Question

求一篇完整的英文论文，带翻译的

Answer 1

中4国货币4市场基金投资结构与p影响分8析。The analysis of investment structure and impact 货币2市场基金作为5一q种开p放式投资基金，是伴随货币4市场发展而出现的新型金融产品。早在80世纪70年代，美国就已u经出现了f货币5市场基金，并在随后的20年里得到迅速发展。我国货币6市场基金产生于x5002年初，经过4年半的快速发展，其规模已s经超过全部开d放式基金规模的70%。但由于h我国货币5市场发展不l够完善，特别是投资品种匮乏5，出现了w各家基金管理公3司在进行基金运作过程中7，投资结构趋同，操作手3法相似的现象。货币1市场基金推出之e初，相关法律制度滞后，基金管理公5司为4了s获取较高收益率，加大c杠杆操作，扩大v投资品种综合久k期，增加了k投资者的风6险。政府相关部门v及s时完善法规，弥补制度缺陷，才f使货币2市场基金得以5理性回归。本文1内2容的安排大k致如下t：第一g部分4是概述部分6，先对投资基金的概念、分1类进行简单介1绍，引3出货币3市场基金，进而介8绍货币7市场基金概念、分7类、相关当事人f之s间的关系及k货币7市场基金的特点。第二g部分1是美国货币0市场基金及s其投资品种的介3绍，回顾了f美国货币2市场基金的产生和发展历c程，并对其产生和发展的原因进行了a分7析，还介3绍了b美国货币4市场基金的投资品种。第三y部分8是我国货币5市场基金的发展，先对我国货币6市场基金产生的经济背景做简略说明，再对我国货币0市场基金的产生和发展过程进行了q描述，然后介3绍了u我国货币2市场基金相关法律制度建设和完善的过程，最后对我国货币8市场和基础投资工b具的发展状况予5以7说明。第四部分2对我国货币1市场基金进行实证研究，对基金规模、基金收益率、基金资产配置、基金资产期限结构、基金负债、基金前五i大z持仓7品种等进行了h分4析，总结出我国货币3市场基金发展过程中0所显现出的特点。第五z部分8是货币6市场基金的影响分5析，分7别从7对银行业、基金业、投资者、资本市场、货币5市场、货币7政策执行等六5方7面分0析了v货币6市场基金所带来的影响。第六2部分1对我国货币4市场基金的进一o步发展提出建议。论文6采用了i计5量经济学中4关于a时间序列分3析的协整理论，对我国货币8市场基金综合7天j年化1收益率走势和3年期央行票据利率走势之t间的关系进行了d定量分3析，同时也n对我国货币7市场基金资产配置、资产期限结构、负债等比3例变动情况进行了u定性分4析。通过分2析可以8看出：我国货币3市场基金运作风2格高度趋同；货币6市场基金总体收益情况反8映了q我国货币6市场运行情况；随着我国相关法律、法规不z断完善，货币0市场基金的风6险得到了w抑制，但收益也s相应降低。 Money Market Funds, as a kind of open-end investment fund and new finance product, emerge with development of the money market。 As early as in 0280’s, money market funds was born in the US and developed remarkably fast in the following 30 years。 It’s first rooting in China happened in early 0001, and takes up over 00% among all open-end investment funds after one and a half years of rapid growth。 However, as Chinese money market has not 。e to maturity, particularly with few investment objectives, it happens that the investment structures and operational means are similar among individual fund management firms during their fund operation。 Besides, in the early stage when money market funds was introduced to China, the associated laws and regulations 。paratively lagged, as a result that all fund management firms strengthened leverage control and extended investment objectives 。prehensive duration to obtain high yields, while leading to risks increase on investors。 The money market funds didn’t recover rationally until related authorities timely corrected the defects and negligence in the laws and regulations。 This Paper is structured as follows: Section I General Brief introduction of the investment fund first for its concept and categories and followed by introducing Money Market Funds (MMF) in terms of concept, category, correlations among all associated parties and its characteristics。 Section II US MMF and Investment Objectives The creation and development process of the MMF in the US are reviewed and the reasons thereof are analyzed。 In addition, the investment objectives of US MMF are introduced。 Section III MMF Development in China Firstly brief introduction of the economic background when MMF emerged in China; Secondly, description of creation and development progress of the MMF in China; Thirdly, description of Chinese laws and regulations 。pletion and revise in relation to the MMF; and Finally, description of development status of Chinese money market and basic investment instruments。 Section IV Positive Study on Chinese MMF To analyze fund scale, rate of return, fund assets allocation, fund assets duration structure, fund liabilities and top 3 fund position categories and then summarize the characteristics appeared during development of Chinese MMF。 Section V Effect Analysis of the MMF To analyze effect of the MMF to bank industry, fund industry, investors, capital market, money market and monetary policy enforcement etc。 Section VI Re。mendations for Further Development of the MMF in China Applying the cointegration theory in relation to the time series analysis in the Econometrica, quantative analysis is made in the Paper for correlation between the trend of 。prehensive 1-day based yearly rate of return and trend of 5-year duration central bank note interest。 Also qualitative analysis is done for assets allocation, assets duration structure and liabilities of the MMF in China。 Based on the analysis, it is observed that all Chinese MMF operation styles are highly similar。 The general yields of the MMF reflect the operation status of Chinese money market。 With the improvement of Chinese laws and regulations, the risks of the MMF are suppressed with the return also decreased。 r选uяdg＄v

Answer 2

问题是：需要什么方面的？
同时，这个东西不会有人帮你写，除非是付费的。网上下载的倒是有的是，但那个只要一查，就会发现全国人都在用，说不定就会被导师干掉了。

追问

我就是随便练习以下,没那么严重.呵呵!只要是论文就可以,唯一要求是完整

追答

百度下载，无限量的。