Research on the Efficiency of the Chinese Stock Market

Author: Zhang Bing
Publisher:
Publish Date: 2004-05-01
Features: As an important component of the financial market, the stock market is an indispensable part of the socialist market economy. The full play of the role of the stock market depends on its efficiency. Studying the effectiveness of the Chinese stock market has fundamental theoretical significance and important practical significance. This book, with 8 chapters, revolves around the research theme of market effectiveness, unfolding in the order of theory-emulation-application, with unique research methods and means. The entire book employs a large number of financial econometrics methods, especially developing the gradual testing method for effectiveness testing in emerging markets and the duration method for testing stock market bubbles.