DocumentCode
2802498
Title
The Association Research about China´s Bond Market and Stock Market
Author
Zhang, Guangbin ; Cheng, Chun
Author_Institution
Sch. of Econ. & Manage., Yunnan Normal Univ., Kunming, China
Volume
3
fYear
2011
fDate
26-27 Nov. 2011
Firstpage
34
Lastpage
37
Abstract
From co-integration test, error correction model analysis and the Granger causality test, we found that there is a co-integration relationship between China´s bond market and stock market in volume, but there is no Granger causality between the two markets. Overall, the connection between China´s bond market and stock market is low, the reaction of the information is not particularly fast, and the two markets are in segmentation state. Based on positive research, some relevant suggestions will be put forward for the above conclusions.
Keywords
statistical analysis; stock markets; China; Granger causality test; association research; bond market; co-integration test; error correction model analysis; stock market; Economic indicators; Equations; Error correction; Law; Mathematical model; Stock markets; Time series analysis; bond market; positive research; stock market;
fLanguage
English
Publisher
ieee
Conference_Titel
Information Management, Innovation Management and Industrial Engineering (ICIII), 2011 International Conference on
Conference_Location
Shenzhen
Print_ISBN
978-1-61284-450-3
Type
conf
DOI
10.1109/ICIII.2011.294
Filename
6114700
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