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 人参与  2022-10-31 16:05:52  分类 : 论文知识  点这评论  作者:团论文网  来源:https://www.tuanlunwen.com/
page148(缁忔祹涓庨噾铻嶈鏂?

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page148

缁忔祹涓庨噾铻嶈鏂?/h4>

page148

page148

1銆侊拷锟斤拷锟? Financial Analyst Journal锟斤拷CFA Institute锟斤拷锟斤拷锟阶ㄒ碉拷诳锟斤拷锟斤拷锟斤拷锟饺拷锟酵讹拷使锟斤拷锟揭碉拷锟绞碉拷锟紺FA锟斤拷员锟斤拷锟斤拷锟斤拷巡锟斤拷摹锟?/p>

2銆侊拷锟斤拷锟紺apital Market Liberalization and Investment Efficiency: Evidence from China Liao Peng, Liguang Zhang, and Wanyi Chen

3銆侊拷锟斤拷锟斤拷锟斤拷锟斤拷锟揭黄拷锟斤拷锟叫в︼拷锟斤拷锟绞抵わ拷芯锟斤拷锟斤拷模锟斤拷锟揭拷锟斤拷锟剿拷夭锟斤拷模锟酵从癸拷司投锟斤拷效锟绞的角讹拷锟斤拷锟斤拷锟斤拷锟斤拷通锟斤拷锟竭碉拷影锟届,锟斤拷通锟斤拷锟斤拷锟斤拷匹锟戒法锟斤拷HeckOOn锟斤拷锟阶讹拷模锟酵斤拷锟斤拷锟饺斤拷锟皆硷拷锟介。

4銆侊拷锟斤拷锟斤拷锟斤拷芯锟斤拷锟斤拷饪达拷锟斤拷时锟斤拷谐锟斤拷锟斤拷锟斤拷枪锟斤拷锟斤拷锟揭伙拷指锟剿斤拷锟斤拷饪拷诺锟斤拷锟揭拷锟缴诧拷锟街o拷锟斤拷要锟皆诧拷锟皆讹拷锟斤拷锟斤拷锟揭癸拷锟绞憋拷锟叫筹拷锟斤拷锟斤拷目前锟斤拷要锟斤拷锟斤拷锟剿凤拷锟斤拷锟斤拷锟绞股阶段o拷B锟缴o拷锟斤拷锟斤拷锟津OO阶段o拷QFII锟斤拷QDII锟斤拷RQFII锟斤拷锟斤拷双锟津OO阶段o拷锟斤拷锟斤拷通锟斤拷锟斤拷锟酵拷突锟斤拷锟酵拷锟斤拷锟斤拷锟斤拷谢锟斤拷锟酵拷贫锟斤拷锟斤拷锟教憋拷式锟斤拷锟斤拷要锟斤拷铩Hワ拷锟?2锟斤拷锟斤拷锟诫经锟矫癸拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷水平锟斤拷锟解开锟脚o拷锟狡讹拷锟狡讹拷锟酵匡拷锟脚★拷锟斤拷锟皆革拷水平锟斤拷锟脚促斤拷锟斤拷锟轿OO、锟狡讹拷锟斤拷锟斤拷锟斤拷锟斤拷展锟斤拷锟斤拷去锟斤拷12锟铰碉拷证锟斤拷岬澄拷锟斤拷锟斤拷螅┗锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷2022锟斤拷锟绞憋拷锟叫筹拷锟斤拷展锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟街晃拷锟饺拷锟斤拷罨拷时锟斤拷谐锟斤拷母锟拷拧锟斤拷锟皆わ拷锟轿达拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷时锟斤拷谐锟斤拷锟斤拷糯锟绞╋拷某锟教拷锟斤拷锟斤拷锟斤拷时锟斤拷谐锟斤拷目锟斤拷哦冉锟斤拷锟斤拷锟斤拷锟竭o拷锟斤拷锟斤拷锟矫地凤拷锟斤拷锟斤拷实锟藉经锟矫★拷

缁忔祹涓庨噾铻嶈鏂?/></p><h3>缁忔祹涓庨噾铻嶈鏂?/h3><p>1銆佷互涓嬫枃绔犱腑锛屾枃瀛楅鑹叉樉绀轰负绾㈣壊鐨勯兘鍖呮嫭鍦ㄥ唴锛氣枲Amihud,Y.,andH.Mendelson(1986),AssetPricingandtheBid-AskSpread,JournalofFinancialEconomics17,223-24鈻燘rown,DandR.H.Jennings(1989)OnTechnicalAnalysis,ReviewofFinancialStuOOOs2,527-55鈻燛asley,DandM.OHara(1987),Price,TradeSize,andInforOOtioninSecuritiesMarkets,JournalofFinancialEconomics19,69-90.鈻燛asley,D.,N.Kiefer,andM.OHara(1997),OneDayintheLifeofaVeryCommonStock,ReviewofFinancialStuOOOs10,805-83鈻燝rundy,B.andM.McNichols(1989)TradeandRevelationonInforOOtionthroughPricesandDirectDisclosure,ReviewofFinancialStuOOOs2,495-52鈻燱ang,J.(1993),AModelofIntertemporalAssetPricesUnderAsymmetricInforOOtion,ReviewofEconomicStuOOOs60,249-28鈻燗llen,F.andGorton(1993),ChurningBubbles,ReviewofEconomicStuOOOs60,813-83鈻燗llenandGale(2000),BubblesandCrises,EconomicJournal110,236-25Allen,MorrisandPostlewaite(1993),FiniteBubbleswithShortSaleConstraintsand鈻燭irole,J.锛?985锛?Assetbubblesandoverlappinggenerations,Econometrica,53(6):1499-158鈻燙onstantinides,G.,1986,CapitalOOrketequilibriumwithtransactioncosts,JournalofPoliticalEconomy,94,842-6鈻燝rossOOn,S.andM.Miller,1988,LiquidityandOOrketstructure,JournalofFinance,43,617-3鈻燞olmstrom,B.,andJ.Tirole,2001,LAPM:Aliquidity-basedassetpricingmodel,JournalofFinance,56,1837-186鈻燗dOOti,A.(1985),ANoisyRationalEOOectationsEquilibriumforMulti-AssetSecuritiesMarkets,Econometrica53,629-65鈻燚iOOondandVerrecchia(1991),Disclosure,Liquidity,andtheCostofCapital,JournalofFinance46,1325-135鈻燝rundy,B.andM.McNichols,(1989),TradeandRevelationofInforOOtionthroughPricesandDirectDisclosure,ReviewofFinancialStuOOOs2,495-52鈻燞ellwig,F.(1980),OntheAggregationofInforOOtionincompetitiveMarkets,JournalofEconomicTheory22,477-49鈻燤erton,RobertC.,1987,AOOOOOOmodelofcapitalOOrketequilibriumwithincompleteinforOOtion,JournalofFinance42,483-5鈻燤ilgrom,P.andN.Stokey(1982),InforOOtion,TradeandCommonKOOOledge,JournalofEconomicTheory26,17-2鈻燰errecchia,R.(1982),InforOOtionAcquisitioninaNoisyRationalEOOectationsEconomy,Econometrica50,1415-1430.鈻燞arrisonandKreps(1978),SpeculativeinvestorbehaviorinastockOOrketwithheterogeneouseOOectations,QuarterlyJournalofEconomics92,323-33鈻燤iller(1977),Risk,Uncertainty,andDivergenceofOpinion,JournalofFinance32,1151-116鈻燚eLong,Shleifer,Summers,andWaldOOn(1991),TheSurvivalofNoiseTradersinFinancialMarkets,JournalofBusiness64,1-1鈻燬hleifer,A.andR.Vishny(1997),TheLimitsofArbitrage,JournalofFinance52,35-5鈻燗llen,F.andD.Gale(1992),Stock-priceOOnipulation,ReviewofFinancialStuOOOs4,443-48</p>        <div class=

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