Stock market sentiment and the draining of China's savings deposits

被引：9

作者：

Burdekin, Richard C. K. ^{[1
]}

Redfern, Luke ^{[1
]}

机构：

[1] Claremont Mckenna Coll, Claremont, CA 91711 USA

来源：

ECONOMICS LETTERS | 2009年 / 102卷 / 01期

关键词：

China; Savings deposits; Share prices; Sentiment; Shanghai;

D O I：

10.1016/j.econlet.2008.10.007

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This letter examines the importance of sentiment effects on asset allocation decisions in mainland China. While liquidity matters too. we find that rising stock market sentiment exerted a statistically significant negative effect on Chinese time deposit growth during 2003-2007. (C) 2008 Elsevier B.V. All rights reserved.

引用

页码：27 / 29

页数：3

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[3]

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[7]

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[8]

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