Chapter 1 Introduction
1.0 Introduction
1.1 Research Motivation
1.2 Objectives of the Research Study
1.3 Structure of the Book
1.4 Conclusion
Chapter 2 The Chinese Equity Market: Historical Development and Characteristics
2.0 Introduction
2.1 Historical Development
2.2 General Data on the Market
2.3 Summary and Conclusion
Chapter 3 Academic Literature on the Chinese Equity Market
3.0 Introduction
3.1 Equity Pricing Factors
3.2 Dynamic Linkages among Equity Markets
3.3 Efficient Market Hypothesis
3.4 Summary
Chapter 4 Equity Market Returns and Predictor Variables: Theoretical Explanations and Empirical Evidence
4.0 Introduction
4.1 Standard Dividend Discount Model
4.2 Relationships between Predictor Variables and Equity Returns
4.3 Model Instability
4.4 Summary
Chapter 5 Data and Methodology
5.0 Introduction
5.1 Data Description
5.2 Methodological Background on the Empirical Research Presented in Chapter 6
5.3 Methodological Background on the Empirical Research Presented in Chapter 7
5.4 Summary
Chapter 6 Equity Market Downturn Predictability and Model Instability
6.0 Introduction
6.1 Descriptive Statistics
6.2 Correlation Analysis: Excess Market Returns and Predictor Variables
6.3 Further Information on Correlation Analysis
6.4 Equity Market Downturn Predictability
6.5 Robustness Tests
6.6 Model Instability
6.7 Summary and Discussion
Chapter 7 Equity Market Return Predictability and Model Instability
7.0 Introduction
7.1 Descriptive Statistics
7.2 Prediction Models
7.3 Model Instability
7.4 Summary and Discussion
Chapter 8 Summary, Discussion and Conclusion
8.0 Introduction
8.1 Synopsis of Research Findings
8.2 Implications of Research Findings
8.3 Areas for Further Research
8.4 Concluding Remarks
