上海管理科学2012，Vol.34Issue(3)：20-23,4.
创业板投资者情绪及其收益率相关性研究
Research on the Correlation between the GEM Investor' s Mood and the Yield
摘要
Abstract
The paper uses VAR approach to study relationship between investor sentiment and the yield of the Main Board and Growth Enterprise Market of our country. The study found that the Main Board investor sentiment significantly affect yield, and yield no significant effect on investor sentiment; While differently, GEM market' s investor sentiment, yields no significant impact. The reason for these phenomena is due to two kinds of investors in the market structure difference, GEM investors are more mature, GEM policy and regulation are more holistic and other reasons.关键词
投资者情绪/收益率/创业板Key words
Investor Sentiment/ Return/ Growth Enterprise Market分类
管理科学引用本文复制引用
吴海燕,杨朝军,龚霄..创业板投资者情绪及其收益率相关性研究[J].上海管理科学,2012,34(3):20-23,4.基金项目
国家自然科学基金资助项目(70773075) （70773075）
