The paper constructs market confidence index and market activity index, and then analyzes the relations of these information variables and the volatility by dint of GARCH-M model.

在构建市场信心指数和市场活跃指数的基础上，借助于GARCH-M模型对市场的信息变量与波动性的关系进行研究。

youdao

Japan's Nikkei index gained almost four percent while shares in South Korea leapt over 4.5 percent as investor confidence returned to the markets driven on by a strong U.S. market recovery.

日本的日经指数上涨近4个百分点，韩国股市上涨4.5个百分点。美国股市强劲反弹也提振了亚洲投资人对市场的信心。

youdao

The Vacation Confidence Index survey was conducted for Access America by Ipsos Public Affairs, a global survey-based market research company.

度假信心指数调查由全球市场调研公司Ipsos Public Affairs为Access America进行。

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The Housing Market Index, measuring the confidence of home-builders, plunged to just 13 this month (on a scale of 1 to 100), a nine-month low.

FORBES: Too Soon To Buy The Dip In This Market

The Housing Market Index, which measures the confidence of home-builders, plunged to just 17 in June from an already low 22 in May.

FORBES: Double-Dip Dead Ahead

And the Housing Market Index, which measures the confidence of home-builders, declined to only 15 in March from an already dismal 17 in February.

FORBES: Market Unconcerned With Housing Reversal