The Infona portal uses cookies, i.e. strings of text saved by a browser on the user's device. The portal can access those files and use them to remember the user's data, such as their chosen settings (screen view, interface language, etc.), or their login data. By using the Infona portal the user accepts automatic saving and using this information for portal operation purposes. More information on the subject can be found in the Privacy Policy and Terms of Service. By closing this window the user confirms that they have read the information on cookie usage, and they accept the privacy policy and the way cookies are used by the portal. You can change the cookie settings in your browser.
Suppose the stock returns series has a fat tail distribution characteristics of GED, and select the stock return series of three types of listed companies from 2007 to 2009 as the sample data, empirical analysis credit situation and probability of default of the listed companies in China before and after the financial crisis. Research indicates that the model can be well with the actual economic situation...
Some advanced structural models of default risk have introduced jump component to reflect the abnormal jump risk, but most of them take use of the credit spread, credit default swap (CDS) spread or option price in empirical research. However, the finance derivative market and the bond market in China are undergoing very limited development, which makes it impossible to use the credit spread or CDS...
This paper analysis the projection market diffusion process by Bass model, estimated the model parameters of projection market diffusion model. Use the past years projection purchase statistic data in China, make a positive analysis of projection diffusion model, forecast the purchases of future and prospect the time and number of maximum purchases.
In recent years, China has experienced high real estate price and stock market fluctuations. It is necessary to study the relationship between real estate and stock price in order to promote healthy and stable development of the economy. Based on data from 1999 to 2009, this article empirically explored their relationship by multivariable VAR model under the situation of taking currency liquidity...
It is found that the food price rising are the main reasons to promote the overall price level from operational features of the consumer price index (CPI). The food and energy supply shortage and pork price rising are the direct reason of the China price index rising recently. We study the dynamic relations among money supply growth, deposit reserve ratio, raw materials price and CPI index through...
A lot of empirical studies have been done on corporate dividend policy using firm-data, mostly for the US but seldom for emerging markets. In China, corporate dividend policy is still a new phenomenon. Based on the Signaling Theory (Lintner, 1956), two models are established to examine the relationship between corporate dividend policy and financial performance of Chinese listed companies. Sample...
Panel data is a two-dimensional data included time and the cross section. Through constructing a panel data matrix, the clustering method is applied to panel data analysis. This method solves the heterogeneity question of dependent variable which belongs to panel data, before on their statistical analysis. In the part of case analysis, the question about discount rate of B stock in China is studied...
Set the date range to filter the displayed results. You can set a starting date, ending date or both. You can enter the dates manually or choose them from the calendar.