金融体系结构、金融效率与金融稳定  

Financial Structure, Financial Efficiency and Financial Stability

作　　者：陈雨露[1] 马勇[2] 

机构地区：[1]中国人民大学 [2]中国人民大学国际货币研究所

出　　处：《金融监管研究》2013年第5期1-21,共21页Financial Regulation Research

基　　金：国家社会科学基金重大项目"完善金融宏观调控体系研究"(12&ZD089);国家自然科学基金项目"宏观审慎政策体系与实施方案研究"(71150003)的资助

摘　　要：在一国金融体系结构市场化的演进过程中,金融体系的效率和稳定具有一定程度的交替关系。如何在金融体系的效率和稳定之间寻求一种合理的平衡,成为一国金融体系发展所要解决的核心和关键问题。本文扩展了传统的金融体系结构理论,从全球金融发展一般规律和各国"国家禀赋"相结合的视角,对金融体系结构、金融效率和金融稳定之间的动态关系进行了系统的理论和实证分析,并在此基础上对一国金融体系效率性和稳定性的长期演进轨迹提供了一个初步的"全景式"刻画。In the market-oriented evolution of a country＇s financial system structure, there is usually a trade off between the efficiency and the stability of the financial system. Therefore, how to find a reasonable balance between the efficiency and the stability becomes the core issue of the financial system development. This paper extends the traditional financial structure theory from the perspective of combining the general law of financial development and the ＂national endowment＂ of a specific country together. Based on the theoretical and empirical analysis of the relationship between financial structure, financial efficiency and financial stability, this paper gives a preliminary pandemic description of the long-term evolutionary trajectory of the financial system＇ s efficiency and stability.

关 键 词：金融结构 金融效率 金融稳定 

分 类 号：F831[经济管理—金融学]