overvaluation

Figure 9 . Asian Technology Stocks - India , Korea Doing Just Fine , YTD , Taiwan Overvaluation , Policy Mistakes penalized

图9：亚洲科技股&印度、韩国表现良好、年度累积额、台湾过高估价、政策错误的惩罚

The anticipation that a devaluation might occur may lead financial markets to require higher interest rates , compounding the effects of an overvaluation with high interest rates and possibly forcing a devaluation , even if the government initially had no intention of devaluating .

对贬值可能发生的预期会导致金融市场需要更高的利率，再混合过高估价和高利率的影响，很有可能引发货币贬值，即使政府最初并没有贬值的意思。

He said the overvaluation of sterling was throttling industry .

他认为英镑价值过高阻碍了工业发展。

Overvaluation has already hurt corporate profits , which have been flat for two years .

估值过高已然伤害了企业利润，过去两年来企业利润一直没什么起色。

The degree of IPO overvaluation in our stock market is much higher than other countries ' .

我国新股上市首日的高溢价程度远远高于其他国家证券市场的水平。

What 's the relationship between Yen 's overvaluation and currency crisis ?

日元高估与货币危机的关系如何？

Exchange rate misalignment will negatively influence economic development of developing countries , persistent overvaluation may even cause currency crises .

汇率失调会给发展中国家的经济持续发展带来较大的负面影响，持续的汇率高估甚至会引发货币危机。

Empirical Study on Investor Sentiment and IPO Overvaluation

投资者情绪与IPO溢价的实证研究

So finding the reason of IPO overvaluation is important for issuance and supervision system of IPO reforms .

因此，研究这一问题，找出影响新股首日溢价的原因，对于新股发行制度、监管制度的改革具有重要意义。

This meant a correspondingly prolonged overvaluation of sterling and of UK assets .

这意味着英镑和英国资产价值高估时期的相应延长。

Price deflation means overvaluation is less evident in price terms , but the cost is serious profit-margin shrinkage .

生产者价格下跌意味着，从产品价格来看，汇率的高估表现得不那么明显，但为此付出的代价则是利润率严重缩水。

It is usual to find that local listed companies in China enhance the capital and enlarge the stock during overvaluation period of the stock price .

我国上市企业在证券市场股价高估时期增资扩股、大上项目就不为少见。

Emprical Test of Overvaluation of Stocks Under Short-Sale Constraints

禁止卖空情况下股票价值被高估的实证分析

The good news is that , after an extended period of overvaluation , stock markets are , at last , attractively priced .

好消息是，经历了长期价值高估以后，股票市场的定价最终有了吸引力。

This link appears to be the contemporary existence of exchange rate devaluation ( or overvaluation ) and inflation ( or deflation ) .

这种联系体现为汇率低估与通货膨胀并存，而汇率高估与通货紧缩并存。

Although Mr Summers did not and could not say so , the vision will require an end to the remaining overvaluation of the dollar .

美国还必须结束美元仍被高估的局面，尽管萨默斯没有（也不可能）这么说。

But , with US unemployment at nearly 10 per cent , the administration has also identified the alleged overvaluation of the renminbi as a top priority .

但随着美国失业率逼近10%，奥巴马政府也已将所谓人民币的低估问题列为工作重点。

Overvaluation is an enormous disadvantage to the development of currency in the process of internationalization , and it is the adverse turning point of the international currency .

币值高估在货币国际化进程中对货币的发展有着巨大的不利影响，是国际货币由盛到衰的转折点。

The US would provide the global collective good , as in the past , by accepting increased dollar overvaluation and further increases in its external debt and deficits .

就像过去一样，通过接受美元进一步被高估以及外债和赤字的进一步增加，美国将为全球提供集体福祉。

Compared the calculating results with the observation ones , it is found that the additional stress calculated is overvalued in Boussinesq method , resulting overvaluation of calculation settlement .

计算结果与工程观测结果相比，发现Boussinesq解法会高估地基中的附加应力，使计算沉降偏大；

This overvaluation [ of raw materials ] is now going to correct as China leads its currency closer to its fair value and tighter domestic conditions slow investment spending .

随着中国将人民币调整至合理价格，而国内的紧缩状况又在减缓投资支出的时候，（原材料）这种估值过高的情况正在得以纠正。

The SNB said the massive overvaluation of the Swiss Franc posed an acute threat to the Swiss economy and carried the risk of deflation .

瑞士央行表示，瑞郎被大幅高估对瑞士经济构成严重威胁，并可能造成通货紧缩。

But there were to be orderly ways to unpeg parities that represented clear undervaluation or overvaluation .

不过，要以有条不紊的方法来解冻存在的明显低估或高估的比值。

Short-sale constraint will cause the overvaluation of asset price , and the more intense of constraint will cause the more over-valuation of asset price .

卖空限制会引起资产价格的高估，而且卖空限制越强，资产价格的高估幅度越大。

For the eurozone that means that currency overvaluation against the dollar puts pressure not just on exports to the US , but on exports to most of the rest of the world .

这对欧元区意味着，欧元兑美元估值过高，不仅对欧元区向美国的出口构成了压力，也对欧元区向全球其它多数地区的出口形成了压力。

Investment in the global infrastructure sector is inflating into a dotcom-style bubble , suffering the dual curse of overvaluation and excessive leverage , Standard & Poor 's warned today .

美国评级机构标准普尔（Standard&Poor's）今日警告称，全球基础设施领域的投资已过度膨胀，形成了一个与网络时代相似的泡沫，遭受着估值过高和举债过多的双重诅咒。

This crisis began with currency crisis , that is , continuous overvaluation of the currencies in this area gave hedging funds great opportunities to crash the weak currencies , which led to the crisis .

此次危机的爆发点是货币危机：该地区货币多年始终存在的汇率高估给四处寻找获利机会的对冲基金制造前所未有的机会，从而导致了危机的发生。

However , now , the research that applies real option to patent pricing does not consider the impact of rivalry entry on the value of patent option , leading to the overvaluation of the patents .

目前用实物期权来评估专利价值的文献又没有考虑技术进步对专利价值的影响，从而高估专利的价值。

The results imply the budget deficit , the politics and finance risk and the overvaluation of the exchange rate are the main economic forcing factors . The discrimination between native and foreign capital is the institutional forcing factor .

结果表明驱动中国资本外逃的主要经济因素为财政赤字增加、政治金融风险和汇率高估，内外资差别待遇是产生资本外逃的重要制度因素。

The empirical results imply that the difference between domestic and foreign rate , the foreign debt as a percentage of GDP , the overvaluation of the exchange rate , the discrimination between native and foreign capital , financial control are the main economic forcing factors of capital flight .

实证结果表明，造成我国资本外逃的主要因素为国内外实际利率差异，外债增加，汇率高估，内外资差别待遇和金融压制等。