期刊文献+

现阶段A股市场有效性的经验研究 被引量:1

下载PDF
导出
摘要 有效市场假说(EMH)一直是金融市场运行效率与资源配置功能的主要分析框架,对于健全我国证券市场的主体行为,完善信息披露制度,提高运行效率等方面都起着积极的指导作用。本文从2014年至2016年截取时间序列数据,对A股市场弱式有效性及半强有效性进行了检验,发现我国资本市场处于弱有效状态,还没有达到半强有效。
机构地区 西安欧亚学院
出处 《知识经济》 2019年第24期29-30,共2页 Knowledge Economy
  • 相关文献

参考文献1

二级参考文献9

  • 1Rosenberg, Barr, Kenneth Reid, and Ronald Lanstein, 1985, Persuasive evidence of market inefficiency, Journal of portfolio Managemnt 11, 9 - 17.
  • 2Sharpe. William F., 1964, Capital assel prices: a theory of market equilibrium under conditions of risk, Journal of Finance 19, 425 - 442.
  • 3Sie Ting Lau, Chee Tong Lee., Thomas H. McInish, 2000, Stock returns and beta, firms size, E/P, CF/P, book - to - market, and sales growth: evidence from Singapore. and Malaysia, 12, 207 -222.
  • 4Stattman, Dennis, 1980, Book values and stock returns, The Chicago MBA: A Journal of Selected Papers 4, 25-45.
  • 5Banz, Rolf W., 1981 Anomalies in relationships between securities' yields and yield - surrogates, Journal of Financial Economics 6, 103 - 126.
  • 6Basu, Sanjoy, 1983,The relationship between earnings yield, market value, and return for NYSE common stocks: Further evidence, Journal of Financial Economics 12, 129 - 156.
  • 7DeBondt, Werner F. M., and Richard H. Thaler, 1985, Does the stock market overreact, Journal of Finance 40, 557 - 581.
  • 8Dongcheol Kim, 1997, A reexamination of firm size. book - to - market, and earnings price in the cross - section of expected stock returns, 32,463 - 489.
  • 9Fama, Eugene F., French, Kenneth, R., 1992, The cross- section of expected stock returns, Journal of Finance 47,427-465.

共引文献48

引证文献1

二级引证文献1

相关作者

内容加载中请稍等...

相关机构

内容加载中请稍等...

相关主题

内容加载中请稍等...

浏览历史

内容加载中请稍等...
;
使用帮助 返回顶部