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Research And Application Of Synergetics In Financial Theory

Posted on:2014-02-28Degree:MasterType:Thesis
Country:ChinaCandidate:Y J ChenFull Text:PDF
GTID:2230330398453282Subject:Finance
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Modern Financial Theory is mainly based on the Efficient Market Hhypothesisand the Capital Asset Pricing Model, assumptions that people are rational, describesthe economic and financial phenomena in linear paradigm study. Financial marketsgradually run independently from the economy, more and more financial phenomenacan’t use modern financial theory to a reasonable explanation. At the same time, thesystem of scientific theory gradually develop and improve as a general methodology.It is the new direction for Financial Theory to use the Systems Science theoryexpounded in the nonlinear paradigm down financial phenomenon. This thesiscombines Collaborate Learning Theory to Financial Theory, analysises China’seconomic growth rate and the unemployment rate in cointegration, and finally givesreasonable suggestions.This thesis is divided into a total of four parts. The first part is the introduction,this part introduces the research background and significance of topic, the use ofresearch methods, the main research content, frames and innovation. The second partis the original of cointegration theoretical study between economic growth and theunemployment rate. It describes the generation of Collaborative Learning, andintroduces the basic principles of Collaborative Learning. The third part analyzes thesituation of the financial theory in cointegration, mainly describes the condition ofusing the co-integration method and the cooperative phenomena in the FinancialTheory, including the coordination of economic and financial theory phenomenacollaborative research object. And finally describes main content of the NonlinearThreshold Cointegration—threshold cointegration. The fourth part takes the Positiveanalysis to describe the economic growth and unemployment cointegration studies,uses the Nonlinear Threshold Cointegration mode to introduce financial theory study.And then use this model for analysis the relationship between China’s economicgrowth rate and the unemployment rate in the threshold cointegration. There are two innovations in this paper: First, the nonlinear thresholdcointegration model is used to introduce the Financial Theory, the cooperativelearning methods is used to study the Financial System. Second, use nonlinearthreshold cointegration model for China’s economic growth rate and unemploymentempirical analysis and draw conclusions.
Keywords/Search Tags:Synergy Theory, System Science, Finance Theory, Nonlinear Threshold Cointegration
PDF Full Text Request
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