公司金融中介理论综述  

The Review of Financial Intermediation Theory:What about the Sub-prime Mortgage Crisis in the Future

作　　者：黄旭平[1] 

机构地区：[1]广东外语外贸大学国际商务英语学院,广东广州510420

出　　处：《国际经贸探索》2009年第3期45-50,共6页International Economics and Trade Research

基　　金：国家自然科学基金<文化资本;企业家精神与经济增长>(70672016)阶段性成果;广东外语外贸大学引进人才基金资助

摘　　要：公司金融中介行为指公司销售商品,同时允许买者在未来的一个时期延期付款的经济现象。公司金融中介理论包含:金融优势论;降低交易成本论和质量保证论。公司金融中介行为的货币交易中介功能可能弱化货币政策的有效性。高度依赖于公司金融中介行为的国家存在较高的产出增长率,这主要来自于现存的企业增长,而不是公司数目的增长。次贷危机下公司金融中介存在放大和缩小危机机制。公司金融中介危机是次贷危机的衍生发展,为此,政府应该直接向相关公司提供信用担保。A financial intermediary company sells products which allow the buyer to repay in the next period. This paper reviews the theories of financial intermediation： including financial advantage theory, transaction cost reduction theory and quality guarantee theory. Company financial intermediaries＇ conduct may weaken the effect of monetary policy. The countries that are highly dependent on the behavior of financial intermediation grow more rapidly in output, which stems mainly from the growth of existing companies rather than the increasing number of companies. Financial intermediaries can expand and lower the risk of sub-prime mortgage crisis. Therefore, the government is suggested to directly provide credit guarantees to the financial intermediary companies.

关 键 词：公司金融中介 货币政策 经济增长 

分 类 号：F832.39[经济管理—金融学]