本文对中国证券市场股票收益率与通贷膨胀率之间的关系进行实证研究.得出在中国股票市场上,股票实际收益可与通贷膨胀率存在微弱的正相关关系,而这与发达资本市场上二者显著的负相关关系差异很大.
This paper rearch on the relationship between the stock return and the inflation rate in Chinese stock market, made the conclusion that there is a faint positive correlation between them, but is different from the negative correlation in the developed capital merket.