J4 ›› 2010, Vol. 9 ›› Issue (1): 27-29.

• 经济社会发展 • 上一篇    下一篇

美国的金融政治化与次贷危机

  

  1. 中央财经大学,北京 100081
  • 收稿日期:2009-11-04 出版日期:2010-01-15 发布日期:2010-01-15
  • 作者简介:李强,副研究员,博士,加州大学伯克利分校访问学者,主要从事金融制度变迁研究.

The Politic Analysis of Financial Crisis of America

  1. Central University of Finance and Economics, Beijing 100081, China
  • Received:2009-11-04 Online:2010-01-15 Published:2010-01-15

摘要:

美国次贷危机一个重要的形成因素就是金融市场的政治化。在政府的政治诉求下,美国的金融机构将次级抵押贷款与
“居者有其屋”等政治理想捆绑在一起,既成功逃避了监管机构的风险评估和监管,更导致了金融市场资源配置机制的扭曲,最终成为金融危机的一个基础性原因。

关键词: 金融政治化, 次贷危机, &ldquo, 两房&rdquo

Abstract:

One of formative factor of the sub-prime mortgage crisis in America is the politicization of the financial markets. In the
government's political aspirations, the United States financial institutions bundled sub-prime mortgages with "Home Ownership" and other political ideals, not only successfully avoided the risk assessment and regulatory supervision of financial markets, also led to the allocation of resources mechanism of distortion and ultimately become a fundamental reason of this crisis.

Key words: Politicization of the financial mackets, sub-prime mortgage, Fannie Mae and Freddie Mac

中图分类号: