Analysis of Wealth Effect of Chinese Stock Market
Xiao Liu-yi
Abstract
Xiao Liu-yi
Abstract
This paper analyzes the wealth effect of Chinese stock market through the element analyzing method after comprehensively summarizing the theory of wealth effect.We draw a conclusion that the wealth effect is very weak and put forward that we should not quickly establish the monetary policy through the stock market channel on the basis of the wealth effect of stock market.
A significance statement is not available in the OpenAlex record.
A contribution statement is not available in the OpenAlex record.
Method details are not available in the OpenAlex metadata.
Findings are not separately available in the OpenAlex metadata.
Limitations are not available in the OpenAlex metadata.
Application details are not available in the OpenAlex metadata.
This paper analyzes the wealth effect of Chinese stock market through the element analyzing method after comprehensively summarizing the theory of wealth effect.We draw a conclusion that the wealth effect is very weak and put forward that we should not quickly establish the monetary policy through the stock market channel on the basis of the wealth effect of stock market.
Key concepts: Wealth effect, Stock market, Economics, Stock (firearms), National wealth, Financial economics, Monetary economics, Wealth elasticity of demand