开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)|3.2.5(安卓)APP下载

小宋宋 · 2020年10月17日

问一道题:NO.PZ2016070201000068

问题如下:

The Bureau of Labor Statistics has just reported an unexpected short-term increase in high-priced luxury automobiles. What is the most likely anticipated impact on a mean-reverting model of interest rates?

选项:

A.

The economic information is long-lived with a low mean-reversion parameter.

B.

The economic information is short-lived with a low mean-reversion parameter.

C.

The economic information is long-lived with a high mean-reversion parameter.

D.

The economic information is short-lived with a high mean-reversion parameter.

解释:

D is correct. The economic news is most likely short-term in nature. Therefore, the mean reversion parameter is high so the mean reversion adjustment per period will be relatively large.

what is long lived or short lived ........no idea at all

1 个答案

小刘_品职助教 · 2020年10月17日

同学你好,

long lived 就是说这个经济信息长期都会存在,short lived就是这是个短期的消息,对长期没有什么影响,所以均值复归的速度快。