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:“NonlinearCausalRelationshipbetweenStockandRealEstateMarketsofChineseandWesternEuropeanPainters”Introduction:Artistshavealwaysbeenanimportantsourceofwealthandculturalheritage.Thisresearchaimstoinvestigatethenon-linearcausalrelationshipbetweenthestockandrealestatemarketsofChineseandWesternEuropeanpainters.Thestudyconsiderswhethertheinvestmentchoicesofpaintersareinfluencedbystockandrealestatemarkettrends,andhowthesetrendsaffectthepaintingindustry.ResearchObjectives:1.ToidentifythenatureofthecausalrelationshipbetweenthestockandrealestatemarketsforChineseandWesternEuropeanpainters.2.Toinvestigatehowtrendsinstockandrealestatemarketsinfluencetheinvestmentchoicesofpainters.3.ToexaminetheimpactofstockandrealestatemarkettrendsonthepaintingindustryinChinaandWesternEurope.Methodology:ThestudywillusedailystockandrealestateindicesdataforChinaandWesternEuropefrom2010to2020.Painters'investmentsinthesemarketswillbeconsideredasadependentvariable,whilerealestateandstockmarketindiceswillbeusedasindependentvariables.TheGrangerCausalitytestandtheVectorAutoregressive(VAR)modelwillbeusedtoinvestigatethecausalrelationshipbetweenthevariables.ExpectedResults:TheresearchisexpectedtoshowacausalrelationshipbetweenstockandrealestateinvestmentsofpaintersinChinaandWesternEurope,andhowthisrelationshipisnon-linear.ItisalsoexpectedthatthetrendinrealestatemarketswillhaveastrongerimpactonpaintersfromChinacomparedtoWesternEurope.Theseresultscanhelpfinancialinvestorsandpolicymakerstounderstandhowstockandrealestatemarketsaffectthepaintingindustryandprovideguidanceforfuturemarketinvestmentdecisions.Conclusion:Thisresearchpresentsauniqueanalysisofthenon-linearcausalrelationshipbetweenstockandrealestatemarketsofChineseandWesternEuropeanpainters.Thestudyaimstoprovideinsightsintohowtrendsinthestockandrealestatemarketsaffecttheartworldandhowartistsmakeinvestmentchoices.Thisresearchcancontributetothedevelopmentoffinancialmanagementofmuseums,galleries,andprivatecol