【摘要】 文章利用协整和向量自回归工具,通过单位根检验、因果关系检验、协整检验和脉冲分析,从更宽广的视角来分析央行对股票市场的影响力。更多还原

【Abstract】 The stock market and the Central Bank has subtle relations.This article uses the tools of co-(integration) and vectorial autoregressive model,by means of the unit root test,Granger causality tests,the co-(integration) test and the impulse analysis to analyzes the influence of the Central Bank on the stock market from a broader angle of view.The conclusion is that the central bank may have impact on the stock market.更多还原