政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/125105

政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/125105

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政大機構典藏 > 社會科學學院 > 應用經濟與社會發展英語碩士學位學程 (IMES) > 學位論文 > Item 140.119/125105

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题名:	中國股市熔斷機制對CSI300成份股的影響效果分析 On the impact of China’s Circuit Breaker Mechanism on the CSI300 constituent stocks
作者:	薛惠寧 Hsueh, Hui-Ning
贡献者:	王信實 Wang, Shinn-Shyr 薛惠寧 Hsueh, Hui-Ning
关键词:	熔斷機制中國股市 Circuit Breaker China stock market Market efficiency CSI300 Index trade volume
日期:	2019
上传时间:	2019-08-07 17:20:23 (UTC+8)
摘要:	無 The circuit breaker mechanism is primarily used as a financial monitoring tool to prevent extreme price volatility. This study explores whether after implementing the circuit breaker mechanism, the relevant policy will become more effective or will generate market panic and thus affect liquidity. Econometric analyses are used to verify the long-term and short-term impacts of a circuit breaker. The empirical results show that the liquidity has indeed decreased, but it did not exacerbate the investor`s selling behavior due to the policy implementation. Furthermore, the price drop is more severe in the short-term, while the trade volume decrease is more significant in the long-term.
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描述:	碩士國立政治大學應用經濟與社會發展英語碩士學位學程(IMES) 106926002
資料來源:	http://thesis.lib.nccu.edu.tw/record/#G0106926002
数据类型:	thesis
DOI:	10.6814/NCCU201900491
显示于类别:	[應用經濟與社會發展英語碩士學位學程 (IMES)] 學位論文

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