The Analysis of Financial Market Failure

DOI

10.2991/msie-15.2015.13How to use a DOI?

Keywords

financial market; market failure; financial regulation.

Abstract

Based on the rapid development of financial globalization, the inefficiency of financial market is becoming more and more influential to economy development. This paper uses financial market theory and the new classical economic theory to analysis the performance and the causes of financial market failure, summarizes that the characteristics of public articles, information asymmetry and the negative externality of financial system are the main causes of financial market failure. And the government should make full use of market mechanism, combining the government regulation and the market discipline to solve the market failure effectively.

Copyright

© 2015, 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/).

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TY  - CONF
AU  - Weijia Zhang
PY  - 2015/11
DA  - 2015/11
TI  - The Analysis of Financial Market Failure
BT  - Proceedings of the 2015 International Conference on Management Science and Innovative Education
PB  - Atlantis Press
SP  - 58
EP  - 61
SN  - 2352-5398
UR  - https://doi.org/10.2991/msie-15.2015.13
DO  - 10.2991/msie-15.2015.13
ID  - Zhang2015/11
ER  -