欢迎您！东篱公司
退出
-
申报数据库
-
立项数据库
-
成果数据库
-
项目获奖数据库
中文摘要：
本文利用协整检验、Granger因果检验、脉冲响应等计量方法，基于股市与汇市的数据，研究了2005年7月人民币汇率制度改革后地产指数与人民币汇率之间的关系。实证结果表明，人民币汇率与地产指数存在着长期稳定的协整关系，汇率波动是地产指数的Granger原因，汇率对地产指数的长短期走势均有显著的影响，人民币升值是地产板块跑赢大盘的重要原因之一。
英文摘要：
In this paper, the relationship between exchange rate and the real estate index of stock market after RMB exchange rate reform is empirically studied using daily data as a sample. Econometrical methods such as correlation analysis, co-integration test and Granger causality test are adopted and the results indicate that there is long-term co-integration relation between exchange rate and the real estate index, and exchange rate is Granger causality of real estate index. The RMB appreciation is the main reason that real estate plate wins the market index.
同期刊论文项目
同项目期刊论文
期刊信息
位置：