Author(s)

Junyang Ma

Corresponding Author

Junyang Ma

ABSTRACT

This paper explores the relationship between China' s monetary policy and the stock market, and uses the VAR model to conduct empirical research. The research shows that there is a long-term co-integration relationship between monetary policy and stock price. gdp growth rate,inter-bank offered rate, m2 have a positive impact on stock price.

KEYWORDS

Monetary policy, stock market VAR model