摘要
本文回顾了中国股市十多年来的政策干预历史,并总结了其中的规律所在:1997年前,政府干预呈现反转模式;1997年后,政府干预呈现趋势模式。文章对该规律的形成给出了行为解释,并据此提出了相关投资建议和政策建议。
After a review of the government policy intervention in stock market for ten more years, this paper summarizes the regularity among it. That is, the policy intervention turns out to be reverse model before 1997 while it turns out to be trend model after 1997. Subsequently, the paper gives a behavioural explanation towards the regularity. Some relevant investment suggestions and policy suggestions are given at the end.
出处
《华东经济管理》
2003年第5期94-95,共2页
East China Economic Management
