金融结构与投资资本供给结构的非对称机制  

Asymmetric Mechanism of Financial Structure and Investment Capital Supply Structure

作　　者：孙彦林[1] 吴业强 孙烨[1] SUN Yan-lin;WU Ye-qiang;SUN Ye

机构地区：[1]吉林大学商学院,长春130012

出　　处：《金融论坛》2021年第7期50-59,共10页Finance Forum

基　　金：教育部哲学社会科学研究重大课题攻关项目(17JZD016);2020年度吉林省哲学社会科学智库基金项目(2020JLSKZB017);吉林大学廉政智库创新团队项目(2017LZZK008);2018年度教育部人文社会科学研究青年基金项目(18YJC790064)。

摘　　要：通过数理推演和马尔科夫区制转移模型分析,本文结果显示:(1)不论投资资本供给结构处于"优化区制"还是"恶化区制"内,金融结构失衡程度的加深均不利于投资资本供给结构的持续优化;(2)投资资本供给结构存在自稳定器机制,有着震荡式熨平波动的自发倾向;(3)当"稳增长"的目标权重上升时,投资资本供给结构会出现恶化倾向;(4)投资资本供给结构大幅波动易引发区制转移。The results of the mathematical deduction and analysis based on the Markov system transfer model show that,(1)whether the investment capital supply structure is in the"optimized regime"or"deteriorated regime",the deepening of financial structure imbalance is not conducive to the continuous improvement in the investment capital supply structure;(2)the structure of investment capital supply has a self stabilizer mechanism,and shows a spontaneous tendency of vibrating fluctuation ironing;(3)when the weight of"steady growth"increases,the structure of investment capital supply shows a tendency of deterioration;(4)the large fluctuation of the structure of investment capital supply can easily lead to the transfer of regime switching.

关 键 词：投资资本供给结构 金融结构失衡 非对称机制 MS-TVTP 

分 类 号：E22[军事—军事理论] G10[文化科学]