我国资本市场风险状况与防范机制研究

Study on Risks and Preventing Mechanisms of China's Capital Market

通过一系列的比较分析,本文得出结论认为我国资本市场波动相对其他市场而言具有更高的频度和更大的幅度,且这种波动更具有系统性倾向。通过对导致我国资本市场系统性波动内源因素的探讨,提出了以明晰资本市场功能定位推动资本市场制度建设、对融资者和投资者进行系统教育推进资本市场理性化等五大具体防范机制。

Through a series of comparative analysis, we draw conclusions that the frequency and volatility of fluctuation in our capital market, which is more systemic, is higher than that of other capital markets. We discuss intrinsic causes that might induce the fluctuation, and establish five preventing mechanisms.