The efficient Market Hypothesis divided the stock market into three parts： weak-form efficiency, semi-strong-form efficiency, and strong-form efficiency. There are so many scholars have conducted researches on whethe...The efficient Market Hypothesis divided the stock market into three parts： weak-form efficiency, semi-strong-form efficiency, and strong-form efficiency. There are so many scholars have conducted researches on whether China＇ s stock market has reached weak-form efficiency. The author of this literature review summaries the results of these researches and makes a systematic induction. This article attempts to show the achievements of these researches and ~ive readers new ideas about how to improve China＇ s stock market efficiency.展开更多
The nonlinear two-point boundary value problem(TPBVP)is converted to a new form of the problem including integral terms.Then the combination of weak-form integral equation method(WFIEM)and special functions create a r...The nonlinear two-point boundary value problem(TPBVP)is converted to a new form of the problem including integral terms.Then the combination of weak-form integral equation method(WFIEM)and special functions create a robust and applicable numerical scheme to solve the problem.To display the accuracy of our method,some examples are investigated.Also,the fractional Boussinesq-like equation involving the β-derivative has been considered that describes the propagation of small amplitude long capillary-gravity waves on the surface of shallow water.展开更多
本文采取Hong and Lee(2005)的广义谱方法,对沪深两市的大盘指数进行检验。为适合转轨经济体的新兴市场特点,结合了滚动技术,动态的检验股市有效性的变化,并比较在不同时间窗宽下的滚动检验结果。研究表明,股市自建立初期经历重大动荡后...本文采取Hong and Lee(2005)的广义谱方法,对沪深两市的大盘指数进行检验。为适合转轨经济体的新兴市场特点,结合了滚动技术,动态的检验股市有效性的变化,并比较在不同时间窗宽下的滚动检验结果。研究表明,股市自建立初期经历重大动荡后,市场有效性的显著性逐渐增加,金融危机前,市场有效性的显著性降低,金融危机后,市场有效性又开始上升。同时,如果取较短的时间窗宽,市场在大部分时间段内弱式有效,随着样本时间窗口长度的增加,市场趋于拒绝弱式有效性。展开更多
文摘The efficient Market Hypothesis divided the stock market into three parts： weak-form efficiency, semi-strong-form efficiency, and strong-form efficiency. There are so many scholars have conducted researches on whether China＇ s stock market has reached weak-form efficiency. The author of this literature review summaries the results of these researches and makes a systematic induction. This article attempts to show the achievements of these researches and ~ive readers new ideas about how to improve China＇ s stock market efficiency.
文摘The nonlinear two-point boundary value problem(TPBVP)is converted to a new form of the problem including integral terms.Then the combination of weak-form integral equation method(WFIEM)and special functions create a robust and applicable numerical scheme to solve the problem.To display the accuracy of our method,some examples are investigated.Also,the fractional Boussinesq-like equation involving the β-derivative has been considered that describes the propagation of small amplitude long capillary-gravity waves on the surface of shallow water.
文摘本文采取Hong and Lee(2005)的广义谱方法,对沪深两市的大盘指数进行检验。为适合转轨经济体的新兴市场特点,结合了滚动技术,动态的检验股市有效性的变化,并比较在不同时间窗宽下的滚动检验结果。研究表明,股市自建立初期经历重大动荡后,市场有效性的显著性逐渐增加,金融危机前,市场有效性的显著性降低,金融危机后,市场有效性又开始上升。同时,如果取较短的时间窗宽,市场在大部分时间段内弱式有效,随着样本时间窗口长度的增加,市场趋于拒绝弱式有效性。
