摘要
随着欧洲银行业危机和主权债务危机的爆发,银行风险与主权风险之间的传导效应成为政策当局和学者们关注的焦点。那么,上述两种风险之间是否真的存在相互传导效应?具体的传导方向和影响力度又如何?文章以欧元区代表性国家为例进行研究发现,欧元区国家银行风险与主权风险之间确实存在相互传导效应,这种传导效应不仅发生在一国之内,而且存在于国与国之间。该结论对我国应对国际金融风险、维护本国金融稳定具有重要的参考价值。
It appears that banking crisis and sovereign debt crisis reinforced by each other in Europe after a ' once-in-a-century' type of global financial crisis. For long time in the past,the connection and dynamic transmission mechanism between banking risk and sovereign risk hadn't been given enough attention until the outbreak of European banking crisis and sovereign debt crisis. There-fore,does the transmission effect between banking risk and sovereign risk really exist? How about the transmission direction and level? Based on the above questions,this paper conducted empirical research on the representative countries in eurozone,and found that the transmission effect did exist between banking risk and sovereign risk,not only within a country but also between countries. These conclusions have important reference value for China to cope with the international financial risk and maintain financial stability.
出处
《世界经济研究》
CSSCI
北大核心
2016年第5期30-41,134-135,共12页
World Economy Studies
基金
中国博士后科学基金面上项目(项目编号:105-181093)
