Essays about: "Zhe Zeng"

Found 1 essay containing the words Zhe Zeng.

  1. 1. THE RELATIONSHIP BETWEEN MACROECONOMIC VARIABLES AND THE CHINESE STOCK MARKET-AN APPLICATION OF VECTOR ERROR CORRECTION MODEL

    University essay from Uppsala universitet/Statistiska institutionen

    Author : Zhe Zeng; [2017]
    Keywords : ;

    Abstract : Using Johansen's vector error correction model, this paper investigates the long-term equilibrium between stock price and six selected macroeconomic variables in China. On testing different VECM models, we find that there is no long-term equilibrium between stock price and 6 macroeconomic variables, although there may exist long-term equilibrium among macroeconomic variables themselves. READ MORE