2011 Fiscal Year Final Research Report
An Empirical Study on the Influence of Monetary Policy on Stock Prices in China
Project/Area Number |
21730234
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Research Category |
Grant-in-Aid for Young Scientists (B)
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Allocation Type | Single-year Grants |
Research Field |
Economic policy
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Research Institution | Fukuoka Women's University |
Principal Investigator |
ZHANG Yan 福岡女子大学, 国際文理学部, 准教授 (20367030)
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Project Period (FY) |
2009 – 2011
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Keywords | 中国経済 / 金融政策 / 株価 / 実証研究 / 世界金融危機 |
Research Abstract |
In this research, I built a database of fluctuations in China's stock prices. Based on the database, I conducted empirical analyses to analyze how monetary policy has affected fluctuations in stock prices in China, and to consider the implication for monetary policy. I also considered development and the problems of Chinese stock markets. Moreover, I analyzed the linkage of the Chinese stock market and major global stock markets in order to clarify the influence of the global financial crisis on China's stock prices. I summarized the results of the research in the papers in Japanese and English, and reported them at the conferences in Japan and abroad.
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