资产证券化及次贷危机关系的分析

发布时间：2018-05-11 17:45

本文选题：资产证券化 + 次贷危机　；参考：《四川师范大学》2014年硕士论文

【摘要】：2007年末，一场新的经济危机，也即次贷危机，，在美国突如其来地爆发了。当今世界，世界各国联系日益密切且各国的市场也更加开放，这场危机不仅引起了美国国内经济的衰退而且在全世界范围内引起了一轮经济的普遍倒退和恐慌。人们在审视此次次贷危机时，对资产证券化这项金融创新也从不同角度和层面对其进行认识。资产证券化与次贷危机的关系如何，如何在以后的经济中更好地利用这项金融工具，如何在以后的经济发展过程中规避和防范金融危机。在此背景下，对资产证券化和次贷危机关系的分析研究显得更加有意义。本文分五章来分析和研究资产证券化与次贷危机的关系。第一章主要介绍了研究和意义及研究所采用的方法等，并对现有的资产证券化和次贷危机的理论进行了阐述。第二章讲述了资产证券化与次贷危机的基本理论，并重点介绍了明斯基的金融不稳定论。第三章论述了资产证券化现状及其风险收益分析，并在其中对比了我国与美国资产证券化市场的不同发展阶段及现状。第四章在金融不稳定论的基础上论述了资产证券化与次贷危机的关系。首先给出次贷危机的五个发展阶段，并通过分析得出资产证券化是次贷危机中风险的累积和传导的路径载体，并进一步指出美国家庭收入差距过大引起中低收入家庭的过度消费导致的美国家庭收入和债务的不对等，这种经济的内在不稳定才是此次次贷危机的根源。第五章主要论述对我国资产证券化市场发展的启示。本章在介绍发展我国资产证券化市场必要性的基础上，提出发展和完善我国资产证券化市场的体系、制度以及抵御风险的能力。
[Abstract]:At the end of 2007, a new economic crisis, that is, the subprime crisis, broke out suddenly in the United States. Today, the world has become increasingly close and the markets of all countries are more open. This crisis not only caused the recession in the United States, but also caused a general recession and panic in the whole world. When examining the subprime crisis, the financial innovation of asset securitization is also understood from different angles and layers. How is the relationship between asset securitization and the subprime crisis, how to make better use of this financial tool in the future economy and how to avoid and guard against the financial crisis in the process of future economic development. Next, it is more meaningful to analyze the relationship between asset securitization and subprime mortgage crisis.
This article is divided into five chapters to analyze and study the relationship between asset securitization and the subprime crisis. The first chapter mainly introduces the research and significance and the methods used in the research, and expounds the existing theory of asset securitization and the subprime crisis. The second chapter describes the basic theory of asset securitization and subprime crisis, and focuses on the introduction of the basic theory. The third chapter discusses the current situation of asset securitization and its risk income analysis, and compares the different stages of development and status in the market between China and the American asset securitization. The fourth chapter discusses the relationship between asset securitization and subprime crisis on the basis of the theory of financial instability. First, the subprime crisis is given. The five development stage, and through the analysis that asset securitization is the path carrier of the accumulation and transmission of the risk in the subprime crisis, and further points out that the excessive household income gap in the United States causes the unequal family income and debt caused by the excessive consumption of the middle and low income families, which is the internal instability of the subprime mortgage. The root of the crisis. The fifth chapter mainly discusses the enlightenment to the development of China's asset securitization market. On the basis of introducing the necessity of developing China's securitization market, this chapter puts forward the system of developing and perfecting our country's asset securitization market, the system and the ability to resist the risk.

【学位授予单位】：四川师范大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F831.5;F832.5

【参考文献】