Sundaresan
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He worked with Sundaresan Venkatachalam of the University of Tennessee and other scientists on the research.
他与田纳西州大学的Sundaresan Venkatachalam以及一些其他科学家在研究这个课题。
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Clients also see turnover of financial advisers at the global firms as a problem, Mr. Sundaresan said.
桑德里森说,客户还认为国际企业中理财顾问的人事变动是个问题。
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The empirical result indicates that the performance of the Hemler and Longstaff model that incorporates stochastic interest rates and stochastic volatility is the best, followed by the Ramaswamy and Sundaresan model and then the cost of carry model.
本文实证结果发现,同时考量随机利率及承机波动性的Hemler and Longstaff模式连用在TAIFEX期货与SGX-DT期货的定价,均优於与他两种模式。
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Moreover, we compare the price performance of three alternative pricing models of stock index futures: the cost of carry model, the Ramaswamy and Sundaresan (1985) model, and the Hemler and Longstaff (1991) model.
本文另一研究重点则是比较持有成本模式、Ramaswamy and Sundaresan(1985)模式与Hemler and Longstaff(1991)模式的定价绩效,以实证何种模式较适合台股指数期货的定价。
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Business School of Wuhan Universty, Wuhan 430072, ChinaAbstract : In this paper , we present an equilibrium model of asset pricing. The basic model considers a production economy of two classes of investors with habits formations: one class have "internal habit" such as those in Constantinides (1990) and Sundaresan(1989), habit depends on an agent's own consumption and the agent takes account of this when choosing how much to consume; the other class have "external habit" such as those in Abel(1990) and Campbell and Cochrane(1991), habit depends on aggregate consumption that is unaffected by any one agent's decisions.
本文建立一种拥有两类投资者的模型:一类具有Constantinides(1990)和Sundaresan(1989)模型中的&内在性消费习惯&,该习惯依赖于其自身的消费,投资者在进行消费选择时均要考虑内在消费习惯的影响;另一类具有Abel(1990)、Campbell和Cochrane (1999)模型中的&外在性消费习惯&,该习惯依赖于总的消费水平但不影响消费决策。
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