CAJ | 학술논문

研究设计了三个风险偏好与汇率泡沫关系的实验，根据实验结果得出如下结论：第一，只要存在汇率风险，汇率泡沫就不可避免；第二，随着交易时间的延长，汇率泡沫呈逐渐增大的趋势。第三，汇率泡沫与汇率风险强度同向变化。据此提出了加强外汇汇率的风险控制等减少汇率泡沫的政策建议。
연구설계료삼개풍험편호여회솔포말관계적실험，근거실험결과득출여하결론：제일，지요존재회솔풍험，회솔포말취불가피면；제이，수착교역시간적연장，회솔포말정축점증대적추세。제삼，회솔포말여회솔풍험강도동향변화。거차제출료가강외회회솔적풍험공제등감소회솔포말적정책건의。
There are 3 experiments for exchange rate bubble in this paper. The main conclusions are as follows:(1) exchange rate bubble is evident if exchange rate risk exists;(2) exchange rate bubble increas-es along with the trading time;(3) exchange rate bubble and exchange rate risk have the same change di-rection. On the basis of experimental results,we proposed some feasible advices such as controlling risks.