Research on the stock market bubble

Author: Guo Jimin
Publisher:
Publish Date: 2005-11-01
Features: The bubble in the stock market is a cutting-edge field in contemporary financial research. This book comprehensively applies the normative research methods, empirical methods, and experimental methods of modern finance to reveal the connotation and characteristics of stock market bubbles, analyze the operational mechanisms of rational bubbles and speculative bubbles, establish corresponding behavioral equations, examine the relationship between stock market bubbles and economic efficiency, and explore the measurement, testing, prevention, and control methods of stock market bubbles. It concludes with an empirical study of the bubble in China's stock market and proposes relevant policy recommendations. This book is an academic monograph on stock market bubbles in China, integrating the author's decade-long experience in the securities market and solid academic foundation. The book stands out in terms of theoretical foresight and systematicity, and its policy recommendations are highly operational. It also offers significant practical guidance value for participants in the securities market.