short-sale constraint
基本解释
- [經濟學]賣空限制
英汉例句
- 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証券市場是不完全的，這導致了風險分擔的無傚以及社會福利的損失。
雙語例句
专业释义
- 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.
採用賣空限制、時變波動率和非正態分佈下的轉債定價模型進行定價實証分析後發現,轉債市場價格略低於模型價格,轉股期前定價誤差大於轉股期後的誤差。