Interactive relationship between the price of China weighted stock index、crude oil and gold:from Sep

来源 :中国数量经济学会 | 被引量 : 0次 | 上传用户:starylove
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  The research tries to utilize many time series methodologies to discuss the interactive relationship between the price of China weighted stock index、crude oil and gold from Sep,1996 to Jan,2006.Use the Bierenss nonparametric cointegration test to find there exists a long run stable equilibrium relationship between the chosen variables.And from the Granger causality test,several findings are to be noted.
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