidity premium.
从而得出本文的重要结论,噪音交易是流动性风险和流动性溢价产生的原因。
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