摘要
分析了我国场外交易市场定价存在的价格非市场化、存货成本高、市场规模与价格市场化形成机制不匹配等问题。在借鉴发达场外交易市场的基础上,根据我国实际情况选择存货模型作为理论基础,构建了我国场外交易市场的定价模型,提出了相应的配套的条件。
This paper analyzes the problems of China's over-the-counter market such as non-market prices,the expensive cost of stock,the market size does not match the market-oriented price mechanism and so on.Based on the reference of developed over-the-counter markets,we choose stock model as theoretical foundation according to the realities in China,then construct China's OTC market's pricing model,and finally put forward the corresponding supporting conditions.
出处
《经济问题》
CSSCI
北大核心
2012年第4期95-99,共5页
On Economic Problems
关键词
场外交易市场
定价机制
存货模型
over-the-counter market
pricing mechanisms
stock model
作者简介
魏海丽(1983-),女,天津人,天津财经大学经济学院博士研究生,天津商业大学宝德学院讲师,主要研究方向为国际金融、金融市场。