CAJ | 학술논문

基于国家金融信息平台＂新华08＂从2000年到2010年我国金融监管当局和统计部门的数据,结合十年来我国实际经济运行状况和全球经济形势,在前人研究的基础上,本文对影响我国金融体系脆弱性水平的指标进行了选择,并且采用因子分析法做出了定量的测度。结果表明,十年来我国金融体系脆弱性水平有了长足的改善,其中流动性风险逐渐减少,信用风险和外汇风险不断波动。基于此,本文提出相关政策建议：防止突然的流动性反转、严控房地产市场的波动带来的信用风险、提高汇率风险管理水平和管理工具的操作水平以合理配置外汇资产。
기우국가금융신식평태＂신화08＂종2000년도2010년아국금융감관당국화통계부문적수거,결합십년래아국실제경제운행상황화전구경제형세,재전인연구적기출상,본문대영향아국금융체계취약성수평적지표진행료선택,병차채용인자분석법주출료정량적측도。결과표명,십년래아국금융체계취약성수평유료장족적개선,기중류동성풍험축점감소,신용풍험화외회풍험불단파동。기우차,본문제출상관정책건의：방지돌연적류동성반전、엄공방지산시장적파동대래적신용풍험、제고회솔풍험관리수평화관리공구적조작수평이합리배치외회자산。
Based on the data on national financial information platform ＂Xinhua08＂ about China＇s financial regulators and statistics department from 2000 to 2010,the article combines China＇s real economic operation with global economic situation in the recent decade,takes previous researches as basis,selects indicators that affect the fragility of China＇s financial system,and conducts quantitative measurement by factor analysis method.The results show that the level of fragility of China＇s financial system has been improved considerably： liquidity risk declined gradually,but credit risk and foreign exchange risk fluctuated consistently.On this basis,the article gives out some policy suggestions： to prevent a sudden reversal of liquidity,to prevent credit risks by strictly controlling the volatility of real estate market,and to allocate rationally foreign exchange assets by improving exchange rate risk management and operation skill of managerial tools.