开放经济条件下国际金融市场间的传染效应讲义.docVIP

目录 1绪论 1.1研究背景和研究意义 1.2国内外研究现状评述 1.2.1金融互动、传染定义评述 1.2.2金融危机传染机制评述 1.3本文的研究思路和研究内容 1.4本文的创新点 2国际金融危机传染效应的理论基础分析 2.1金融危机国际传染的定义 2.2金融危机国际传染的特征 2.2.1传染渠道的多样性 2.2.2传染机制的复杂性 2.2.3传染速度的快捷性 2.2.4传染范围的广泛性 2.3金融危机传染的根源 2.3.1“全球化说” 2.3.2“金融市场内在不稳定性说” 2.3.3微观基础说 3国际金融危机传染机制分析 3.1金融危机传染机制概述 3.2宏观传染机制 3.2.1贸易传染渠道 3.2.2宏观金融传染机制 3.2.3货币（美元）贬值传染途径 3.3微观传染机制 3.3.1流动性传染机制 3.3.2“多米诺骨牌”传染渠道 3.3.3预期传染渠道 3.3.4资产负债表传染渠道 3.3.5季风效应传染机金融市场间传染效应的实证分析 Abstract At the background of economic globalization and financial integration, financial crisis is becoming more frequent, The impact of this to the world economy is growing.Financial derivatives of constant innovation and the high correlation between financial markets causes infection of financial crisis between different financial market. Since the 1990s, 10 times of financial crisis happened in the worldwide. They all have the same characteristics: These financial crisis has strong infectious, especially Americas subprime crisis. The financial crisis of infectious mainly refers to the outbreak of a financial crisis at fantastic speeds spread to neighboring countries or regions, then forms the regional crisis. With the world economy globalization and the deepening of financial integration, financial contagion of damaging effect isbiggerr and wider,it can even result in one country s regime instability and unrest.Therefore, how to effectively deal with the financial crisis of transmission is the general problems international community needs to face. Began in Americas subprime crisis broke out in August 2007, the financial turmoil rapid transfer to all corners of the earth, raising the world financial crisis. Economic globalization for financial crisis infection has provided an objective conditions for financial crisis sphere of influence spread to all fields, such as monetary market, capital market, bond market and financial derivatives markets, and other financial markets. China as emerging economi