Stock market bubbles are the important factor to induct the bubble economy and the continuously inflating stock market bubbles are an omen to the bubble economy.

• 因而分析股市泡沫的成因以及动态演变过程，研究股市泡沫对经济的影响，对防范和化解金融风险，防止金融危机，维护金融安全，保持股市和经济的健康发展都有着十分重要的意义。