A Study on the Relationship among Resident Saving,Economic Growth,Monetary Policy and Stock Trading Volume in China
The development of the stock market has close ties to the countrys economy, the savings and the monetary policy, the relationships among four of them are still attracting a lot of researchers attention.We use the Vector Auto Regressive approach to made empirical analysis on those.We have found that there exists a long-term equilibrium relationship among them.Stock trading volume growth of 41% is depending on resident savings, economic growth and monetary policy, but the development of the stock market itself to turnover rates remain at around 59%.
Resident Savings Economic Growth Stock Trading Volume Monetary Policy Vector Auto-Regression (VAR)
Yunlong Shao Chenglei Dai Chongchong Lin Jing Zhu Wenhao Kang Pan Sun
Faculty of Science,Zhejiang University of Science and Technology,China
国际会议
2013 2nd International Conference on Science and Social Research (2013年第二届科学与社会研究国际会议)(ICSSR2013)
北京
英文
728-731
2013-07-13(万方平台首次上网日期,不代表论文的发表时间)