拉古拉姆·拉詹对金融理论与实践的贡献——科睿唯安“引文桂冠”经济学奖得主学术贡献评介  

Raghuram G.Rajan's Contributions to Financial Theory and Practices

作　　者：李小林[1] 沈春明 江春[3] LI Xiaolin;SHEN Chunming;JIANG Chun(Ocean University of China,Qingdao,China;Wuhan University,Wuhan,China)

机构地区：[1]中国海洋大学经济学院,266100 [2]武汉大学经济与管理学院,430072 [3]武汉大学经济发展研究中心,430072

出　　处：《经济学动态》2023年第8期148-160,共13页Economic Perspectives

基　　金：国家社会科学基金一般项目“‘稳增长’和‘防风险’双目标下财政政策与货币政策跨周期协调机制研究”(22BJL018)。

摘　　要：拉古拉姆·拉詹是金融学领域极具影响力的经济学家,在公司金融、银行业发展、经济制度以及国际金融等领域都做出了卓越贡献。本文主要从四方面介绍其成就:首先,围绕宏观金融市场和微观个体企业,从企业与贷款人的关系、公司治理和资本结构对企业发展影响的视角出发,介绍他在企业融资原理研究方面的贡献。其次,围绕银行信贷、流动性创造和银行政策等内容,从银行与企业发展之间的联系出发,介绍他在研究银行业发展对企业融资影响方面的贡献。第三,围绕金融市场改革,从制度对经济增长影响的角度出发,介绍他通过设计新的方法刻画和研究制度对企业发展及经济增长的影响。最后,围绕跨国援助、汇率波动和贸易信贷方面,从国际经济发展面临的现实问题出发,介绍他在国际经济政策制定时引入现代模型和汇率评估技术以及提高援助有效性方面所做的贡献。拉詹的研究拓宽了金融理论和实践的分析范畴,极大地推动了金融学的发展。Raghuram G.Rajan is an influential economist in the field of finance who has made outstanding contributions to corporate finance,banking,economic institutions and international finance.This paper mainly introduces his achievements from four aspects.Firstly,based on the macro financial market and micro individual enterprises,from the perspective of the relationship between enterprises and lenders,corporate governance level and the impact of capital structure on the development of enterprises,this paper introduces his contribution to the research on the principle of corporate financing.Secondly,based on the contents of bank credit,liquidity creation and bank policies,and starting from the connection between banks and corporate development,this paper introduces his contribution to research on the effect of bank financing on corporate financing and the development of banking industry.Thirdly,centering on the reform of financial market and starting from the perspective of the influence of institutions on economic growth,this paper introduces his research on the influence of institutions on enterprise development and economic growth through developing new methods.Finally,focusing on transnational aid,exchange rate fluctuations and trade credit,and starting from the practical problems of international economic development,this paper introduces his contribution to introducing modern models and exchange rate evaluation techniques into international economic policy making and the improvement of aid effectiveness.Rajan's research fundamentally expanded the analytical scope of financial theory and practice and greatly promoted the development of finance.

关 键 词：拉古拉姆·拉詹 企业融资 银行业 经济制度 国际金融 

分 类 号：F091.3[经济管理—政治经济学] F830