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新兴经济体金融发展能促进全球金融稳定吗?——对“资产短缺”假说的质疑 被引量:4

Can Financial Development in Emerging Markets Contribute to Global Financial Stability?—— Question on the “Asset Shortage ”Hypothesis
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摘要 "资产短缺"假说认为:新兴市场经济体的金融发展不足是全球一系列金融动荡的重要根源。本文的实证观察表明:"资产短缺"假说的分析框架是站不住脚的。笔者认为:"资产短缺"假说过于强调宏观实体经济对资产供需的影响,也忽视了金融发展过度的风险。对于如何应对与资产泡沫有密切关联的金融动荡,笔者建议:保持合理均衡的金融发展速度;采用反周期的金融监管手段;货币政策不应对资产价格做出直接反应。
作者 王凌云
出处 《学术界》 CSSCI 北大核心 2012年第12期111-119,277-279,共9页 Academics
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参考文献9

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共引文献3

同被引文献38

  • 1彭文生.安全资产荒与利率之锚[J].新金融评论,2020(1):68-85. 被引量:2
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