摘要
分散度检验法和横截面收益绝对差检验法是检验证券市场中羊群行为的两种方法。运用这两种方法对中国证券市场进行实证分析,结果表明:在中国的证券市场中确实存在着明显的羊群行为。
Dispersal degree test and cross sectional absolute deviation test are two kinds of methods to test herding behavior on the financial market. By making use of these two methods,the paper makes an empirical analysis of the financial market of our country, the result of which indicates that there does exist obvious herding behavior on the financial market of China.
出处
《中国民航学院学报》
2006年第2期52-55,共4页
Journal of Civil Aviation University of China
关键词
证券市场
羊群行为
分散度捡验法
横截面收益绝对差检验法
financial market
herding behavior
dispersal degree test
erosss ectional absolute deviation test
