l academic approach and research technique, and promoted by Journal of Financial Research, F-iРnancial Case Study ( FCS) has been increasingly applied to various academic activities on economics and finance, andРwhich so far has resulted in great improvements on both theory innovation and policy- making process1Aiming at theРmutual combination of theories, policies and practice, FCS essentially focuses attention on seeking the stylized factsРfrom various and complex economic and financial phenomenon and on trying to explain the whys1Under the back-Рground of China. s transitional economy, the FCS should perceive the special characteristics of the stylized facts1РKey words: case study, stylized facts, financial researchРР ( 责任编辑: 郭建华) ( 校对: GH)
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