货币错配与经济金融稳定：来自亚太地区的经验  

Currency Mismatch and Financial Stability:Experience from the Asian-Pacific Region

作　　者：叶文娱[1] 

机构地区：[1]厦门大学,厦门361000

出　　处：《亚太经济》2011年第2期26-31,共6页Asia-Pacific Economic Review

基　　金：国家自然科学基金项目“基于行为金融理论的人民币汇率及央行干预策略研究”(项目批准号:70873098)

摘　　要：中国的汇率制度改革使得在钉住汇率制度下积聚的巨大货币错配风险逐渐暴露出来。货币错配是否会影响经济金融稳定,通过对亚洲金融危机、日本经济衰退以及本世纪以来亚洲新兴市场国家累积的新风险进行梳理、比较与分析,认为净外币负债型货币错配与净外币资产型货币错配在一定条件下都会影响经济金融稳定。With China＇s exchange rate system reform,huge currency mismatch risk accumulated under the peg system has exposed gradually.Whether Currency mismatch would affect the economic and financial stability or not,this paper try to find the answer through comparing and analyzing the Asian financial crisis,Japan recession and Asian emerging market countries new risk since the 21st century.The conclusion is that net foreign currency debt mismatch and net foreign currency assets mismatch in certain conditions will affect the financial stability.

关 键 词：货币错配 金融稳定 亚太经验 

分 类 号：F831[经济管理—金融学]