金融危机加深 美元反常变化

• 作 者: 程实 宋玮
• 机 构: 中国工商银行城市金融研究所,
• 出 处: 中国城市金融
• 发表日期: 2008年12期
• 关键词: 金融危机 信贷紧缩 萧条期 雷曼 石油危机 道琼斯指数 大中企业 衰退阶段 名义有效汇率 实际有效汇率

2008年9月中旬雷曼兄弟申请破产引发次贷危机剧烈恶化以来,美国金融领域的危机程度不断加深,表现为信贷紧缩严重、股市大幅下跌和汇率反常变化。截至2008年11月,作为金融危机的次贷危机已经接近、甚至超过大萧条以来几次主要危机,但尚未充分显现大萧条期间的危机特征。

Since mid-September 2008, when Lehman Brothers filed for bankruptcy and caused a sharp deterioration in the subprime mortgage crisis, the crisis in the United States has been deepening in the financial field as a result of the severe credit crunch, the stock market plummeted and the abnormal exchange rate changes. As of November 2008, the subprime crisis as a financial crisis has approached or exceeded several major crises since the Great Depression, but the crisis characteristics during the Great Depression have not yet been fully demonstrated.