發(fā)布時間：2018-05-06 17:12

  本文選題：AH股價差 + 區(qū)際風險分擔��； 參考：《經(jīng)濟學動態(tài)》2012年06期

【摘要】：本文基于隨機貼現(xiàn)因子的框架,從新的視角對AH股價差現(xiàn)象進行了研究。研究結(jié)果表明,除了個股因素外,造成AH股價差的因素還有兩地區(qū)間區(qū)際風險分擔程度、無風險利率的差異以及匯率風險溢酬和匯率對股票價格的溢出效應等共同因素,而且這些共同因素的影響作用比已有研究關(guān)注的個股因素更為重要。
[Abstract]:Based on the framework of stochastic discount factor, this paper studies the AH stock price difference from a new perspective. The results show that in addition to the individual stock factor, there are also some common factors, such as the degree of risk sharing between the two regions, the difference of risk-free interest rate, the overpayment of exchange rate risk and the spillover effect of exchange rate on stock price. Moreover, the influence of these common factors is more important than the stock factor which has been studied.
【作者單位】： 上海國家會計學院;上海立信會計學院會計與財務學院;
【分類號】：F832.51;F224

【參考文獻】

相關(guān)期刊論文 前4條

1 巴曙松;朱元倩;顧Z，

本文編號：1853158