查询词典 capital leverage

As Mr Haldane notes in another paper , leverage is the chief determinant of returns on equity and increased leverage also explains the level and volatility of banking returns.

正如霍尔丹在另一篇文章中所指出的，杠杆比率是股本回报率的主要决定因素，杠杆比率上升也解释了银行业回报水平和波动性的原因所在。

In reason to use the financial leverage can give corporations bring up the extra income, that's the financial leverage incomer.

合理运用财务杠杆给企业权益资本带来的额外收益，即财务杠杆利益。

I wanted instead to focus on the central role of leverage, because it is leverage that turns large banks and financial institutions into ninepins that cannot fall without knocking down others that cannot fall without knocking down still others.

我想更加侧重于杠杆'的核心作用，因为，正是杠杆，使得大型银行和金融机构纷纷倒下，一个倒下，不可避免地让另一个倒下，依次倒下。

For Berkshire's shareholders, myself included, the cost of this thumb-sucking has been huge. o Our consistently-conservative financial policies may appear to have been a mistake, but in my view were not. In retrospect, it is clear that significantly higher, though still conventional, leverage ratios at Berkshire would have produced considerably better returns on equity than the 23.8% we have actually averaged. Even in 1965, perhaps we could have judged there to be a 99% probability that higher leverage would lead to nothing but good. Correspondingly, we might have seen only a 1% chance that some shock factor, external or internal, would cause a conventional debt ratio to produce a result falling somewhere between temporary anguish and default.

另外我们一贯保守财务政策可能也是一种错误，不过就我个人的看法却不认为如此，回想起来，很明显的我们只要能够再多用一点财务杠杆操作(虽然较之他人还是很保守)，就可以得到远比现在每年平均 23.8%还要高的投资报酬率，即使是在 1965 年我们也可以百分之九十九地确定高一点的财务杠杆绝对只有好处没有坏处，但同时我们可能也会有百分之一的机会，不管是从内部或是外部所引发令人异想不到的因素，使得我们负债比率提高到介于一时冲高到负债倒闭之间。

Scholars of traditional finance theory, agential theory and information economy have done a lot of researches on dedt's tax-free and financing leverage financing leverage function ,financial cost redectiion and company's management improvement.

传统财务理论、代理理论、信息经济学等领域的学者们对债务融资的免税和财务杠杆效应、降低融资成本、改善公司治理状况等方面进行了大量的研究。

We derived the leverage matrix of one individual which was divided into two parts : The marginal leverage of the fixed-effect and random-effect, and the Cook distance formula for the case that all the data of an individual is deleted.

具体地说，本文主要工作如下：(1)第二章我们从频率派的观点出发，对模型进行了统计诊断分析，讨论了模型的杠杆值及数据删除模型，分别给出了单个个体的杠杆矩阵与删除单个个体情形时的Cook距离公式。

The results show that although economic growth in the northwest region as the whole has been physical capital-driven, elasticity and contribution rate of human capital in each province has been relatively high, indicating the spillover effect of human capital These findings suggest that effectively and steadily speeding up human capital accumulation while increasing capital investment may enhance the level of economic development in the northwestern China, thus reducing the disparity between this region and the eastern region.

结果表明，虽然西北地区的经济增长总体来看是资本推动型的，但各省区人力资本的产出弹性和贡献率较高，而且人力资本的溢出效应较为明显，此外，各省区间人力资本对经济增长的贡献率有较大差别。据此作者认为，在中国经济增长方式转型期，除加大物质资本投资力度外，有效、持续地加快人力资本积累，可以更快地提高西北地区的经济发展水平，从而缩小该地区与东部地区的差距。

The economic growth accounting of China's provinces between 1990 and 2004 finds some results like the following: no matter whether human capital was introduced or not, there were technological inefficiencies in most provinces'economic activity which were pure technological inefficiencies or scale technological inefficiencies; technological change, capital deepening and human capital accumulating all promoted labor productivity, but technological efficiency change played a negative role during these years as a whole; the descending order of provincial difference of labor productivities'changes brought out by each factor was technological change, capital deepening, technological efficiency change and human capital accumulating; each province's pure technological efficiency change or scale efficiency change not only had different size, but also different evolution route.

中国各省在1990～2004年间的经济增长核算结果表明：不论是否引入人力资本，大多数省份的经济活动都存在着技术无效率，这既包括纯技术无效率，也包括规模无效率；技术进步、资本深化和人力资本积累都促进了劳动生产率的提高，而技术效率的变化整体上来说在其中起阻碍作用；各因子引致的劳动生产率变化的省际差异从大到小依次为技术进步、资本深化、技术效率的变化和人力资本积累；各省的纯技术效率或规模效率的变化不仅大小不同，而且它们的演变路径也不一样。

We also divide capital into material capital, financial capital, and invisible assets including Intellectual capital and social capital.

将企业资本按物质资本、金融资本和以智慧资本和社会资本为主的无形资产作为企业资本的构成。

The creation point of this article is: first, it broke the traditional idea that peasant workers are common village labor force and human resources. It comprehends the knowledge of human capital economics and the city peasant workers, pointing that peasant workers is the most important part in country human capital, is an extremely important question in fully building well-off society. Second, we calculated the peasant workers\' human capital revenue rate by using Mincer model. Thirdly, we point out that country human capital is the new developing region in China economy, enriched the theory of village economy, labor economy, human biology economy, human resource and human capital economy.

本文的创新点在于：一是首次将明瑟模型中计算人力资本收益率的方法应用到城市农民工当中，计算了城市农民工人力资本收益率；二是突破了农民工只是一般农村劳动力和人力资源的传统观念，将人力资本经济学内容同城市农民工相结合，提出城市农民工人力资本转化存在的可能性以及如何促成其完成该转化，提出了农民工是乡城人力资本的重要组成部分，而农民工人力资本转化是我国实现从人口大国到人力资源大国进而到人力资本大国的关键之所在；三提出了农民工人力资本是我国经济发展的新增长阈的新观点，丰富了农业与农村经济、劳动经济、人口生态经济、人力资源与人力资本经济等学科的理论。

The circulation, consumption and reproduction of the trilogy have not only testified to its historical significance and literariness, but also invested it with new meanings.

该三部曲的流通、消费与再生产不仅验证了其历史意义及文学性，而切还赋予它以新的意义。

If he thought that he could buy me off, he would be wrong.

如果他认为他可以收买我，那他就大错特错了。