A Research on the Impact of Short-term International Capital Flows on China Stock Price
We analyze the monthly data of B-stock Market and SME Board market from July 2005 to October 2016 by using VAR model.The results show that Short-term International Capital Flows have significant influence on B-stock Market,and Short-term International Capital Flows interact with the changes of B-stock Market.Moreover,Short-term International Capital Inflows promote the rise of stock price in Chinas SME Board Market in the short term,and SME Board Market in turn attracts Short-term International Capital Inflows.
Short-term International Capital Flows A-stock Market B-stock Market SME Board Market
An Hui Wang Hao Gao Zebo Bi Ronghui
Faculty of Management and Economics,Dalian University of Technology,Dalian,China,116024 Division of Humanities & Social Sciences,Beijing Normal University·Hong Kong Baptist University Unit
国际会议
大连
英文
8-14
2018-07-06(万方平台首次上网日期,不代表论文的发表时间)