词语的隐义及其对使用的制约

汉语中某些词语除了具有表面显现的反映义以外，还有隐含在使用上的某些特殊要求和含义。词语的隐义在其使用中表现为感情褒贬的不同，使用范围及语义轻重的差异，搭配上对词语的限定等。     

关键策略的传导效应

分析传导变换的表现形式,提出了传导变换蕴含系和传导变换蕴含键的概念,研究了传导变换的传导作用效果的定量计算方法,建立了分析关键策略传导效应的物元模型．     

Cross‐Section Stock Return and Implied Covariance between Jump and Diffusive Volatility

I examine the information content of option‐implied covariance between jumps and diffusive risk in the cross‐sectional variation in future returns. This paper documents that the difference between realized volatility and implied covariance (RV‐ICov) can predict future returns. The results show a significant and negative association of expected return and realized volatility–implied covariance spread in both the portfolio level analysis and cross‐sectional regression study. A trading strategy of buying a portfolio with the lowest RV‐ICov quintile portfolio and selling with the highest one generates positive and significant returns. This RV‐Cov anomaly is robust to controlling for size, book‐to‐market value, liquidity and systematic risk proportion. Copyright © 2015 John Wiley & Sons, Ltd.     

A comparison of conditional predictive ability of implied volatility and realized measures in forecasting volatility

In a conditional predictive ability test framework, we investigate whether market factors influence the relative conditional predictive ability of realized measures (RMs) and implied volatility (IV), which is able to examine the asynchronism in their forecasting accuracy, and further analyze their unconditional forecasting performance for volatility forecast. Our results show that the asynchronism can be detected significantly and is strongly related to certain market factors, and the comparison between RMs and IV on average forecast performance is more efficient than previous studies. Finally, we use the factors to extend the empirical similarity (ES) approach for combination of forecasts derived from RMs and IV.     

再议「さえ」

日语中的提示助词「さえ」一直被语言学家归为表达＂意外性＂之意,但这一概念过于笼统。了解它的语法化过程、语法特征以及内在涵义,对于日语学习者具有一定的理论价值。     

英语隐含条件句剖析

英语中通常用if,unless等关联词引导的分句来表示条件,这是明示的条件句;然而．英语中还有许多其他用来表达条件概念的方法。动词不定式、分词、动名词、介词构成的短语结构,某些关系分句、时间状语分句、地点状语分句或方式状语分句以及某些虚拟语气句,某些祈使句、陈述句之后使用并列连词and,or(else),otherwise等附加另一个阵述句的并列结构,或并列结构构成的某些谚语,或比较级the more...,themore...等．也能用来表示条件概念。这些表示条件的方法,我们称之为隐含的条件。英语中隐含条件通过其某种内在的语义或意念功能起着与明示的条件句相同的作用。     

香港恒生指数期权市场的过度反应现象研究

论文以香港恒生指数期权市场为实证,对期权隐含波动率的“期限结构”进行了建模和研究。实证分析表明期权的隐含波动率具有很强的“中心回复”特性,那么,在有效市场假设和Black-Scholes期权定价模型正确性的前提之下,当一个期限较短的期权的隐含波动率发生变动时,另一个其他方面与之完全相同,但期限较长的期权,其隐含波动率的变动幅度应小于前一个期权隐含波动率的变动幅度。然而,通过对香港恒生指数期权市场的实证分析,两种不同统计检验方法的结果都对香港恒生指数期权市场的有效性假设提出了质疑－－市场并不是有效的基于理性预期的,而是存在着显著的“过度反应”现象。     

多日神话原型及寓意探析

中华文化圈有着丰富的太阳母题神话。多日神话乃其中之经典篇章。完整的多日神话包括生日、多日和征日三部分。古代典籍中均仅存片断,各民族传说中保存得相对完整。对于多日神话原型和寓意的阐释,“酷热干旱说”、“十干历法说”、“诸日部族称王说”等都不够圆满。其实,这个神话保存了古代先民的原始记忆,是对远古时代“幻日”这种自然天象的一种幻想性解释。最新的“多日并出”现象为之提供有力的证据。这个神话的深刻寓意则与原始宗教有关,它折射出我国古代先民自然崇拜中的日神信仰。     

Moving beyond Volatility Index (VIX): HARnessing the term structure of implied volatility

This paper considers how information from the implied volatility (IV) term structure can be harnessed to improve stock return volatility forecasting within the state-of-the-art HAR model. Factors are extracted from the IV term structure and included as exogenous variables in the HAR framework. We found that including slope and curvature factors leads to significant forecast improvements over the HAR benchmark at a range of forecast horizons, compared with the standard HAR model and HAR model with VIX as IV information set.     

读者批评视阈下的汉赋批评与理论

赋是中国文学史上一种独特的文体,在汉代达到鼎盛时期,而从古至今的读者对汉赋有着褒贬不一的复杂态度,不同的汉赋作者对汉赋创作也有各自不同的理论主张。通过期待视野、召唤结构及隐含的读者等读者批评的视角,或许能够对存在较大分歧的汉赋批评与理论有一个较为客观、全面的把握。