金融开放背景下系统性金融风险测度与防范  

Measurement and Prevention of Systemic Financial Risk under the Background of Financial Openness

作　　者：庞加兰[1] 王倩倩 吴露露 Pang Jialan;Wang Qianqian;Wu Lulu(School of economics and Finance,Xi’an International Studies University,Xi’an 710128,Shaanxi,China)

机构地区：[1]西安外国语大学经济金融学院,陕西西安710128

出　　处：《征信》2021年第5期84-92,共9页Credit Reference

基　　金：国家社会科学基金重点项目(18AJY028);陕西省社会科学基金项目(2020D007);西安外国语大学研究生科研基金重大项目(SSZA2020012)。

摘　　要：当前,维护中国金融稳定的重要任务之一就是防范化解重大系统性金融风险。基于2010—2019年的季度数据,构建中国金融压力指数模型,采用客观赋值法CRITIC对指标进行权重分析,最后得到中国金融系统的综合压力指数。研究表明:中国金融压力指数呈下降态势,银行业、股票市场、债券市场以及货币市场对金融压力指数的权重较高。因而,在金融开放背景下务必重点监管相关行业,精准施策,同时应当注重实体经济持续健康发展。At present, one of the important tasks of maintaining China’s financial stability is to prevent and resolve major systemic financial risks. Based on the quarterly data from 2010 to 2019, this paper constructs the financial pressure index model of China, uses the objective assignment method CRITIC to analyze the weight of the index, and finally obtains the comprehensive pressure index of China’s financial system. The research has found that China’s financial pressure index shows a downward trend, and banking, stock market, bond market and money market have a higher weight on the financial pressure index. Therefore, in the context of financial openness, it is necessary to focus on the supervision of relevant industries, implement accurate policies, and pay attention to the sustainable and healthy development of the real economy.

关 键 词：系统性金融风险 金融开放 金融压力指数模型 

分 类 号：F832.2[经济管理—金融学]