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股票市场泡沫的研究是当代经济学的前沿领域。股票市场的稳定健康发展关系到资本市场乃至国民经济的平稳可持续发展,其重要性不言而喻。本文介绍了几种度量中国股市泡沫的方法,并通过实证分析对近几年中国股市的泡沫程度进行了检验。
The research of stock market bubble is the frontier of contemporary economics. The steady and healthy development of the stock market has a bearing on the steady and sustainable development of the capital market and even the national economy. Its importance is self-evident. This article describes several ways to measure the Chinese stock market bubble and tests the extent of the bubble in China’s stock market in recent years through empirical analysis.