跨市场金融风险的传递机制研究——基于美国次级贷款危机的分析  

Research on Transmission Mechanism of Cross-market Financial Risks--Based on the Subprime Loan Crisis of the United States

作　　者：郑庆寰[1] 

机构地区：[1]同济大学经济管理学院,上海200092

出　　处：《南方金融》2008年第3期5-9,共5页South China Finance

摘　　要：跨市场金融风险具有系统性、潜在性、复杂性等特征,它具有爆发后在不同金融市场之间迅速传递并难以控制的特点。本文从近期发生的美国次级抵押贷款危机入手,分析金融创新背景下跨市场金融风险产生、积累、传递的机制,这对我国央行实施审慎监管具有借鉴意义。Cross-market financial risks （CMFRs） have characteristics of systematicity, latency and complexity. Once breaking out, CMFRs will be transmitted into different financial markets and be out of control. Starting from the recent event of subprime loan crisis of the United States, this paper analyzes the mechanism of CMFRs＇ s formation, accumulation and transmission under the background of financial innovation, which can be used for reference to PBC＇ s implementation of prudential supervision.

关 键 词：跨市场金融风险 次级抵押贷款 金融监管 

分 类 号：F830.5[经济管理—金融学]