迪拜債務(wù)危機(jī):基于主權(quán)財(cái)富基金與流動(dòng)性的解析
發(fā)布時(shí)間:2019-06-11 13:56
【摘要】:通過(guò)構(gòu)建風(fēng)險(xiǎn)投資行為與流動(dòng)性危機(jī)模型,對(duì)投資機(jī)構(gòu)的風(fēng)險(xiǎn)投資行為及其與流動(dòng)性危機(jī)的關(guān)系進(jìn)行了解析。同時(shí)結(jié)合"類主權(quán)財(cái)富基金"的特殊性質(zhì),對(duì)迪拜債務(wù)危機(jī)進(jìn)行了現(xiàn)實(shí)透視,可以發(fā)現(xiàn):投資機(jī)構(gòu)的風(fēng)險(xiǎn)投資行為將導(dǎo)致社會(huì)風(fēng)險(xiǎn)資產(chǎn)總體規(guī)模高于社會(huì)有效水平;債務(wù)危機(jī)是投資機(jī)構(gòu)非理性擴(kuò)張的必然結(jié)果;迪拜"類主權(quán)財(cái)富基金"的特殊性質(zhì)是引發(fā)其債務(wù)危機(jī)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(jì)與金融學(xué)院;昆士蘭大學(xué)商學(xué)院;
【基金】:教育部“國(guó)際金融危機(jī)應(yīng)對(duì)研究”應(yīng)急課題(2009JYJR058)
【分類號(hào)】:F831
本文編號(hào):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(jì)與金融學(xué)院;昆士蘭大學(xué)商學(xué)院;
【基金】:教育部“國(guó)際金融危機(jī)應(yīng)對(duì)研究”應(yīng)急課題(2009JYJR058)
【分類號(hào)】:F831
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