股市投机泡沫:理论模型、检验与度量方法研究

投机泡沫是导致泡沫经济并引发经济危机的重要根源,而不断扩大的股市泡沫则预示着泡沫经济的到来。投机泡沫的度量方法包括股价指数的上涨时间、上涨速度和换手率、股票市场的相对成长性估值类方法和Q比率方法。但是这些方法对经济发展及社会的经济环境不能全面地考虑。应构造建立在股票内在价值基础上的检验方法,运用相对估计指标对泡沫进行全面的度量,从而提高泡沫检验的准确度和对股票价值检验及预测的实际应用能力。

The Stock Market Speculative Bubbles:Theoretical Model,Inspection and Measure Methods Research

Bubble is the important root leading to the bubble economy and producing economic crisis,and constantly expansile bubble then foretold the coming of the bubble economy.The measurement method of the speculative bubbles include rising time,rising velocity and turnover rate of the share price index,the relative growth valuations methods of stock market and Q ratio method.But these methods can't fully consider the economic development and social economic environment.We should be set up the inspection method on ...