首都经济贸易大学学报2016，Vol.18Issue(2)：34-41,8.DOI:10.13504/j.cnki.issn1008-2700.2016.02.005
股指期货对股指现货的价格引导是否存在"规模阶梯效应"?
Does "Scale and Step Effect"Between Stock Index Futures and Stock Index Spot in China Exist?
张向丽 1杨瑞杰 2卢爱珍2
作者信息
- 1. 新疆财经大学 会计学院 新疆 乌鲁木齐 830012
- 2. 新疆财经大学 金融学院 新疆 乌鲁木齐 830012
- 折叠
摘要
Abstract
This study researches the price guidance function that stock index futures on stock index spot and whether"scale and step effect"between them exist in China.The study shows that all kinds of stock index futures and the corresponding stock index spot have significantly double-way price guidance function,and the price guid-ance function of stock index futures is stronger.The price guidance function that stock index futures on stock index spot meets the"scale and step effect"very well.The price guidance function that stock index futures included super large-cap stocks to the corresponding stock index spot is the strongest;the price guidance function that stock index futures included large-cap stocks to the corresponding stock index spot is weaker;the price guidance function that stock index futures included small-cap stocks to the corresponding stock index spot is the weakest.关键词
股指期货/股指现货/价格引导/规模阶梯效应Key words
stock index futures/stock index spot/price guidance function/scale and step effect分类
管理科学引用本文复制引用
张向丽,杨瑞杰,卢爱珍..股指期货对股指现货的价格引导是否存在"规模阶梯效应"?[J].首都经济贸易大学学报,2016,18(2):34-41,8.
