论宏观审慎的概念

发布时间：2018-06-30 05:16

本文选题：宏观审慎 + 系统性风险　；参考：《理论月刊》2012年04期

【摘要】："宏观审慎"一词起源较早,但它作为一种监管方法被正式引入金融监管政策框架则是次贷危机催生的制度变革。宏观审慎是相对于微观审慎而言的一种监管方法,是指将金融系统视为一个整体,运用审慎工具,对金融系统的整体风险及其对宏观经济的影响进行识别、监测和处置,以防范系统性风险的累积和集中,维护整个金融体系稳定。宏观审慎监管的重要使命在于应对系统性风险。它以微观审慎监管为基础,旨在解决金融系统的两个维度的风险:一是时间维度,其关键问题是降低金融体系的顺周期性;二是跨行业维度,其关键问题是降低系统性风险的集中。加强宏观审慎监管,并将其与微观审慎监管有机结合,应是后危机时代各国金融监管的主要发展趋势。
[Abstract]:The term "macroprudential" originated early, but it was formally introduced into the framework of financial regulatory policy as a method of supervision, and it was the institutional change caused by the subprime mortgage crisis. Macroprudential is a regulatory approach relative to microprudential. It refers to the use of prudential instruments to identify, monitor and dispose of the risks of the financial system as a whole and its impact on the macro-economy. In order to prevent the accumulation and concentration of systemic risk, maintain the stability of the entire financial system. The important mission of macro-prudential regulation is to deal with systemic risk. Based on microprudential regulation, it aims to address the risks in two dimensions of the financial system: one is the time dimension, the key issue is to reduce the procyclicality of the financial system, and the other is the cross-industry dimension. The key issue is to reduce the concentration of systemic risk. Strengthening macro-prudential supervision and combining it with micro-prudential supervision should be the main development trend of financial supervision in post-crisis era.
【作者单位】：武汉大学国际法研究所;上海交通大学材料科学与工程学院;
【基金】：国家社会科学基金重点研究项目(09AFX004)
【分类号】：F831.1

【共引文献】