我国银行间债券市场效率研究 |
| |
引用本文: | 秦亚峰,唐铭帅. 我国银行间债券市场效率研究[J]. 吉林金融研究, 2016, 0(8): 1-4. DOI: 10.3969/j.issn.1009-3109.2016.08.001 |
| |
作者姓名: | 秦亚峰 唐铭帅 |
| |
作者单位: | 1. 中国社会科学院,北京,100732;2. 华安财保资产管理有限责任公司,北京,100013 |
| |
摘 要: | 本文通过对关键期限利率债进行Delay系数分析比较,来观察银行间债券市场在2013年监管综合治理前后的市场效率状况及变化,从而检验监管综合治理政策的有效性。研究显示,经过两年的综合治理,银行间债券市场效率已显著改善,通过健全完善债券市场交易机制,可以减少市场摩擦,提升市场效率。
|
关 键 词: | 银行间债券市场 市场效率 Delay系数 |
Research on the Efficiency of China's Inter Bank Bond Market |
| |
Abstract: | ?In?this?paper,?through?a?comparative?analysis?of?Delay?coefifcient?on?the?key?interest?rate,?to?observe?the?inter-bank?bond?market?in?the?condition?of?market?efifciency?before?and?after?comprehensive?management?and?supervision?in?2013,?thus?the?effectiveness?of?inspection?and?supervision?comprehensive?management?policy.?Study?shows?that?after?two?years?of?comprehensive?management,?the?inter-bank?bond?market?efifciency?has?been?signiifcantly?improved,?through?a?sound?and?perfect?the?bond?market?trading?mechanism,?you?can?reduce?market?friction,?improve?market?efifciency. |
| |
Keywords: | Inter Bank Bond Market Market Efifciency Delay Coefifcient |
本文献已被 万方数据 等数据库收录! |
|