国际金融单词第六 十 十一章.doc

第6章 111-121何颖茵，何彩凤，李爱玲，孔佩儿 P111-112 Purchasing Power Parity and Floating Exchange Rate Experience 购买力评价与浮动汇率经验 parity [p?riti] n. 同等；相等；平价float [fl?ut] vt. 使漂浮；实行vi. 浮动；摇摆；飘动，散播；付诸实施Chapter outline概述 6.1 Introduction 序言 6.2 Purchasing power parity theory and the law of one price 购买力平价说与一价定律 6.3 Absolute and relative PPP 绝对购买力平价和相对购买力平价 6.4 A generalized version of PPP 广义的购买力平价 generalized [d?en?r?laizd] adj. 广义的，普遍的；无显著特点的Measurement problems in testing for PPP 在购买力平价测试测量问题 measurement [me??m?nt] n. 测量；度量；尺寸；量度制Empirical evidence on PPP 购买力平价的实证证据 empirical [empirik?l] adj. 经验主义的，完全根据经验的Summary of the empirical evidence on PPP 关于购买力平价的经验证据的摘要 6.8 Explaining the poor performance of purchasing power parity theory 解释购买力平价的缺陷表现 6.9 The Balassa-Samuelsson model 巴拉萨-萨缪尔森模型 6.10 Per capita income levels, the relative sizes of economies and the importance of PPP estimates 人均收入水平，经济的相对规模和购买力平价估算的重要性 per capita income 个人平均所得relative size 相对大小；相对量；相对比率advocate as a satisfactory model of exchange rate determination in its own right, and also provides a point of reference for the long-run exchange rate in many of the mother exchange rate theories which we examine in later chapters. advocate [?dv?keit, ?dv?k?t] n. 提倡者；支持者；律师 reference [ref?r?ns] n. 参考，参照；涉及，提及 long-run [l??r?n, l?:?-] adj. 长期的；（公债等）长久才能兑现的proceed to 继续下去；进入…；改读…学位 well-suited [welsju:tid, -su:-] adj. 便利的；适当的 adoption [?d?p??n] n. 采用；收养；接受adequate explanation of some of the observed feature of floating exchange rate. adequate [?dikwit] adj. 充足的；适当的；胜任的 observedadj. 观察的；观测的 feature [fi:t??] n. 特色，特征’s writings in the 1920s, although its intellectual origins date back to the writings of the nineteenth-century British economist David Ricardo. attribute to 把…归因于 intellectual [,int?lektju?l, -t?u?l] adj. 智力的；聪明的；理智的n. 知识分子；凭理智做事者The basic concept underlying PPP theory is that arbitrage forces will lead to the equalization of goods prices internationally once the prices of goods are measured in the s