摘要
通过探讨信用繁荣与崩溃问题,来解答以下几个疑问:如何界定信贷繁荣?信贷繁荣是如何产生的?信贷繁荣在什么情况下会崩溃,又在什么情况下会持续?在抑制信贷增长或纾缓相关风险时,不同的政策作用会如何,什么样的政策选择才是最佳的应对路径?
This paper address both of these issues by exploring several questions about past credit booms and busts: how to define a credit boom? What triggers the credit booms? When do credit booms end up in busts, and when do they not? What is the role of different policies in curbing credit growth and/or mitigating the associated risks? What is the optimal policy response to credit booms?
出处
《金融市场研究》
2013年第3期109-120,共12页
Financial Market Research
关键词
信贷繁荣
金融危机
宏观审慎
credit boom, financial crisis, macro prudence
