Title :
Notice of Retraction
The study on uncertainty and portfolio of household financial assets
Author :
Zhang Hui ; Wang Yan
Author_Institution :
Sch. of Sci., Commun. Univ. of China, Beijing, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
This paper studies the relationship between uncertainty and portfolio of household financial assets by empirical analysis. Our study aim is to provide households with more theoretical guidance and practice mode about portfolio of financial assets. In this paper, we regard Beijing households as investigative objects. Firstly, based on the Chow test, we find that uncertainty aroused by China´ institution change will influence portfolio of household financial assets. Secondly, portfolio of household financial assets is excessively sensitive to household income shocks based on excessively sensitive equation. Finally, based on co-integration theory and error correction model, this paper well analyzes the influence of income uncertainty to portfolio of household financial assets.
Keywords :
economics; investment; statistical analysis; Beijing households; Chow test; co-integration theory; empirical analysis; error correction model; household financial assets; portfolio; uncertainty; Financial Assets; Household portfolio; Uncertainty;
Conference_Titel :
Advanced Management Science (ICAMS), 2010 IEEE International Conference on
Conference_Location :
Chengdu
Print_ISBN :
978-1-4244-6931-4
DOI :
10.1109/ICAMS.2010.5552965