财富效应

股票市场传导货币政策的财富效应与Q效应分析

An Analysis of Wealth Effect and Q Effect for Transmiting Monetary Policy in Stock Market

中国ABS市场表现与财富效应实证研究

An Empirical Study on Performance of ABS in China and Its Wealth Effect on Equity

基于传记特征的CEO继任财富效应研究

The Wealth Effects of CEO Succession Based on the Demographic Characteristics

资本市场的扭曲使得货币政策难以产生Q效应、财富效应和流动性效应；

Absence of some effects as Q effect , wealth effect for the twist in capital markets ;

基于ECM模型的基金财富效应实证研究

Empirical Study on the Wealth Effects of Fund Based on ECM Model

而房地产作为我国国民经济的支柱产业，与经济的增长的关联性很大。银行信贷对房地产价格的影响可以通过托宾q效应和财富效应传导给实体经济。

While real estate is the pillar industry of national economy , it can affect the economy significantly through Tobin ' q effect and wealth effect .

从财富效应、财务状况以及MBO与公司绩效等几方面对其进行实证检验。

We carry on essence researches to MBO of china list company at wealth effectiveness , financial affairs and shares of managers .

通过建立ECM模型，研究了中国居民证券资产和住房资产的财富效应。

In this paper we studied the wealth effects of the households ' stock assets and housing assets in china through ECM model .

在更普遍的意义上，我们会在所谓的财富效应中看到这一过程：资本利得的创造，促进支出和GDP，而资本损失则会减少支出。

We see this process more generally in the so-called wealth effect , where the creation of capital gains augments spending and gross domestic product , whereas capital losses lower spending .

其中第三章分析了资产价格波动对消费的影响，这就是我们称之为财富效应（Wealtheffect）的渠道。

First , in chapter 3 , we study the effect of asset prices changes on consumption , which is what we called wealth effect channel ; Second , in chapter 4 , we analyse the influence of asset prices fluctuates on investment .

如果把一些其它较为重要的因素，如汇率风险、通胀风险、财富效应纳入trick模型，该模型就能得到进一步的完善。

If we add some important factors , such as exchange rate risk , inflation risk , and treasure effect into this model , the model can get further perfect .

但由于我国股票市场仍存在诸多问题，财富效应和Q效应均不显著，货币政策通过股票市场传导效率较低。

However , both wealth effect and Q effect in China 's stock market are not notable because there are many problems in the market such as low efficiency of stock market to transmit monetary policy .

股市的变动反映实体经济的变动，同时它的变化又对实体经济产生影响，影响效应主要有Q值效应、非对称信息效应、财富效应以及流动性效应等。

The fluctuation of stock market reflects the change of real economy and affects the latter at the same time . The effects mainly include the Q effect , asymmetric information effect , fortune effect and the liquidity effect etc.

货币政策通过股票市场传导的渠道有：托宾的q理论、财富效应渠道、非对称信息效应渠道、流动性效应渠道和狭义股票市场渠道。

The monetary policy 's channels , which are transmitted by the stock market , include Tobin 's Q theory , wealth effect channel , asymmetric information effect channel ? liquidity effect channel and narrow sense stock market channel .

指出股价与房价之间存在长期的协整关系，股价是房价的Granger原因，股价先于房价波动可用财富效应来解释。

Stock prices and house prices exists in relation of long-term and Cointegration , stock prices is the Granger reason , fluctuations in stock prices before property prices can be explained for the wealth effect .

其中重点分析了股票市场价格变动对投资需求产生影响的托宾q效应和对消费需求发生作用的财富效应。

As important part , the text has analyzed Tobin 's Q effect , manifesting how stock market price change have an effect to investment demand , and the wealth effect , showing how stock market price change have an effect to consumption demand .

进一步利用VAR模型研究利率和贷款对住房价格和股票价格的影响，贷款对住房价格有显著的正向影响，利率对住房价格有显著的负向影响，股票对住房有微弱的财富效应。

VAR model for further study of interest rate channel and credit channel , credit has a significant positive impact on the housing price , interest rate has a significant negative effect on housing price and stock has weak wealth effect on housing .

股票市场传导货币政策是通过托宾q值效应、财富效应、流动性效应和非对称信息效应发挥作用。

The channel of the monetary policy though stock market includes the following items : the Q theory of James Tobin , the channel of the wealth effect , the channel of the circulation effect and the channel of unsymmetrical information effect . Information collection and using ;

房价波动会通过托宾q效应、财富效应、资产负债表效应、预期效应等机制对经济增长产生影响；反之，经济增长会带来居民收入上升、城市化和工业化加快等，进而影响房价的波动。

The price fluctuations effect the economic growth through Tobin q effect , wealth effect , the effect of the balance sheet and the expected effect . Conversely , economic growth will come with income rise , urbanization and industrialization , and have an impact of price fluctuation .

第三，运用OLS、ADF检验、Johansen协整检验等现代计量经济方法，从财富效应、投资效应和信贷传导渠道有效性三个方面分析我国虚拟经济发展对货币政策传导机制的效应。

Thirdly , we analyze the monetary policy transmission mechanism effects of fictitious economy development from the wealth effect , investment effect and credit transmission channel effect by OLS , ADF test and Johansen cointegration test methods .

第二，财富效应的源泉是什么。

The second , what is the source of wealth effects ?

上市公司兼并与收购的财富效应

Study on Wealth Effects of M & A of Listed Companies

多元化是企业财富效应中最令人迷惑的现象之一。

The wealth effect of corporate diversification is a big puzzle .

股票市场财富效应论争及原因探析

Wealth Effect in Stock Market : the Controversies and the Causes

现阶段房地产市场财富效应的研究进展及趋势

Progress and Trend of the Research of the Housing Wealth Effect

中国资产价格财富效应的比较与检验

The Comparison and Test on Wealth Effects of Asset Prices in China

无论是财富效应，还是文化效应，二者又都具有两面性。

Both the wealthy effect and the cultural effect have dual characters .

二是股票市场的财富效应；

Second , the wealth effect of the stock market ;

股权分置改革后我国股票市场财富效应研究

Wealth Effect of Share Market after Reform of Non-tradable Shares

住宅商品房的价格具有负的财富效应。

Residential real estate assets have a negative wealth effect .