从一个简单的学习模型分析我国股票价格波动的原因

An Attempt to Analyze Stock Price Volatility on the Basis of a Simple Learning Model

从股票市场产生以来,股价波动的原因一直是经济学家关注的重点。人们试图通过研究和论证找出其规律性,但几代经济学家们所提出的理论模型都与实际情况存在一定的差异。从经典计量模型的前提条件出发,认识该模型的缺陷,可以推断出我国有价证券市场上股票价格波动的原因所在。

Since the stock market came into being,the reason of the stock price volatility has been the focus of the economists' attention.Although people attempt to find the rule of the stock price volatility through research and demonstration,the theory models put forward by economists in different eras have differences with the reality.From the premise of the classical model,this paper attempts to explore its limitations.And then deduce the reason of stock price volatility in our country.