2003Journal of Gansu Education CollegeRequires access

Analysis of Wealth Effect of Chinese Stock Market

Xiao Liu-yi

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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.

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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.

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Available 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.

Key concepts: Wealth effect, Stock market, Economics, Stock (firearms), National wealth, Financial economics, Monetary economics, Wealth elasticity of demand

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