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wo guo cheng zhen ju min xiao fei cai fu xiao ying shi zheng yan jiu
Pages: 71-72
Year: Issue:  6
Journal: Xi'an Finance

Keyword:  消费财富效应 资产价格 实证研究;
Abstract: 本文通过建立协整模型和状态空间方程,对中国股票市场和房地产市场的财富效应进行分析。结果显示:目前我国房地产市场财富效应微弱,房价上涨已经出现泡沫,股票市场对消费几乎不存在财富效应。
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