CAJ | 학술논문

Libor操纵丑闻爆出后，作为金融市场定价基准的Libor倍受质疑。文章分析了Libor报价方法及机制存在的缺陷，通过数学统计工具，采用横向比较分析、相关度分析等方法，并结合金融经济运行实际，综合评估Libor作为基准利率的合理性及存在的主要问题。最后，提出Libor改革的建议，并引出对Shibor的借鉴参考。
Libor조종축문폭출후，작위금융시장정개기준적Libor배수질의。문장분석료Libor보개방법급궤제존재적결함，통과수학통계공구，채용횡향비교분석、상관도분석등방법，병결합금융경제운행실제，종합평고Libor작위기준리솔적합이성급존재적주요문제。최후，제출Libor개혁적건의，병인출대Shibor적차감삼고。
After Libor manipulation scandal broke,Libor as the financial market pricing benchmark has been questioned. Firstly,this paper directly analyzes the defects of the quoted price methods and mechanism. And then through mathematical and statistical tools,using methods horizontal comparison,correlation and other analysis meth-ods,and combining with the actual financial and economics operation,this paper comprehensively assesses reasona-bleness of Libor as a benchmark interest rate,and analyses its main problems. Finally,it puts forward reform propos-als for Libor,and leads to a reference for Shibor.