英语词汇“contagion”的翻译、意思、用法、释义-英汉经管词典

Contagion

Refers to an increase in correlation of asset returns that is more than expected. Sometimes also called excess correlation. For example, during the East Asian crisis that began in July 1997 when the Thai currency devalued, many emerging markets as far away as South America became increasingly correlated. Contagion is difficult to identify because you need some sort of measure of the expected correlation. It is complicated because correlations are known to change through time, for example, see Erb, Harvey and Viskanta's article in the 1994 Financial Analysts Journal. In periods of negative returns, correlations (and volatility) are known to increase, so what might appear to be excessive correlations may not be contagion.

单词	contagion
释义	Contagion Refers to an increase in correlation of asset returns that is more than expected. Sometimes also called excess correlation. For example, during the East Asian crisis that began in July 1997 when the Thai currency devalued, many emerging markets as far away as South America became increasingly correlated. Contagion is difficult to identify because you need some sort of measure of the expected correlation. It is complicated because correlations are known to change through time, for example, see Erb, Harvey and Viskanta's article in the 1994 Financial Analysts Journal. In periods of negative returns, correlations (and volatility) are known to increase, so what might appear to be excessive correlations may not be contagion.
随便看	Effective Interest Rate effective_margin Effective margin effective_net_worth Effective net worth effective_rate Effective rate effective_sale Effective sale effective_spread Effective spread effective_tax_rate Effective tax rate Effective yield effective_yield efficiency Efficiency Efficient capital market efficient_captial_market efficient_diversification Efficient diversification efficient_frontier Efficient frontier efficient_market Efficient market