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The combination of excessive leverage and mortgage securitisation were at the epicentre of the US subprime crisis.

美国次贷危机的核心诱因是过高的杠杆率和抵押贷款证券化的共同作用。

Preliminary data analysis shows that the return rates distribution of SSE is fat-tailed and doesn't obey normal distribution and there is"leverage effect"in Shanghai Stock market.

基本统计分析发现,上证综合指数回报率分布存在尖峰肥尾性,不服从正态分布,并且还具有杠杆效应。

In view of the peaked and fat-tailed characteristics of financial return data distribution and its effect of clustering fluctuation and especially the "leverage effect" of fluctuation on VaR estimates and some efficiencies when estimating VaR with various assumptions of return data distribution,a semi-parameter approach based on EGARCH-VaR model is developed.

在综合考虑了金融收益数据分布的尖峰厚尾特征及其波动集群性,尤其是其波动的&杠杆效应&对VaR估计的影响以及各种假定收益率分布在计算风险价值时存在不足的基础上,提出了基于EGARCH-VaR的半参数方法,并且与正态分布和t分布假设下的GARCH模型的VaR计量方法进行比较,通过实证分析,并利用后验测试,表明基于EGARCH-VaR的半参数方法对风险价值的测度优于正态分布和t分布假设下GARCH模型的VaR计量方法。

In view of the peaked and fat-tailed characteristics of financial return data distribution and its effect of clustering fluctuation and especially the "leverage effect" of fluctuation on VaR estimates and some efficiencies when estimating VaR with various assumptions of return data distribution,a semi-parameter approach based on EGARCH-VaR model is developed.

证券风险是指未来证券价格或收益的不确定性或波动性,证券风险管理的基础和核心是对风险的定量分析和评估·国内外研究表明,金融时间序列通常带有一些明显的特性:金融时间序列的收益率分布存在尖峰厚尾性[1]及其波动具有集群性[2];股票的价格波动还有&杠杆效应&[3]·这些显著

It is connected to both the feed rod and the lead screw and enables selecting a variety of feeds easily and rapidly by simply shifting the appropriate levers.

它是连接到了饲料杆和丝杠,使选择不同的饲料容易和迅速,只需把相应的杠杆

It is connected to both the feed rod and the lead screw and enables selecting a variety of feeds easily and rapidly by simply shifting the appropriate levers.

它是连接无论对饲料杆和丝杆,使品种选择饲料容易和迅速地转向通过适当的杠杆

Accordingly, undertook improvement to measurement technique and unit of feet lens group, rear sight the design is staff guage of 0.02mm mobile vertical for the least scale division value, telescopic design is collimation binoculars, face of lens of feed rod lever is 1.2362m above to rear sight distance.

因此,对测量方法和尺镜组装置进行了改进,将标尺设计为最小分度值为0.02mm移动铅直标尺,望远镜设计为准直望远镜,光杠杆镜面到标尺距离为1.2362m以上。

Mechanical-type traps Bellow Seal Valves are free float-type, the free semi-float type, lever-type float, inverted bucket type, and so 1, free float steam trap: Free float steam trap of the structure is simple, the internal moving parts is only one fine grinding of stainless steel hollow float, float is also a hoist parts, no fragile parts, life is very long,"Silver Ball" brand within the zone trap there are Y series automatic row of air devices, very sensitive, can automatically row of air, the work of high quality.

机械型疏水阀有自由浮球式、自由半浮球式、杠杆浮球式、倒吊桶式等 1、自由浮球式疏水阀:自由浮球式疏水阀的结构简单,内部只有一个活动部件精细研磨的不锈钢空心浮球,既是浮子又是启闭件,无易损零件,使用寿命很长,&银球&牌疏水阀内部带有Y系列自动排空气装置,非常灵敏,能自动排空气,工作质量高。

The animals were then trained to operate a lever with a foot to release food.

然后经过训练,这种动物就可以用一只脚操作杠杆移动食物。

New Electronics has the company is a professional production and sales boat-shaped switch, rotary switch, button switch, micro switch, door switches, slide switches, pressure switches, touch switches, overload protection, and shook his head switch, 6.35 Phone Jacks Series , power switch, bar-style | leveraged Stubbs dynamic series, Fuse Tube Block, RGB-based 21-core (42) sockets and other products.

新新電子有公司是一家专业生產销售船形开关、旋转开关、按钮开关、微动开关、门开关、滑动开关、风压开关、轻触开关、过载保护器、搖頭開關、6.35插口系列、電源開關、橫杆式|杠杆式拔動系列、保險絲管座、RGB型21芯(42)插座等系列產品。

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I will endeavour to find you some assistance.

我尽力帮你找人帮忙。

At first I only know bruck is the idol of American younglings, afterwards I returned back to Taiwan ,even in Beijing last year ,I saw her poster everywhere, I was so surprised at her charm.

起初我只晓得布鲁克雷德丝是美国少男少女崇拜的偶像,后来回台湾,甚至去年在北京,居然也四处看见她的海报,才惊讶她的魅力之大。

Ah may dee:You are chinese living in a democratic country.

你是居住在民主国家的中国人吧。