The Empirical Study on Relationship Between Stock Prices and Inflation

摘要：

Background of inflation in 2010, the share price trend of what will be, how should we operate on in the stock market has become a concern, This article conduct a test about the Shanghai index and the stability of the CPI data, then use autoregressive distributed lag model to study the relationship between stock prices and inflation, concluded that the CPI has negative impact on the Shanghai index, and long-term effects than short-term impact. The Shanghai Composite Index on the impact on the CPI is not significant.

关键词： The Shanghai Composite Index CPI autoregressive distributed lag model

作者: WANG Hua LIU Ning

作者单位: School of Economy and Management, Shenyang Ligong University, China, 110159 2010 Accounting Graduate, Shenyang Ligong University, China, 110159

会议类型: 国际会议

会议名称: 2011 International Symposium on Technical Innovation of Industrial Transformation and Structural Adjustment(2010 技术创新、产业转型与结构调整国际研讨会)

会议地点: 烟台

会议语种:英文

页码: 292-295

在线出版日期: 2011-08-06（万方平台首次上网日期，不代表论文的发表时间）