中國(guó)A股市場(chǎng)周期的形成及影響因子研究.pdf

1、南京航空航天大學(xué)碩士學(xué)位論文中國(guó)A股市場(chǎng)周期的形成及影響因子研究姓名：茅倩如申請(qǐng)學(xué)位級(jí)別：碩士專業(yè)：金融學(xué)指導(dǎo)教師：吳秋璟201103中國(guó)A股市場(chǎng)周期的形成及影響因子研究IIAbstractTheFmationofthestockmarketcyclehaslongbeentheconcernofacademicsathomeabroadespeciallycomplexityoftheoperatingfactsrolewhichha

2、sdifferentconclusionsindifferentyearsdifferentmarkets.Thefunctionof“barometer“theacteristicsof“policymarket“makethestudyastrongtheeticalpracticalvaluewhichstudyinstockmarketcycleitsimpactingfactsinChina.Basedonthebackgro

3、undthisarticlefirstanalyzesthetheyofstockmarketcycleespeciallyontheDowTheyWaveTheythenpointsoutcrespondingcompartmentalizationoftheAsharemarketcycleinChinamadebythedomesticscholars.Secondlythisarticlesummarizestheimpacti

4、ngfactsonthematuremarketsemergingmarketsfoundsthatstudiesfocusedonfactsofmacroeconomicmoarypolicytheimpactdistinctinthemarketacteristicsthespecificstageindevelopmentprocess.Basedontheanalysisoftheacteristicslackofdomesti

5、cresearchthearticleprimarydividesthemarketcyclesofAsharestockmarketinChinafurtherdotheempiricalanalysisinthedimensionsofmacroeconomicdevelopmoarypoliciesotherfactssuchasoftheimpactofunexpectedeventsisalsobeinganalyzed.Ac

6、cdingtotheoutcomeofempiricalanalysisduringtheprocessfrombntomatureofthestockmarketinChinatheinfluenceofitsperturbationissmallerwhiletheimpactsofmacroeconomicdevelopinterestratehasanincreasingtrend.Theimpactofmacroeconomi

7、chasundergoneasignificantrolefromtheiginaltonoeffectthenbacktosignificantcausalrolethedirectinfluenceofmoarypolicyhasundergoneasignificantroleintheacterofM0toM1whichhasthemeeffectivetransmissionchannels.Finallythisarticl

8、esummarizescombinedeffectsoffactsindifferentAsharemarketcycleindevelopmentperiodsofChina.Aftersummarizingconclusionspromotesthesuggestionsinmacroeconomicdevelopmoarypolicytemparyexternalshockinterentstockmarketproposedfu