摘要
鉴于资本资产定价模型对资产评估和资本定价的作用,以上海股票市场为对象,选取上证180指数中178家股票的相关数据,运用计量经济学的方法进行相关的资本资产定价模型的实证检验。结果显示:上海股票市场存在较大的投机行为,资本资产定价模型在上海股票市场还不适用,对于上海股票市场股票的定价还存在一定的困难。并就结论出现的原因给予了相关的解释。
This paper gave us the empirical analysis for eapm [ capital asset prcing model） due to the effect to capital pricing and evaluation mersured by the ecometries based on the data of 178 of index of Shanghai stock exchange 180 from the Shanghai stock market. The rusuh illustrated that eapm is no longer adequate perfectly and had some difficulties to price the stocks owing to the arbitrage in the Shanghai stock market. And then the author pointed out some issues of explaination.
出处
《经济问题》
CSSCI
北大核心
2009年第8期94-96,共3页
On Economic Problems
关键词
资本资产定价模型
上证180指数
股票市场
capital asset pricing model
index of Shanghai stock exchange 180
stock market
