金融阈值视角下的金融危机--从美国次贷危机看被漠视的金融临界点  

Financial Crisis from the Perspective of Financial Threshold—From the U.S.Sub-prime Mortgage Crisis to Observe the Ignored Financial Threshold

作　　者：白钦先[1] 主父海英[2,3] 

机构地区：[1]辽宁大学国际金融研究所 [2]辽宁大学 [3]山东科技大学经济管理系

出　　处：《财贸经济》2009年第9期59-64,共6页Finance & Trade Economics

基　　金：国家自然科学基金(70573042号);国家社科基金重点项目(07AJY014)的成果之一

摘　　要：此次美国金融危机是过度衍生和过度虚拟的金融资源危机,是全球经济金融发展的最大的不可持续,再次尖锐地考问虚拟经济与金融的本质及二者有无边界。金融必须尊重极限,仅用增长规模和财富聚敛作为衡量成功的惟一尺度,正破坏着珍贵的金融资源。通过生态阈值的警醒、逻辑斯蒂增长模型的提示,应该认识到金融发展和扩张同样有其不可逾越的金融阈值。面对人类贪婪而自负的挑战,次贷危机的爆发证实了金融临界点的客观存在性。沙堆实验、混沌论提供了理性认识金融阈值的科学方法,而确立正确的价值观是更为现实的道德标准。This financial crisis is a financial resources crisis that formed in excessive derivative and excessive virtual.It is also the largest un-sustainability of the global economic and financial development. This is another sharply interrogate about the essence of virtual economic and finance,whether to exist the border between the two.Finance needs to respect the limit,only use the size and growth in accumulated wealth as the only yardstick for measuring success,which is undermining the precious financial resources.By the alert of ecological threshold and the suggestions of logistic growth model,we recognize that financial development and expansion has its insurmountable financial threshold.Faced with the greedy and conceited challenge of human,the outbreak of the sub-prime crisis confirmed that the objective existence of financial threshold,sand experiment, chaos theory provides theoretical scientific methods to understand the financial threshold,and establishing the correct values is more realistic moral standards.

关 键 词：金融阈值 金融虚拟性 金融危机 

分 类 号：F831.59[经济管理—金融学]