numeraire

简明释义

英[ˈnjuːməreə]美[njʊmeˈre]

n. （法）货币兑换率计价标准

英英释义

单词用法

同义词

反义词

例句

1.In this paper, by using change of numeraire, we have derived the Pricing formulas of Convertible bonds.

本文从对交换期权的定价角度入手，利用转换计价单位的方法，推导可转换债券的定价。

2.In this paper, by using change of numeraire, we have derived the Pricing formulas of Convertible bonds.

本文从对交换期权的定价角度入手，利用转换计价单位的方法，推导可转换债券的定价。

3.In financial markets, a currency can serve as a numeraire 计量单位 for pricing other assets.

在金融市场中，一种货币可以作为其他资产定价的计量单位。

4.When analyzing economic models, economists often choose a numeraire 计量单位 to simplify calculations.

在分析经济模型时，经济学家通常选择一个计量单位以简化计算。

5.The concept of a numeraire 计量单位 is crucial in determining the relative value of goods.

概念上的计量单位在确定商品的相对价值时至关重要。

6.Investors often use gold as a numeraire 计量单位 when assessing the value of currencies.

投资者在评估货币的价值时，通常使用黄金作为计量单位。

7.In the model, the price of the good is expressed in terms of the numeraire 计量单位 chosen by the analyst.

在该模型中，商品的价格以分析师选择的计量单位表示。

作文

In the world of economics and finance, the concept of a numeraire plays a crucial role in understanding value and price. A numeraire is essentially a benchmark or standard that is used to measure the value of other goods or assets. This term originates from the Latin word 'numerarius,' which means 'of numbers.' In simpler terms, a numeraire is a unit of account that allows us to compare the worth of different items in a consistent manner. For instance, consider a marketplace where various products are sold. To determine how much a loaf of bread costs relative to a gallon of milk, we need a common reference point. In many economies, money serves as a numeraire. When we say that a loaf of bread costs two dollars and a gallon of milk costs three dollars, we are using money as our numeraire. This allows consumers to make informed decisions based on the relative prices of these goods. The importance of a numeraire extends beyond simple transactions. In financial markets, investors often use a specific asset as a numeraire to evaluate the performance of their portfolios. For example, if an investor chooses gold as their numeraire, they will assess the value of their investments in terms of how many ounces of gold they could buy with the returns from those investments. This method provides clarity and consistency, enabling better investment strategies. Moreover, the concept of a numeraire is not limited to tangible goods or traditional currencies. In the realm of theoretical economics, researchers often use a hypothetical numeraire to simplify complex models. By selecting a numeraire, economists can focus on the relationships between different variables without getting bogged down by the intricacies of multiple currencies or assets. This abstraction allows for clearer analysis and more straightforward conclusions. In addition to its practical applications, the numeraire concept also raises philosophical questions about value and measurement. What determines the worth of a numeraire? Is it purely subjective, or is there an objective basis for its value? These questions are particularly relevant in today's globalized economy, where currencies fluctuate and the value of goods can vary significantly across different regions. In conclusion, the numeraire is a fundamental concept in economics that facilitates the comparison of values across diverse goods and assets. Whether we are discussing everyday purchases or complex financial instruments, the numeraire provides a necessary framework for understanding value. As we navigate the intricacies of modern economies, recognizing the role of the numeraire can enhance our comprehension of market dynamics and improve our decision-making processes.

在经济和金融的世界中，numeraire的概念在理解价值和价格方面发挥着至关重要的作用。numeraire本质上是用于衡量其他商品或资产价值的基准或标准。这个术语源自拉丁词“numerarius”，意为“数字的”。简单来说，numeraire是一种账户单位，使我们能够以一致的方式比较不同项目的价值。 例如，考虑一个出售各种产品的市场。为了确定一条面包相对于一加仑牛奶的成本，我们需要一个共同的参考点。在许多经济体中，货币充当了numeraire。当我们说一条面包的价格是两美元，而一加仑牛奶的价格是三美元时，我们就是在使用货币作为我们的numeraire。这使消费者能够根据这些商品的相对价格做出明智的决定。 numeraire的重要性不仅限于简单的交易。在金融市场中，投资者经常使用特定资产作为numeraire来评估其投资组合的表现。例如，如果投资者选择黄金作为他们的numeraire，他们将根据从这些投资中获得的回报可以购买多少盎司黄金来评估他们的投资价值。这种方法提供了清晰性和一致性，使得更好的投资策略成为可能。 此外，numeraire的概念不仅限于有形商品或传统货币。在理论经济学领域，研究人员通常使用假设的numeraire来简化复杂模型。通过选择一个numeraire，经济学家可以专注于不同变量之间的关系，而不必被多种货币或资产的复杂性所困扰。这种抽象化使得分析更加清晰，结论更加直接。 除了其实际应用之外，numeraire概念还引发了关于价值和测量的哲学问题。是什么决定了numeraire的价值？它纯粹是主观的吗，还是有客观的价值基础？这些问题在当今全球化经济中尤为相关，在这里，货币波动，商品的价值在不同地区可能会显著变化。 总之，numeraire是经济学中的一个基本概念，它促进了跨多样商品和资产的价值比较。无论我们是在讨论日常购买还是复杂的金融工具，numeraire都提供了理解价值所需的框架。随着我们在现代经济的复杂性中导航，认识到numeraire的角色可以增强我们对市场动态的理解，并改善我们的决策过程。