摘要
2007-09国际金融危机发生范围如此之大,肇因于金融机构之间盘根错节的关联交易。作为个体的金融机构总是想方设法把风险转嫁出去,但是系统性风险无法转移。本研究试图从纷繁复杂的金融风险传递链条中拎出几条主线,以厘清2007-09国际金融危机信用风险的传递路径,即两个市场传递:从信贷市场向资本市场转移;两条路径传递:纵向转移与横向转移。
The influence of the 2007-09 international financial crisis range is so large due to the complicated and connected transaction among financial institutions.As the individual financial institution, it always try its best to take the risk away from itself, but systematic risk can not be transferred.This paper attempts to pull out several main lines from complex financial risk transfer chains so as to clarify transfer path of credit risk in the 2007-09 international fi-nancial crisis,that is,two market shifts from credit market to capital market transfer,and two path transfers:lateral transfer and vertical transfer.
出处
《晋阳学刊》
CSSCI
2012年第5期48-55,共8页
Academic Journal of Jinyang
基金
2012年度国家社会科学基金资助项目:西方主权债务危机的当代特质性研究(12CJL044)阶段性成果
关键词
信用风险
横向转移
纵向转移
Credit risk
Lateral transfer
Vertical transfer