The Relationship Test between Underwriter Reputation and IPO Underprice in Chinese Securities Market
主承销商声誉与IPO抑价关系的实证研究二板市场上的主承销商
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他说,监管机构能分辨出市场何时低估了风险,但它无法总是准确预测会发生什么事。
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it purposely kept its currency undervalued to underprice its products, from toys to tractors.
为此该国有意维护其被低估的货币,以保持其从玩具到拖拉机等产品低廉的价格。
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economists since adam smith have warned that markets tend to underprice risk in times of expansion.
自亚当•斯密(AdamSmith)以来,许多经济学家都曾警告称,在经济扩张时期,市场倾向于对风险做出过低的估价。
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其次是一套政策解决资产支持证券市场价格定价低于这些资产可能的现金流的观点。
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