投资者情绪、内在价值估计与证券价格波动——市场情绪指数假说

被引:19
作者
丁志国
苏治
机构
[1] 吉林大学数量经济研究中心
[2] 吉林大学商学院
关键词
投资者; 内在价值; 存在价值; 证券; 情绪指数; 价值估计; 价格波动;
D O I
10.19744/j.cnki.11-1235/f.2005.02.015
中图分类号
F830.91 [证券市场]; F224 [经济数学方法];
学科分类号
0701 ; 070104 ;
摘要
引用
收藏
页码:143 / 145
页数:3
相关论文
共 11 条
[1]  
Prospect theory:analysis of decision under risk. Kahneman D,Tversky A. Econometrica . 1979
[2]  
Valuation ratios and the long-run stock market outlook. Campbell,J,Shiller,R. Journal of Portfolio Management . 1998
[3]  
On the impossibility of informationally efficient markets. Grossman S J, Stiglitz J E. The American Economist . 1980
[4]  
Smart money, noise trading, and stock price behavior. Campbell, J.Y,A.S Kyle. The Review of Economic Studies . 1993
[5]  
On the psychology of prediction. Kahneman D,Tversky A. Psychological Review . 1973
[6]  
N oise Trader R iskin Finance M arket. D e Long,J Bradford,A ndrei Shleifer,LawrenceH Sum m ers,and R obert W aldm an. Journal of Political Econom y . 1990
[7]  
Efficient Capital Markets:Ⅱ. Fama E. The Journal of Finance . 1991
[8]  
Noise. Black F. The Journal of Finance . 1986
[9]  
Fallacy of the Long-normal Approximation to Optimal Portfolio Decision-making Over Many Periods. MERTON,SAMUELSON. Journal of Financial Eco-nomics . 1974
[10]  
The Case for Flexible Exchange Rates. Friedman,M. Essays in Positive Economics . 1953