摘要
证券市场是宏观经济的"晴雨表",股票市场与宏观经济的关系一直是研究的热点问题。本文通过分析我国证券市场的发展情况,以及股价指数与主要经济变量之间的关系,建立了宏观经济变量与证券市场波动的联立方程模型,并利用1992年1月到2007年12月的月度数据进行了实证分析。
Securities market is macro-economy's "barometer", and relationship between stock market and y has always been a topic of great interest. After an analysis of growth of securities market in China, and the relationship between share price indexes and main economic variables, a simultaneous equations model of macro-economy variables and volatility of securities market is set up, and analysis on monthly data from January, 1992 to November, 2007 is conducted.
出处
《深圳职业技术学院学报》
CAS
2009年第2期3-8,共6页
Journal of Shenzhen Polytechnic
关键词
宏观政策
证券市场波动
联立方程模型
macroscopic policy
securities market volatility
simultaneous equations model