Empirical Analysis: The Effect Of Chinas Currency Supply On Security Market

摘要：

From March to November in the year of 2007, Chinas security market maintained bull market momentum for long time. The reasons for this precedent phenomenon are various, such as excessive liquidity, the Olympic games economy and the QFII introduction.Since the exchange amount is an crucial index of stock market performance , this piece of paper tries to analyze the effect of chinas currency supply on security market according to searching the correlation degree between currency supply M1 and stock exchange amount.The final goal is to study currency supply applicability as intermediate objectives adopted by the the financial authority of China.

关键词： currency supply correlation test stock exchange amount

作者: Yang Li Shao Shibin

作者单位: Department of finance and trade,Shanghai International Studies University,Shanghai 200083,CHINA Department of Enterprise Management,Shanghai International Studies University,Shanghai 200083,CHINA

会议类型: 国际会议

会议名称: International Symposium on Financial Engineering and Risk Management(2008年金融工程与风险管理)

会议地点: 上海

会议语种:英文

页码: 279-281

在线出版日期: 2008-06-01（万方平台首次上网日期，不代表论文的发表时间）