金融危机、财政注资与市场波动  

Financial Crisis,Budget Injection and Market Volatility

作　　者：骆振心[1] 

机构地区：[1]北京大学经济研究所,北京100871

出　　处：《金融理论与实践》2011年第10期3-6,共4页Financial Theory and Practice

摘　　要：本文通过运用GARCH模型和事件研究方法分析美国政府财政注资在金融危机中的作用。研究表明,在金融危机中,财政注资能有效地稳定市场情绪和抑制金融市场波动。据此,本文为我国健全财政注资机制,完善金融安全网指明了方向。This paper investigates the function of the budget injection of USA in the financial crisis by GARCH model and event study, the study demonstrates that budget injection can stabilize the market emotions and the market volatility efficiently, based on the conclusion, the author show the direction for budget injection mechanism and financial safety net in our country.

关 键 词：金融危机 财政注资 市场情绪 金融安全网 

分 类 号：F830[经济管理—金融学]