债务国际化下国债规模临界增长模型研究

On the Critical Growth Model of National Bonds Scale after the Bonds Internationalization

本文提出了国债规模合理增长的稳定负担率条件,并建立基于债务国际化下的国债规模临界增长模型,研究表明,国债规模的临界增长速度取决于经济环境的关键变量的综合作用,并对不同经济环境下的国债规模临界增长速度进行了仿真研究。该模型将为我国债务国际化下国债规模的管理与预警提供帮助。

The paper suggested the stabilized burden rate condition to assure the reasonable growth of nation bonds scale,and established the critical growth model of national bonds scale after the debts internationalization.It showed that the critical growth rate of national bonds scale depended on the interaction of key variables of the economic environment.Also,it made a simulated calculation of the critical growth rate of national bonds scale in the different economic environment.The model will be helpful for management and alarms of national bonds scale after the debts internationalization in China.