An Analysis to the Hierarchy of Financial Debt: Based on the Pyramid of Financial Liabilities
- DOI
- 10.2991/icmess-18.2018.213How to use a DOI?
- Keywords
- The hierarchy of money; The pyramid of financial liabilities; Non-bank financial institutions; "Fictitious" liquidity
- Abstract
In recent years, with the endless appearance of various financial innovations in our country, the bubble of monetary assets has become seriously and the risk exists in non-bank financial institution has become a hot area of research. While the existing research focuses on the different types of risks, and the debt risks created by different financial institutions are rarely involved. According to these conditions, this paper studied the different views of Post-Keynesian about banks and other financial institutions based on the pyramid of financial liabilities, and to analyze the hierarchies of financial debts created by different bodies, especially banks and non-bank, in the pyramid of financial liabilities, and to provide some targeted policy comments for strengthening the regulation of different financial debt risk in China.
- Copyright
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Saisai Zhang PY - 2018/06 DA - 2018/06 TI - An Analysis to the Hierarchy of Financial Debt: Based on the Pyramid of Financial Liabilities BT - Proceedings of the 2018 2nd International Conference on Management, Education and Social Science (ICMESS 2018) PB - Atlantis Press SP - 960 EP - 963 SN - 2352-5398 UR - https://doi.org/10.2991/icmess-18.2018.213 DO - 10.2991/icmess-18.2018.213 ID - Zhang2018/06 ER -