Full-Text Search:
Home|About CNKI|User Service|中文
Add to Favorite Get Latest Update

The Causes for U.S. Sub-Prime Crisis:Bubble Economy

MA Yu(School of Economics,Shandong Institute of Business and Technology,Yantai 264005,China)  
The causes for U.S.sub-prime crisis is bubble economy,including real estate market bubble,financial asset bubble,credit and consumption bubble,and U.S.dollar bubble.The comparison of U.S.sub-prime crisis and Japanese financial crisis in 1990s shows that they share lots of commonness,such as real estate and financial bubble,loose monetary policy,suddenness of the outbreak,etc.For Chinese economy,U.S.sub-prime provides following revelation: to prevent excess liquidity,to resolve real estate bubble,to provide financial crisis warning and relief.
Download(CAJ format) Download(PDF format)
CAJViewer7.0 supports all the CNKI file formats; AdobeReader only supports the PDF format.
©CNKI All Rights Reserved