互联网货币基金类理财产品收益率影响因素研究

A Study of Influencing Factors on Internet Monetary Fund Products Return

互联网金融作为我国金融体系的一个重要组成部分,扮演着越来越重要的角色。文章以完全互联网销售的互联网货币基金类理财产品为研究对象,在利率逐步放松和股市经历大幅涨跌的背景下,通过相关的时间序列实证方法,研究该类产品收益率的影响因素。我们通过加权平均法从众多理财产品中得到具备代表性的总体收益率进行实证研究。结果表明:在2014年4月至2017年2月期间,互联网理财产品收益率受到Shibor滞后项、证券二级市场表现和货币供应量的影响,前三个因素的影响均为正向,货币供应量的影响则是负向。

E-finance plays an important role and well-performed stock, I collect the return of to find the relationship between them. By doing in China. In the background of an easy economic environment internet monetary fund products and other influencing factors some time series analysis, the conclusion is： At least between April 2014 and February 2017, the return of internet monetary fund financial products were influenced by its own lag, Shibor lag, securities secondary market and money supply.The first three factors were positive, the money supply is negatively correlated, and the impact of its own lag the most.