教師資料查詢 | 類別: 期刊論文 | 教師: 聶建中 NIEH, CHIEN-CHUNG (瀏覽個人網頁)

標題:Analysis for the Reality of the CPI when Ignoring Some Financial Assets - Evidence from Taiwan
學年101
學期1
出版(發表)日期2013/01/01
作品名稱Analysis for the Reality of the CPI when Ignoring Some Financial Assets - Evidence from Taiwan
作品名稱(其他語言)
著者Nieh, Chien-Chung; Wu, Tsui-Huang; Cheng, Kuang-Cheng; Hsieh, Joyce
單位淡江大學財務金融學系
出版者Beverly Hills: West World Productions, Inc.
著錄名稱、卷期、頁數Storage Management Solution 2013(1), pp.56-62
摘要This research attempts to judge the reality of the price index without incorporating the prices of stock and real estate and to analyze the efficiency of the diversification when investing in both assets of stock and real estate over the period of 1986Q1 to 2002Q3 in Taiwan by employing various multivariate VAR models. The empirical results first indicate that diversification by investing in both assets of stock and real estate is fruitless since the market is efficient. Granger causality tests provide us perceptual information that the price index without incorporating the prices of stock and real estate is spurious. Nonetheless, the formulating of a STECM is not necessary since the linear functional form is not violated in our examination.
關鍵字Stock price; Real Estate Price; Consumer Price Index; ARDL; STECM
語言英文(美國)
ISSN2223-0491
期刊性質國外
收錄於EI
產學合作
通訊作者
審稿制度
國別美國
公開徵稿
出版型式紙本
相關連結
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