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- W2362076334 abstract "This article is based on market microstructure theory. We introduce the MDH(Mixture Distribution Hypothesis) and take an empirical test on the pricevolume relation in the Chinese stock market by adding heterogeneous volume in the GARCHM model as a information flow, which results in a more convinced interpretation of the pricevolume relation and a weakening ARCH effect in the stock market. In addition, the result of our work can also support that the volume is a interpretation of the persistence of the volatility of the stock market." @default.
- W2362076334 created "2016-06-24" @default.
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- W2362076334 date "2003-01-01" @default.
- W2362076334 modified "2023-09-24" @default.
- W2362076334 title "The Price Volume Relation: An Empirical Test Based on Mixture Distribution Hypothesis" @default.
- W2362076334 hasPublicationYear "2003" @default.
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