목차
1. 서 론
2. 자산시장의 버블(bubble)
1) 자산시장 버블의 정의
2) 자산시장의 구조변화(Cusum 검정결과)
3. 가계부문의 현황 및 부실화가능성
1) 가계부문의 현황
2) 가계부문의 부실화 가능성
3) 가계부채의 세가지 시나리오 분석
4. 디플레이션 상황에서의 정책선택 변화
5. 정책 대응방안 및 시사점
참고문헌
2. 자산시장의 버블(bubble)
1) 자산시장 버블의 정의
2) 자산시장의 구조변화(Cusum 검정결과)
3. 가계부문의 현황 및 부실화가능성
1) 가계부문의 현황
2) 가계부문의 부실화 가능성
3) 가계부채의 세가지 시나리오 분석
4. 디플레이션 상황에서의 정책선택 변화
5. 정책 대응방안 및 시사점
참고문헌
본문내용
으로 전개되고 있으므로 실물부문의 회복세가 관찰되는 시점에서 본격적 버블대책을 강구할 필요가 있는 것이다. 특히 위험요인에 민감한 앞으로의 자금흐름은 담보가치의 변화에 의존하므로 담보가치에 급격한 변화를 줄 수 있는 요인 중 통제 가능한 투기적 요인들에 대해서는 사전관리를 대폭 강화해야 할 것이다.
참고문헌
이충언, 우리나라 주식시장의 합리적 거품규모 추정, 금융학회지 제 4권 제2호, 47-168, 1999.
최희갑,“자산가격동향과 버블평가”, 삼성경제연구소 (2002)
Bernanke B. and M. Gertler, 2000, "Monetary Policy and Asset Price Volatility," in New Challenges for Monetary Policy, Federal Reserve Bank of Kansas City.
_______, 1995, "Inside the Black Box: The Credit Channel of Monetary Transmission Mechanism," Journal of Economic Perspectives 9, 2748.
Blanchard, Oliver J and Mark W. Watson “Bubbles, Rational Expectations,and Financial Markets”, Crises in the Economic and Financial Structure, 1982.
Borio, C., N. Kennedy, and S.D. Prowse, "Exploring Aggregate Asset Price Fluctuations Across Countries: Measurement, Determinants, and Monetary Policy mplications,"BIS, Economic Papers 40, 1994.
Carlstrom and Fuerst, 1997, "Agency costs, net worth, and business fluctuations: a computable general equilibrium analysis," American Economic Review 87, 893910.
Catao, L., and S.L. Rodriguez, "Banks and Monetary Shocks in Emerging Markets: How Far Can We Go with the Credit View," IMF Working paper 68, 2000.
Choi, G., Structural Changes and the Scope of Inflation Targeting in Korea, Federal Reserve Bank of San Francisco, Working Paper Series 2002, Forthcoming in International Economic Journal.
Christoffersen P. and T. Slok, "Do Asset Prices in Transition Countries Contain Information about Future Economic Activity?," IMF Working Paper 103, 2000.
Clarida, R., J. Gali, and M. Gertler, "The Science of Monetary Policy: A New Keynesian Perspective," Journal of Economic Literature, 16611707, 1999.
Goodhart, C. and B. Hofmann, "Asset Prices, Financial Conditions, and the Transmission of Monetary Policy," Conference Paper on Asset Prices, Exchange Rates and Monetary Policy, Stanford University 2001.
Hubbard, R.G., and A. Kashyap, "Internal Net Worth and the Investment Process: An Application to U.S. Agriculture," Journal of Political Economy 100:3, 506534, 1992.
Kashyap, A.K. and J.C. Stein, "The Impact of Monetary Policy on Bank Balance Sheets," Carnegie-Rochester Conference Series on Public Policy, 151195, 1995.
Kashyap, A.K., J.C. Stein, and D. Wilcox, "Monetary Policy and Credit Conditions: Evidence from the Composition of External Finance," American Economic Review 83, 7898, 1993.
Kindleberger, Charles P. “Manias, Panic and Crashes, New York ", Basic Books 1978.
McCallum, B.T. and E. Nelson, "An Optimizing IS-LM Specification for Monetary Policy and Business Cycle Analysis," Journal of Monetary Economics 43(3), 553578, 1999.
Michael D. Bordo and Olivier Jeanne, Boom-Bust in Asset Price, Economic Instability, and Monetary Policy, NBER, 2002
Peter M. Garber, Famous First Bubbles: The Fundamentals of Early Manias. Cambridge, MA: MIT Press, 2000.
Robert J. Shiller “Measuring Bubble Expectations and Investor Confidence”, National Bureau of Economic Research, 1999.
참고문헌
이충언, 우리나라 주식시장의 합리적 거품규모 추정, 금융학회지 제 4권 제2호, 47-168, 1999.
최희갑,“자산가격동향과 버블평가”, 삼성경제연구소 (2002)
Bernanke B. and M. Gertler, 2000, "Monetary Policy and Asset Price Volatility," in New Challenges for Monetary Policy, Federal Reserve Bank of Kansas City.
_______, 1995, "Inside the Black Box: The Credit Channel of Monetary Transmission Mechanism," Journal of Economic Perspectives 9, 2748.
Blanchard, Oliver J and Mark W. Watson “Bubbles, Rational Expectations,and Financial Markets”, Crises in the Economic and Financial Structure, 1982.
Borio, C., N. Kennedy, and S.D. Prowse, "Exploring Aggregate Asset Price Fluctuations Across Countries: Measurement, Determinants, and Monetary Policy mplications,"BIS, Economic Papers 40, 1994.
Carlstrom and Fuerst, 1997, "Agency costs, net worth, and business fluctuations: a computable general equilibrium analysis," American Economic Review 87, 893910.
Catao, L., and S.L. Rodriguez, "Banks and Monetary Shocks in Emerging Markets: How Far Can We Go with the Credit View," IMF Working paper 68, 2000.
Choi, G., Structural Changes and the Scope of Inflation Targeting in Korea, Federal Reserve Bank of San Francisco, Working Paper Series 2002, Forthcoming in International Economic Journal.
Christoffersen P. and T. Slok, "Do Asset Prices in Transition Countries Contain Information about Future Economic Activity?," IMF Working Paper 103, 2000.
Clarida, R., J. Gali, and M. Gertler, "The Science of Monetary Policy: A New Keynesian Perspective," Journal of Economic Literature, 16611707, 1999.
Goodhart, C. and B. Hofmann, "Asset Prices, Financial Conditions, and the Transmission of Monetary Policy," Conference Paper on Asset Prices, Exchange Rates and Monetary Policy, Stanford University 2001.
Hubbard, R.G., and A. Kashyap, "Internal Net Worth and the Investment Process: An Application to U.S. Agriculture," Journal of Political Economy 100:3, 506534, 1992.
Kashyap, A.K. and J.C. Stein, "The Impact of Monetary Policy on Bank Balance Sheets," Carnegie-Rochester Conference Series on Public Policy, 151195, 1995.
Kashyap, A.K., J.C. Stein, and D. Wilcox, "Monetary Policy and Credit Conditions: Evidence from the Composition of External Finance," American Economic Review 83, 7898, 1993.
Kindleberger, Charles P. “Manias, Panic and Crashes, New York ", Basic Books 1978.
McCallum, B.T. and E. Nelson, "An Optimizing IS-LM Specification for Monetary Policy and Business Cycle Analysis," Journal of Monetary Economics 43(3), 553578, 1999.
Michael D. Bordo and Olivier Jeanne, Boom-Bust in Asset Price, Economic Instability, and Monetary Policy, NBER, 2002
Peter M. Garber, Famous First Bubbles: The Fundamentals of Early Manias. Cambridge, MA: MIT Press, 2000.
Robert J. Shiller “Measuring Bubble Expectations and Investor Confidence”, National Bureau of Economic Research, 1999.
키워드
추천자료
금융환경변화에 따른 투자행동 및 투자성과 분석 -자산수준별 소비자를 대상으로 2000년과 19...
자산가격버블의 확산 및 붕괴 메커니즘과 통화정책의 효율적 관리
우리나라 고등교육시장의 경쟁구조 분석과 전문대학에 대한 평가
[보험산업]생명보험산업 시장의 현황과 문제점 및 대안
한국증권 회사의 경쟁구조와 수익구조 추이
파생상품 시장에 대한 이해
[국제금융]국제금융시장의 흐름, 국제금융시장에 대한 개관, 국제금융의 순기능과 역기능, 국...
한국의 지역금융시장과 지역경제에 관한 고찰
주식시장의 환경변화와 코스닥시장의 문제점 및 발전방향
[금융규제][금융정책][금융시장][금융산업][금융환경][금융서비스][금융개혁]금융규제의 정의...
[경쟁, 독점, 자연독점산업, 산업구조]경쟁과 독점, 경쟁과 자연독점산업, 경쟁과 산업구조, ...
[1990년대, 경제개혁, 한국산업, 금융시스템, 버블경제, 노동시장]1990년대의 경제개혁, 1990...
[부채][자산부채종합관리][ALM][부채구조][부채비율][부채상환][부채조달]자산부채종합관리(A...
세상읽기와논술2A>> 사회의 사회적 양극화 현상을 보여주는 여러 가지 통계들을 조사 정리후 ...