摘要
中国股票市场自成立起,由于制度缺陷等方面的原因,一直具有波幅大,频率高的特点。试从制度经济学角度,阐述这一现象的本质原因在于政府的“隐性担保契约”,并就此提出相应的政策建议。
Since the stock market was set up in China, it has been characterized by great amplitude and high frequency because of the institutional defect. From the viewpoint of the institutional economics, this paper tries to explain that the essential reason of this phenomenon ascribe to the goyernment＇s recessive and warranted contract. The corresponding advices on this are put forward.
出处
《石家庄经济学院学报》
2006年第3期330-334,共5页
Journal of Shijiazhuang University of Economics
关键词
股市政策性波动
隐性担保契约
偏好
policy fluctuation of stook market
the recessive and warranted contract
preference
