金融监管研究
金融鑑管研究
금융감관연구
FINANCIAL REGULATION
2013年
8期
1~20
,共null页
宏观审慎监管 微观审慎监管 外部性
宏觀審慎鑑管 微觀審慎鑑管 外部性
굉관심신감관 미관심신감관 외부성
Macro-prudential Regulation; Micro-prudential Regulation ; Externality
本文根据从下向上的方法以及金融外部性的分析框架，提出了一个银行业宏观审慎监管研究的新理论思路。该思路说明，宏观审慎监管和微观审慎监管的区别不在于监管工具，而在于对监管标准的把握。该思路不仅有助于解释目前已推出的主要的银行宏观审慎监管措施，而且也能用来开发新的宏观审慎监管工具。
本文根據從下嚮上的方法以及金融外部性的分析框架，提齣瞭一箇銀行業宏觀審慎鑑管研究的新理論思路。該思路說明，宏觀審慎鑑管和微觀審慎鑑管的區彆不在于鑑管工具，而在于對鑑管標準的把握。該思路不僅有助于解釋目前已推齣的主要的銀行宏觀審慎鑑管措施，而且也能用來開髮新的宏觀審慎鑑管工具。
본문근거종하향상적방법이급금융외부성적분석광가，제출료일개은행업굉관심신감관연구적신이론사로。해사로설명，굉관심신감관화미관심신감관적구별불재우감관공구，이재우대감관표준적파악。해사로불부유조우해석목전이추출적주요적은행굉관심신감관조시，이차야능용래개발신적굉관심신감관공구。
Based on a bottom-up approach and the framework of financial externalities, this paper proposes a new approach to study the fundamental theory of macro-pnldential banking regulation. With this approach, we show that the key difference between macro-prudential and micro-prudential regulation is not which regulatory tools they employ, but how to fine-tune regulatory standards on both cross-sectional and time dimensions. This approach not only helps justify existing macro-prudential regulatory measures, but can also be used in devising new macro-pru- dential regulatory measures.
