摘要
信贷资金入市的途径相当复杂。相对宽裕资金面,近乎无风险套利空间的存在,完整利益链条的形成,为信贷资金通过各种途径入市奠定了坚实的逻辑基础。信贷资金大规模入市,催生资产价格泡沫,其持续性是值得怀疑的。经济一旦反弹受阻,或银行利率短期大幅上升,导致人们的预期发生改变,资本市场泡沫必然破裂。
It is fairly complex for the way of credit capital to enter into the market.The formation of a perfect benefit chain provides a solid logical basis for the credit capital to enter into the market.A large number of credit capital's entering into the market will cause the forming of asset price bubble,and its sustainability is doubtable.
出处
《现代财经(天津财经大学学报)》
CSSCI
北大核心
2010年第4期45-49,53,共6页
Modern Finance and Economics:Journal of Tianjin University of Finance and Economics
关键词
信贷资金
资产价格
路径
机理
Credit Capital
Asset Price
Path
Mechanism