calendar effect meaning in Chinese

日困应

2 . the paper studies calendar effects of the sample , such as periodicity and long memory 。 so we use the flexible fourier form regression proves and filters the periodic components 。 and use ghp method to estimate the fractional integration d
用对数周期图法( gph )检验和估计序列长记忆行为。最后对去周期的收益序列建立了garch和egarch模型,较理想的拟合了价格的波动。
This paper ' s theoretical innovation shows on these aspects hereinafter : ( 1 ) it does a general and deeply research and analysis on the " calendar effects " of chinese securities market , sums up monthly effect season ' s effect half year ' s effect a week ' s effect and such calendar effects with clear characters . it summarizes low - price - stock effect small corporations effect and bad - achievement - stock effect in chinese securities market
本文的理论创新主要体现在以下几方面： ( 1 )对我国证券市场存在的日历效应进行全面深入的研究与分析，总结出月度效应、季度效应、半年度效应、周内效应等具有明显特征的日历效应：总结出我国具有明显的低价股效应、小公司效应以及绩差股效应等。