精品文档---下载后可任意编辑中国与西欧画家股票市场与房地产市场非线性之因果关系的开题报告Title: “Nonlinear Causal Relationship between Stock and Real Estate Markets of Chinese and Western European Painters”Introduction:Artists have always been an important source of wealth and cultural heritage. This research aims to investigate the non-linear causal relationship between the stock and real estate markets of Chinese and Western European painters. The study considers whether the investment choices of painters are influenced by stock and real estate market trends, and how these trends affect the painting industry.Research Objectives:1. To identify the nature of the causal relationship between the stock and real estate markets for Chinese and Western European painters.2. To investigate how trends in stock and real estate markets influence the investment choices of painters.3. To examine the impact of stock and real estate market trends on the painting industry in China and Western Europe.Methodology:The study will use daily stock and real estate indices data for China and Western Europe from 2024 to 2024. Painters' investments in these markets will be considered as a dependent variable, while real estate and stock market indices will be used as independent variables. The Granger Causality test and the Vector Autoregressive (VAR) model will be used to investigate the causal relationship between the variables.Expected Results:The research is expected to show a causal relationship between stock and real estate investments of painters in China and Western Europe, and how this relationship is non-linear. It is also expected that the trend in real estate markets will have a stronger impact on painters from China compared to Western 精品文档---下载后可任意编辑Europe. These results can help financial investors and policymakers to understand how stock and real estate markets affect the painting industry and provide guidance for future market investment decisions.Conclusion:This research presents a unique analysis of the non-linear causal relationship between stock and real estate markets of Chinese and Western European painters. The study aims to provide insights into how trends in the stock and real estate markets affect the art world and how artists make investment choices. This research can contribute to the development of financial management of museums, galleries, and private collectors.
