本文選題：投資時鐘 + 經濟周期��； 參考：《上海交通大學》2014年碩士論文

【摘要】：本文以美林投資時鐘作為理論框架，探討了該理論在中國資本市場進行大類資產配置的應用研究。 文章首先介紹了經濟周期與大類資產配置的關系，，重點闡述了在該領域最為重要的投資時鐘理論。在描述各大類資產的特性后，以投資時鐘為理論基礎，選取符合中國特色的經濟指標劃分了2000年至2013年這一時間跨度內經濟周期的各個階段，重點研究了在我國經濟周期各階段與大類資產報酬率的關系，同時與美林時鐘的結論進行對比，總結我國經濟周期輪動下的大類資產配置規(guī)律，并對該理論在我國的適用性進行探討和研究。
[Abstract]:Taking Merrill Lynch investment clock as the theoretical framework, this paper discusses the application of the theory to the allocation of large types of assets in China's capital market. This paper first introduces the relationship between the economic cycle and the allocation of large types of assets, focusing on the most important investment clock theory in this field. After describing the characteristics of various types of assets, based on the investment clock theory, the economic indicators with Chinese characteristics are selected to divide the various stages of the business cycle in the period from 2000 to 2013. This paper focuses on the relationship between the various stages of the economic cycle in China and the return on assets of large categories, and compares with the conclusion of Merrill Lynch clock, and summarizes the law of asset allocation of large categories under the cycle of China's economic cycle. And the applicability of the theory in China is discussed and studied.
【學位授予單位】：上海交通大學
【學位級別】：碩士
【學位授予年份】：2014
【分類號】：F832.5

【參考文獻】

相關期刊論文 前3條

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2 蘇民;逯宇鐸;;經濟周期視角下的資產輪動模式[J];金融理論與實踐;2011年01期

3 張子能;董必焰;;投資時鐘在我國資本市場的實踐探索[J];經濟視角(上);2012年05期

本文編號：1920458