关键词: 结构性资产泡沫, 货币超发, 泡沫经济生成机理, 统计监测体系

Abstract: According to the difference between the real economy and the virtual economic, also combining the current credit system and the essential characteristics of capital, the structural characteristics of asset bubbles , the formation mechanism and accumulation effect are demonstrated theoretically in the context of monetary excess. At the same time, the statistical monitoring system and early warning model of structural asset bubbles are constructed by using the corresponding statistical analysis techniques. On this basis, as an example of the real estate and stock assets, Shanghai second-hand housing market price index and Shanghai Composite Index as sample, makes an empirical test on the results of theoretical analysis. On the basis of the results of the empirical analysis on China's current stock assets and Shanghai’s real estate, the model of statistical monitoring and early warning has been analyzed. Finally, in view of the outstanding problems in the current structural asset bubbles in China, the corresponding policy recommendations are put forward.

Key words: Structural Asset Bubbles, Excess Money, Formation Mechanism of Bubble Economy, Statistical Monitoring System