欧元区国家银行风险与主权风险的关联性研究

A Study of the Correlation between Banking Risk and Sovereign Risk in the Eurozone Countries

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恶性循环成为政策当局和学者们关注的焦点。基于欧元区国家的状况,利用危机期间的数据对两种风险的关联性进行研究,发现欧元区国家银行风险与主权风险之间的关联性具有理论和现实依据。我国银行风险与主权风险之间也存在一定的关联性,这警示政策当局要注意防范两种风险之间的相互传导现象。

Along with the outbreak of European banking crisis and sovereign debt crisis, the vicious circle between banking risk and sovereign risk has become the focus of policy authorities and scholars.According to the conditions of the countries in Euro zone, this paper makes use of the data covering the financial crisis period to study the correlation between these two types of risks. It is found that the correlation between banking risk and sovereign risk in the Eurozone countries has both theoretical and realistic basis. There exists certain correlation between banking risk and sovereign risk in China too, which warns our policy authorities to prevent the interaction between these two risks.