開放條件下中國資本市場泡沫的經(jīng)濟效應分析.pdf

1、哈爾濱工業(yè)大學碩士學位論文開放條件下中國資本市場泡沫的經(jīng)濟效應分析姓名：胡月秀申請學位級別：碩士專業(yè)：國際貿易學指導教師：鐘曉兵20050601墮壘堡三些奎蘭絲童蘭塑圭蘭堡塵三Abs仃actSincetheeightiesofthe20thcentury，theappearanceofthebubbleeconomyismoreandmorefrequentSuchdevelopedcountriesasJapan，USA，develo

2、pingcountiesasMexico，ThmlandandsuchcountriesasRussiawherethesystemisintransitionhaveexperiencedbubbleeconomysuccessivelyBecauseofourgovernment’Sgreateconomicabilitytoforeseeandcontrol，theeconomicbubbledidnotfinallydevelo

3、pintobubbleeconomyThecapitalmarketisthechiefplacetonaturalbubbleSayingfromthetheories，theeconomicbubbleistheinevitablebalancedoutcomeofineffectivegrowthofthedynamiceconomicIngeneral，theexistenceofthebubblecancontributeto

4、theimprovingofeconomicefficiencyatthistime，reducingtheexcessiveaccumulationofcapital，makingresourcesallocationtoattaintheParetoequilibriumAndcurrently，ourcountryisreallyonagrowthpathof’theinvaliddynamicstate”，butjustconv

5、erttoward”thevaliddynamicstate”Theopeningofthecapitalmarket，werebloatedthepressureoftheexteriorimpact，thepossibilityofOUI“bubbleeconomyemergencealsowillbeenlargedTherefore，itisnecessarilytosystematicallystudyrelevanttheo

6、riesofbubblesandthepathandmechanismsofthecapitalmarketsthatpromotetheeconomicgrowth，F(xiàn)mdouttheeconomiceffectofcapitalmarketbubbles。declarethebornmechanismofthebubbleeconomy，putforwardtheguardsmeasureagainstbubbleeconomyun

7、deropencondition。andconductourgovernmenttocontroleconomyefficiently，guardagainstthebubbleeconomywell，thisisexactlythemeaningplacetOselectedthisworkingTheexistingcapitalmarketofChinaisanexecutiveliberalcapitalmarket，obstr

8、uctingtheimpactoftheinternationalshortcapitalThecapitalmarketofChinalowersbargainexpensesandtradethecostthroughthemobilitysupport，riskdispersionandreducestheinformationdissymmetryandcompaniescontroletcthusincreasedthecap

9、italgathering，promotedthetechniquecreative，raisedtheresourcesallocationefficiencythenpromotetheeconomicgrowthDescribesbyblowingtheballoonmodeltheformationmechanismofthebubble，thevirtualcapitalisaballoon。theexpectationoft