摘要
本文利用计量经济分析方法,运用EVIEWS软件,研究了货币政策对股市的具体影响。得出的主要结论是:熊市时,货币政策对股市的影响微乎其微;牛市时,货币政策的影响较为明显。
Using the econometric analysis methods and Eviews software,this paper studies the influence of monetary policy on the stock market in China. And it draws the conclusion that,monetary policy has little effect on bear market in stocks, while the effect is more obvious on bull market in stocks.
出处
《技术经济》
2008年第6期92-97,共6页
Journal of Technology Economics
关键词
货币政策
股票市场
格兰杰因果检验
脉冲响应分析
monetary policy
stock market
granger causality test
impulse response analysis
