The Premium Effect of Asset Prices to Residence Bank Deposits in China
YANG Ling-ling1, SUN Hai-xia2
(1.School of Economics and Management, Yunnan Normal University， Kunming 650500，China；School of Economics, Fudan University，Shanghai 200433，China；2.China Financial Futures Exchange，Shanghai 200122，China)
Abstract The paper tests the premium Effect from the asset price to residence bank deposits with the Vector Error Correction Model in China’ stock and real estate markets. It is proposed the measures be strengthened in such fields as products innovation, governmental regulation and market system reform in domestic financial sector, so as to magnify the positive performance of the asset premium effect.
2013, Vol. 1 
