[1]吴龙龙.金融系统运行与系统性金融风险的形成机理[J].金融教育研究,2022,(04):38-48.
　WU Longlong.The Formation Mechanism of Financial System Operation and Systemic Financial Risk[J].,2022,(04):38-48.
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金融系统运行与系统性金融风险的形成机理()
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《金融教育研究》[ISSN:1006-6977/CN:61-1281/TN]

卷:
期数:
2022年04期
页码:
38-48
栏目:
金融论坛:金融风险研究
出版日期:
2022-07-25

文章信息/Info

Title:
The Formation Mechanism of Financial System Operation and Systemic Financial Risk
文章编号:
2095-0098(2022)04-0038-11
作者:
吴龙龙
南京审计大学 金融学院,江苏 南京 211815
Author(s):
WU Longlong
School of Finance,Nanjing Audit University,Nanjing,Jiangsu 211815,China
关键词:
金融系统;  系统性金融风险;  金融机构功能
Keywords:
Financial system;  Systemic financial risk;  Function of financial institutions
分类号:
F832.59
文献标志码:
A
摘要:
系统性金融风险源于金融系统运行过程中不同金融机构在功能上过度的互补、替代、协同和竞争所导致的风险纵向累积和横向传导。这种过度的互补、替代、协同和竞争又源于金融与实体经济在报酬结构上的失衡、分业经营制度约束下的混业诉求以及耐心资本的缺乏和资本市场上过强的投机性。为了守住不发生系统性金融风险的底线,必须在加强金融监管,治理金融乱象的同时,通过平衡金融与实体经济的报酬结构、稳慎地推进混业经营、培育耐心资本等措施,优化金融系统的运行环境。
Abstract:
Systemic financial risk comes from the vertical accumulation and transverse conduction of risk caused by excessive complementation,substitution,coordination and competition in functions of different financial institutions in the process of financial system operation.This kind of excessive complementation,substitution,coordination and competition is due to the imbalance in the reward structure between finance and substantial economy,the financial institutions' demand of universal operation under the restriction of fragmented banking system,the lack of patient capital and the strong speculation in the capital market.In order to keep the bottom line of no systemic financial risk,we must strengthen financial supervision and govern financial chaos,at the same time,optimize the environment of the financial system operation by balancing the reward structure between finance and substantial economy,cautiously promoting universal financial operation pattern and cultivating patient capital.

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备注/Memo

备注/Memo:
收稿日期:2021-09-06
基金项目:江苏省高校优势学科三期南京审计大学应用经济学(苏政办发〔2018〕87号)
作者简介:吴龙龙(1965—),男,江苏无锡人,博士,副教授,研究方向为金融风险管理。
更新日期/Last Update: 2022-07-25