摘要
通过构建风险投资行为与流动性危机模型,对投资机构的风险投资行为及其与流动性危机的关系进行了解析。同时结合"类主权财富基金"的特殊性质,对迪拜债务危机进行了现实透视,可以发现:投资机构的风险投资行为将导致社会风险资产总体规模高于社会有效水平;债务危机是投资机构非理性扩张的必然结果;迪拜"类主权财富基金"的特殊性质是引发其债务危机的重要原因。
we analyze the activities of investment and it＇ s relation between liquidity crisis by design ＂activities of in- vestment institutions and liquidity crisis＂ model. We take into account the debt factor in the model aim at Dubai debt crisis. And then, research the Dubai debt crisis based on the Dubai World＇ s specialty of ＂sub-sovereign wealth funds＂. The conclusions are ： the activities of investment institutions will induce the scale of investment exceed the efficient quan- tity as a whole; Dubai debt crisis is the result of investment institutions＇ expandability ; The Dubai World＇ s specialty of ＂sovereign wealth funds＂ is important cause of Dubai debt crisis.
出处
《西安交通大学学报（社会科学版）》
CSSCI
北大核心
2010年第2期60-64,共5页
Journal of Xi'an Jiaotong University：Social Sciences
基金
教育部"国际金融危机应对研究"应急课题(2009JYJR058)
