宏观经济资本度量研究

发布时间：2018-04-22 13:38

本文选题：经济资本 + 宏观资产VaR　；参考：《武汉大学学报(哲学社会科学版)》2013年04期

【摘要】：宏观经济资本可以理解为国家、部门、行业等宏观经济主体用来抵御资产损失的净资产,其在价值上相当于使得总资产投资与无风险投资相等时所进行的保险。宏观经济资本的度量在对象和方法上与微观经济资本存在着显著差异。对宏观经济资本度量的概念进行界定的基础上,重点对宏观经济资本度量的基本理论与方法进行论述,并在此基础上进行实证分析。研究结论显示,中国上市企业部门和上市金融部门的宏观经济资本指标在2007-2008年全球金融危机的影响下发生突变,显示了两大部门宏观金融风险的变化。相比较而言,中国上市企业部门的宏观金融风险问题更突出。
[Abstract]:Macroeconomic capital can be understood as the net assets used by the state, departments, industries and other macroeconomic entities to resist the loss of assets, which is equivalent in value to the insurance when the total assets investment is equal to the risk-free investment. The measurement of macro-economic capital is different from that of micro-economic capital in object and method. On the basis of defining the concept of macro-economic capital measurement, this paper mainly discusses the basic theory and method of macro-economic capital measurement, and carries on the empirical analysis on this basis. The results show that the macroeconomic capital index of China's listed enterprise sector and listed financial sector has mutated under the influence of the global financial crisis in 2007-2008, indicating the change of macro financial risk between the two major sectors. Comparatively speaking, the macro financial risk problem of Chinese listed enterprise sector is more prominent.
【作者单位】：武汉大学经济与管理学院;
【基金】：教育部哲学社会科学研究重大攻关项目(12JZD029) 武汉大学自主科研项目(274909)
【分类号】：F015

【参考文献】