1. (30%) 在金融市場中，其中知名的一條曲線為 yield curve(稱收益率曲線或殖利率曲線，請說明 yield curve 的意涵 (3%)；yield curve 具有哪三個重要現象 (Empirical facts) (9%)；好的理論必須要能解釋以上三個現象，請說明 yield curve 相關理論發展及其意涵 (18%)。

(e) (5%) Suppose that there is a developed North country and a developing South country. Suppose that prior to the pandemic, the two countries have the same sector specific unemployment rate, but their labor force compositions are different, i.e., \( v^N \neq v^S \). Which country has a higher \( v \), the North or the South? Which country has a higher unemployment rate prior to the pandemic? How the pandemic affects the job separation rates and the job finding rates in the North and the South? Which country has a higher unemployment rate during the pandemic? Briefly explain your answer.

相關申論題

相關試卷