截止至2005年底，中国封闭式基金有54家，总份额为816.97亿份，资产净值为822.11亿元，开放式基金有164家，总份额为3897.86亿份，资产净值为3869.05亿元，随着开放式基金的迅速发展，对于包括羊群行为在内的我国证券投资基金投资行为的研究显得尤为重要，特别是开放式基金。本文首先通过对54家封闭式基金跨度为11个季度和41家开放式基金跨度为9个季度的所有期间数据样本，运用LSV方法和简单模型法进行实证研究，发现在样本期内，我国证券投资基金在整体上存在显著的羊群行为，并且封闭式基金较开放式基金更为显著。本文进一步对开放式基金样本数据根据所属行业、股票价格、股票规模、股票回报率、股...Until Dec.2005, China have had 54 close-ended funds, which had 822.11 hundred million market value and 164 open-ended funds, which had 3869.05 hundred million market value. As the rapid development of China open-ended funds, it is particularly important to focus on the investment behaviors, including herding behavior of China mutual funds, especially to analyze the situation of open-ended funds in...学位：经济学硕士院系专业：经济学院财政金融系_金融学(含保险学)学号：20034204
