我国资产价格上涨的成因探析

• 作 者: 刘刚
• 机 构: 广东商学院金融学院,
• 出 处: 中国物价
• 发表日期: 2008年02期
• 关键词: 流动性过剩 股票价格 房地产价格 成因探析 国际资本 概念炒作 市盈率 境外直接投资 国际短期资本 上证指数

近年来,我国以房地产和股票为代表的资产价格急剧上涨,引起了全社会的广泛关注。本文以全球流动性过剩为视角,认为资金太多才是我国此次资产价格暴涨的实质。因此,当务之急是在“公开、公平和公正”原则下对资产价格进行正常蒸发,同时,谨防短期国际资本借概念炒作继续抬高资产价格。

In recent years, the price of assets represented by real estate and stock in our country has risen sharply, arousing widespread concern in the whole society. In this paper, the global excess liquidity perspective, that too much money is the essence of China’s soaring asset prices. Therefore, it is imperative to evade the normal price of assets under the principle of “openness, fairness and fairness” and to guard against short-term international capital raising the prices of assets through conceptual speculation.