新兴大国债权型货币错配测度研究
发布时间:2018-10-25 15:39
【摘要】:货币错配是经济全球化下发展中国家普遍面临的经济金融现象,新兴大国债权型货币错配情况最为典型。本文首先分析既有的货币错配指标无法准确衡量甚至会错误衡量债权型错配、无法深刻认识新兴大国货币错配现象的问题,并提出CBCM指标,据此测度和概括出俄罗斯、中国、巴西、印度错配程度依次递减,具有线性增长、官方集中型等特征。在此基础上指出这种货币错配状况是由新兴大国净国外资产、本币升值预期以及政府基于本国及周边经济稳定性的干预而造成。
[Abstract]:Currency mismatch is a common economic and financial phenomenon faced by developing countries under the economic globalization. This paper first analyzes that the existing currency mismatch index can not accurately measure or even mismeasure the mismatch of creditor's rights, and can not deeply understand the problem of currency mismatch in emerging powers, and puts forward the CBCM index to measure and generalize Russia and China. The mismatch between Brazil and India decreases in turn, with linear growth and official centralization. On this basis, the paper points out that this mismatch is caused by the net foreign assets of the emerging powers, the expectation of the appreciation of the local currency and the intervention of the government based on the stability of the domestic economy and its surrounding economies.
【作者单位】: 长沙理工大学金融制度研究所;
【基金】:国家社科基金重大项目“大国经济发展理论研究”(11&ZD144) 国家软科学研究计划项目“我国银行业市场退出机制研究”(2010GXS5D242) 教育部人文社科规划基金项目“新兴大国货币错配、金融稳定与对策研究”(11YJA790139)的阶段性成果
【分类号】:F832.6
[Abstract]:Currency mismatch is a common economic and financial phenomenon faced by developing countries under the economic globalization. This paper first analyzes that the existing currency mismatch index can not accurately measure or even mismeasure the mismatch of creditor's rights, and can not deeply understand the problem of currency mismatch in emerging powers, and puts forward the CBCM index to measure and generalize Russia and China. The mismatch between Brazil and India decreases in turn, with linear growth and official centralization. On this basis, the paper points out that this mismatch is caused by the net foreign assets of the emerging powers, the expectation of the appreciation of the local currency and the intervention of the government based on the stability of the domestic economy and its surrounding economies.
【作者单位】: 长沙理工大学金融制度研究所;
【基金】:国家社科基金重大项目“大国经济发展理论研究”(11&ZD144) 国家软科学研究计划项目“我国银行业市场退出机制研究”(2010GXS5D242) 教育部人文社科规划基金项目“新兴大国货币错配、金融稳定与对策研究”(11YJA790139)的阶段性成果
【分类号】:F832.6
【参考文献】
相关期刊论文 前5条
1 李扬;汇率制度改革必须高度关注货币错配风险[J];财经理论与实践;2005年04期
2 欧阳\,
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