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.
This article uses the autoregressive distributed lag - Error Correction Model (ARDL-ECM) to analyze the real estate prices and interest rate data from the fourth quarter of 1998 to the first quarter of 2008 .The results show that the interest rate and the real estate prices , in the long run, are negatively related; in the short term, the impact of interest rates on real estate prices lags 2 periods,...
Since 2006, the Central Bank of China has adjusted the interest rate for many times. As one of the most important measures adjusting macro-economy, the change of the interest rate must have effects on the stock market. In this paper we used the Shanghai stock index as an empirical example to research the effect that the interest rate's change had on the stock price's fluctuation. We got the conclusions...
In order to promote the market-based process of interest rate, Time series theories, such as GARCH and EGARCH model, are respectively applied to estimate the term structure of Shibor based on the basic model. The empirical results show: 1) As to the fitting results, the EGARCH model is better than the GARCH model for fitting the term structure of one week, two weeks, one month, 3 months, 6 months,...
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.