- 1、本文档共71页,可阅读全部内容。
- 2、有哪些信誉好的足球投注网站(book118)网站文档一经付费(服务费),不意味着购买了该文档的版权,仅供个人/单位学习、研究之用,不得用于商业用途,未经授权,严禁复制、发行、汇编、翻译或者网络传播等,侵权必究。
- 3、本站所有内容均由合作方或网友上传,本站不对文档的完整性、权威性及其观点立场正确性做任何保证或承诺!文档内容仅供研究参考,付费前请自行鉴别。如您付费,意味着您自己接受本站规则且自行承担风险,本站不退款、不进行额外附加服务;查看《如何避免下载的几个坑》。如果您已付费下载过本站文档,您可以点击 这里二次下载。
- 4、如文档侵犯商业秘密、侵犯著作权、侵犯人身权等,请点击“版权申诉”(推荐),也可以打举报电话:400-050-0827(电话支持时间:9:00-18:30)。
查看更多
人民币汇率变动对中国股六市行业风险的影响研究-投资理财专业毕业论文
浙江工商大学硕士论文
浙江工商大学硕士论文 人民币汇率变动对中国股市行业风险的影响研究
questions.
To explore the above questions,this paper will study the impact of the change of the exchange rate of the RMB on the risks of different industries in Chinese stock market.Before the theoretical analysis,the author of this paper has referred to many literatures and sorted them,then came up with 3 hypotheses based on the theories:(1)The shock ofthe RMB exchange rate Can cause different effects on the risks ofdifferent industries i11 Chinese
stock market;(2)the change of the exchange rate of the RMB will has unsymmetrical effects on the risks of different industries in Chinese stock market;(3)the change ofthe exchange rate ofthe RMB has lagged effects on the risks of different industries in Chinese stock market.In the
empirical research,this paper selected the daily closing prices of the following indexes,including Shanghai and Shenzhen 300 index,the real estate industry index,textile and costume industry index,
petroleum industry index,automobile industry index,aviation industry index and gold industry index in Chinese stock market as well as the daily closing price of the central parity rate of the RMB against the U.S.dollar in indirect quotation.We used the daily data from January 4m,20 1 0 to June 3 0也,20 1 5,and selected 1 326 trading days when both the Chinese stock market and the foreigner exchange market were working.Then we got the logarithm yield of each index and we used them to set up the GARCH model,which couldj help US to get the daily value.at risk of each index SO that we could describe the risks that Shanghai and Shenzhen 300 index and
each industry were facing.After we got the sequence of VaR of each industry,we then started the following empirical researches by using the VaR sequences we got above.(1)Drew the graphs of impulse response
function,SO that we could study whether the shock of the RMB exchange
rate would cause different
您可能关注的文档
- 人喉癌移植瘤成纤维细胞的培养、时鉴定及上皮间质转化相关来源分析-耳鼻咽喉科学专业毕业论文.pdf.docx
- 人教版试题试卷辽宁省沈阳二中2009-2就010学年高二下学期4月月考生物试题.doc
- 人教版试题试卷江苏省房山中学2007-2008年度高一第二学期必学修1第一次月考.doc
- 人呼吸道合胞病毒m蛋白非复制型重组腺病笑毒的构建和鉴定-免疫学专业毕业论文.pdf.docx
- 人教版试题试卷福建省清流一中2012-敏2013学年高二上学期期中考试生物(文)试题.doc
- 人教版试题试卷黑龙江省牡丹江一中2010-2011学年工高一下学期期末考试生物试题.doc
- 人教版试题试卷山东省烟台市2行011-2012学年高二上学期期末考试生物(a)试题.doc
- 人教版试题试卷黑龙江省哈三中2009-2010学年高一下学期期门末考试生物试题.doc
- 人教版四年级下册语文直全册教案(带三维目标).doc.doc
- 人教版试题试卷就安徽省马鞍山市2010-2011学年高一下学期期末考试生物试题.doc
最近下载
- 《人文英语三》课程边学边练答案.pdf VIP
- 口腔麻醉助推仪产品技术要求2024版.docx VIP
- 《细胞生物学》教案——细胞6章蛋白质分选与膜泡运输10.doc VIP
- 八年级下册地理复习导学案.pdf VIP
- 第11课近代职业教育的兴起和发展(新教材课件)-【中职专用】《世界历史》同步精品课堂(高教版2023•基础模块).pptx
- 运算律复习课课件.ppt
- Module 4 Unit 1(2)(说课稿)-2023-2024学年外研版英语八年级下册.docx
- 粤港澳大湾区商事仲裁临时措施跨区域执行制度研究.docx
- 红旗HQ9保养手册.pdf
- 教育心理学 第10章 教育设计与评价.ppt
文档评论(0)