论文-翻译 仇玉霞.docVIP

Empirical analysis of GARCH models in stock market 1 Introduction In recent years, the stock market has become the topic of Academia, policy-making departments and even the National People talked about. After 22 years of development, Chinas stock market is growing more mature and perfect. Till the end of 2011, there has been the 2381 listed companies (including Shanghai 928home, Shenzhen, 1453), the market value of 16.4921 trillion Yuan. Chinas gross domestic product (GDP) in 2011 reached 47.1564 trillion Yuan, therefore, 2011, Chinas total stock market capitalization accounted for 34.97% of