| 基于预期的货币政策调控与金融危机防范 |
| |
| 引用本文： | 崔长峰,刘海龙.基于预期的货币政策调控与金融危机防范[J].财经科学,2009(4). |
| |
| 作者姓名： | 崔长峰 刘海龙 |
| |
| 作者单位： | 1. 上海交通大学安秦经济与管理学院,上海,200030
2. 上海交通大学安泰经济与管理学院,上海,200030 |
| |
| 摘 要： | 资本的虚拟性,使得金融市场的参与者对资产价值的评估高度依赖于由信息形成的预期.预期的变化容易引起资产价格大幅度的波动.由于金融市场的联动性,单一市场泡沫的形成和破裂可能引发金融体系的全面震荡,爆发金融危机.基于此,本文强调了预期在金融危机爆发和扩散中的关键地位,以及利用货币政策引导预期的重要性.
|
| 关 键 词： | 预期 金融危机 货币政策 资本虚拟性 |
Monetary Policy Adjustment and Financial Crisis Avoidance:Based on Expectancy |
| |
| Cui Changfeng,Liu Hailong.Monetary Policy Adjustment and Financial Crisis Avoidance:Based on Expectancy[J].Finance and Economics,2009(4). |
| |
| Authors: | Cui Changfeng Liu Hailong |
| |
| Institution: | Cui Changfeng1 Liu Hailong2 |
| |
| Abstract: | The bubble of asset price can always be related with financial crisis. As the virtuality of capital,the valuation of assets always rely on the anticipation of various parameters.Examining the relationship between the bubble of asset price and the virtuality of capital,financial cirsis and bubble bursts,this paper explains the pivotal role the anticipation plays in the arising of financial crisis.Finally,the emprical results show that the monetary policy in China can effectively affect the market anticipatio... |
| |
| Keywords: | Expectancy financial Cirsis Monetary Policy Virtuality of Capital |
| 本文献已被 CNKI 万方数据 等数据库收录！ |
|
