国债市场有效性的初步探讨  

作　　者：李贤平[1] 江明波[1] 刘七生[1] 

机构地区：[1]复旦大学管理学

出　　处：《统计研究》2000年第7期32-38,共7页Statistical Research

摘　　要：Aiming at the feature of state treasury bonds price that it mainly depends on its interest rate and maturity date,this article studies the efficiency of bonds market from the reaction of its price to the cut\|down of interest rate by central bank with the event study method.And indicates that the current market is not a semi\|strong form of efficient market,although its efficiency is being improved continuously.Aiming at the feature of state treasury bonds price that it mainly depends on its interest rate and maturity date,this article studies the efficiency of bonds market from the reaction of its price to the cut\|down of interest rate by central bank with the event study method.And indicates that the current market is not a semi\|strong form of efficient market,although its efficiency is being improved continuously.

关 键 词：市场有效性 国债市场 国债价格 变化趋势 中国 

分 类 号：F832.5[经济管理—金融学] F830.9