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信贷资金进入股票市场分析 被引量:1

An Analysis of the Credit Capital Flowing into Stock Market
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摘要 利用2005-01-2010-04分部门和分期限信贷数据,对2009年信贷资金流入和流出股票市场金额进行估算。结果表明:①2009年股市涉及的信贷资金量1.7-2.0万亿元;②2009年流入股市的新增信贷资金规模2100-3300亿元,其中,住户部门新增信贷净流出324.17亿元,企业部门新增信贷净流入股市2434.54亿元;③从信贷期限看,主要是中长期信贷流入股市,约3280.45亿元。 Using monthly data from different departments and from credits with different terms,ranging from January 2005 to April 2010,we estimate the amount of credit capital that flows into stock market.The results show that:First,the amount of credit capital flowing into stock market is RMB1700-2000 billion;Second,there is about RMB210-330 billion additional credit capital flowing into stock market,the net inflow of creidit capital in household department is negative RMB32.42 billion;the net inflow of credit capital in enterprise department is about RMB243.45 billion;Third,from the term of the credit capital,it is mainly medium-or long-term credit capital flowing into stock market,which was about RMB328 billion.
出处 《系统管理学报》 CSSCI 北大核心 2011年第5期606-612,共7页 Journal of Systems & Management
关键词 信贷资金 上证综合指数 CHOW检验 credit shanghai stock composite index chow test
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