中国金融脆弱性指标构建与分析

The Construction and Analysis on the Fragility of China's Financial System

近年来,随着中国金融市场开放程度和市场化水平的提高,一系列金融风险随之而来并以空前的趋势威胁着中国金融安全,金融体系脆弱性检测指标构建的研究却并未随着中国国情的变化而适时更新。本文首先简要介绍了国内外对于金融脆弱性的理论研究和指标选取,然后详细阐述了金融脆弱性定量指标构建和设计,最后运用1991—2013年的数据对中国金融脆弱性状况作了初步判断,并提出相关建议。

Recent fluctuation of Chinas financial market indicates that Chinas financial risks increase with the opening of our financial market. The research on the fragility of financial system is, however, not updated according to the new situation. Based on the theoretical analyses, this paper introduces quantitative model on measuring the fragility of financial system. After investigate the situation between 1991 - 2013, we provide the policy suggestion.