迪拜債務(wù)危機:基于主權(quán)財富基金與流動性的解析
發(fā)布時間:2019-06-11 13:56
【摘要】:通過構(gòu)建風(fēng)險投資行為與流動性危機模型,對投資機構(gòu)的風(fēng)險投資行為及其與流動性危機的關(guān)系進行了解析。同時結(jié)合"類主權(quán)財富基金"的特殊性質(zhì),對迪拜債務(wù)危機進行了現(xiàn)實透視,可以發(fā)現(xiàn):投資機構(gòu)的風(fēng)險投資行為將導(dǎo)致社會風(fēng)險資產(chǎn)總體規(guī)模高于社會有效水平;債務(wù)危機是投資機構(gòu)非理性擴張的必然結(jié)果;迪拜"類主權(quán)財富基金"的特殊性質(zhì)是引發(fā)其債務(wù)危機的重要原因。
[Abstract]:By constructing the model of venture capital behavior and liquidity crisis, this paper analyzes the venture capital behavior of investment institutions and its relationship with liquidity crisis. At the same time, combined with the special nature of "sovereign wealth fund", this paper makes a realistic perspective on Dubai's debt crisis, and finds that the venture capital behavior of investment institutions will lead to the overall scale of social risk assets higher than the social effective level; The debt crisis is the inevitable result of irrational expansion of investment institutions, and the special nature of Dubai's "sovereign wealth fund" is an important cause of its debt crisis.
【作者單位】: 西安交通大學(xué)經(jīng)濟與金融學(xué)院;昆士蘭大學(xué)商學(xué)院;
【基金】:教育部“國際金融危機應(yīng)對研究”應(yīng)急課題(2009JYJR058)
【分類號】:F831
本文編號:2497238
[Abstract]:By constructing the model of venture capital behavior and liquidity crisis, this paper analyzes the venture capital behavior of investment institutions and its relationship with liquidity crisis. At the same time, combined with the special nature of "sovereign wealth fund", this paper makes a realistic perspective on Dubai's debt crisis, and finds that the venture capital behavior of investment institutions will lead to the overall scale of social risk assets higher than the social effective level; The debt crisis is the inevitable result of irrational expansion of investment institutions, and the special nature of Dubai's "sovereign wealth fund" is an important cause of its debt crisis.
【作者單位】: 西安交通大學(xué)經(jīng)濟與金融學(xué)院;昆士蘭大學(xué)商學(xué)院;
【基金】:教育部“國際金融危機應(yīng)對研究”應(yīng)急課題(2009JYJR058)
【分類號】:F831
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