The Efficiency of China's Stock Market with Respect to Monetary Policy

Released on by Caren Yinxia Guo Nielsen
preview-18

  • The Efficiency of China's Stock Market with Respect to Monetary Policy Book Detail

  • Author : Caren Yinxia Guo Nielsen
  • Release Date : 2009-08
  • Publisher : LAP Lambert Academic Publishing
  • Genre :
  • Pages : 60
  • ISBN 13 : 9783838310251
  • File Size : 58,58 MB
DOWNLOAD BOOK

The Efficiency of China's Stock Market with Respect to Monetary Policy by Caren Yinxia Guo Nielsen PDF Summary

Book Description: Due to the bull stock market from Jun 2005 to 2008 in China and the simultaneous high interest in stocks, resulting in a stream of new private investors into the market, issues about this market have been hot topics in people s daily life and academic circles. One of these is the efficiency of the market. Considering the importance of monetary policy in Chinese economy, I focus on the efficiency of the stock market with respect to monetary policy, which is concerned about by investors for their investment returns and by the government for its governing efficiency of polices. Furthermore, along with the development of the Chinese economy, there is an international focus on whether the market is healthy. I test the Efficient Market Hypothesis using the Vector Autoregressive models, including the monthly macroeconomic variables related to monetary policy. Impulse Responses Functions and Variance Decompositions are generated from the estimated VARs to further evaluate impacts of monetary policy on stock returns. This empirical assessment could be considered as a research on the market efficiency with a different angel, useful for any one doing researches on the Chinese stock market.

Disclaimer: www.yourbookbest.com does not own The Efficiency of China's Stock Market with Respect to Monetary Policy books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

The Efficiency of China's Stock Market

The Efficiency of China's Stock Market

File Size : 52,52 MB
Total View : 6961 Views
DOWNLOAD

By investigating the efficiency of China's stock market in accordance with the theoretical framework of the Efficient Market Hypothesis, this book focuses on we

The Chinese Stock Market

The Chinese Stock Market

File Size : 6,6 MB
Total View : 9663 Views
DOWNLOAD

The emergence of a stock market in China only occurred a decade ago and it remains something of an unknown quantity to many observers and traders outside of the

Demystifying China’s Stock Market

Demystifying China’s Stock Market

File Size : 5,5 MB
Total View : 8488 Views
DOWNLOAD

Mainstream research has rationalized China’s stock market on the basis of paradigms such as the institutional approach, the efficient market hypothesis, and c