Analysis on Real Contagion Mechanism of Financial Crisis

摘要：

Recently the financial crisis triggered by the U.S. subprime mortgage crisis, has been conducted from credit market to capital market, from financial market to real economy, and has caused great damage to the global economy. In order to explore and block the route for crisiss further spread in real economy, this paper applies systematic method to analyze the real contagion mechanism of financial crisis, and works out such influencing factors as competitive effect, income effect, effect of cheap imports and competitive devaluation effect, and concludes that real contagion is possible to be controlled.

关键词： Financial Crisis Contagion Effect Real Contagion Mechanism

作者: Xu Yanli Wang Lixiang Zhao Chenguang

作者单位: School of Management, Harbin Normal University, Harbin, Heilongjiang, 150025, China

会议类型: 国际会议

会议名称: 2010 International Conference on Intelligent Computation Technology and Automation(2010 智能计算技术与自动化国际会议 ICICTA 2010)

会议地点: 长沙

会议语种:英文

页码: 702-705

在线出版日期: 2010-05-11（万方平台首次上网日期，不代表论文的发表时间）