%0 Journal Article
%T An Analysis of the Effect of the Declining Interest Rate on the Bond Market<br>国债市场的降息效应分析
%A CHEN Jun-ze
%A YANG Liu-yong
%A <br>陈军泽
%A 杨柳勇
%J 浙江大学学报(人文社会科学版)
%D 2000
%I 
%X By using event Study, we find that the declining of interest rate will increase the price of bond remarkably, and that the getting of information by different investors is unfair, and that the price of bond will not overreact obviously except reacting in advance, so the bond market in China isn't an efficient one.
%K interest rate
%K the bond market
%K event window<br>利率
%K 国债市场
%K 事件窗口
%U http://www.alljournals.cn/get_abstract_url.aspx?pcid=01BA20E8BA813E1924CB483152CA50D4FC5BD3CBB47B847F&cid=585D04A2453D8AD5DDFFE8BE5B16E24C&jid=D60DCFE5A8F7BD187924CADC70161E70&aid=8102D39E311597B60065BD3C16C0ED07&yid=9806D0D4EAA9BED3&vid=340AC2BF8E7AB4FD&iid=38B194292C032A66&sid=E44E40A2398D4F2A&journal_id=1008-942X&journal_name=浙江大学学报(人文社会科学版)&referenced_num=2&reference_num=0