风险价值、压力测试与金融系统稳定性评估

被引:9
作者
刘晓星 [1 ,2 ]
机构
[1] 复旦大学金融研究院
[2] 广东商学院金融学院
基金
广东省自然科学基金;
关键词
压力测试; 金融稳定性; 模型和系统;
D O I
10.19654/j.cnki.cjwtyj.2009.09.010
中图分类号
F830 [金融、银行理论];
学科分类号
摘要
压力测试衡量资产损失分布超过风险价值的部分,可以发现金融机构和系统在极端市场情形下的风险传导机制和风险承受力,是金融系统稳定性分析中的关键因素。本文分析了风险价值和压力测试的关系、压力测试在宏观金融分析中的实施步骤、压力测试模型和压力测试系统的应用,并对金融稳定性风险压力测试的未来发展进行了展望。
引用
收藏
页码:57 / 65
页数:9
相关论文
共 8 条
[1]  
A Traverse from the Micro to the Macro Stress Testing. C.A.E.Goodhart. Conference Report on Stress-testing and Financial Crisis Simulation Exercises . 2007
[2]  
New Framework for Measuring and Managing Macrofinancial Risk and Financial Stability. Dale F.Gray,Robert C.Merton,Zvi Bodie. IMF Working Paper,no.09015 . 2008
[3]  
The IMF s Experience with Macro Stress-testing. Mark Swinburne. Conference Report on Stress-testing and Financial Crisis Simulation Exercises . 2007
[4]  
A new approach to assessing risks to financial stability. Andrew Haldane,Simon Hall,Silvia Pezzini. Bank of England Financial Stability Paper,No.2 . 2007
[5]  
Value at Risk:The New Benchmark for Measuring Financial Risk. P.Jorion. . 2001
[6]  
Accounting for Risk Transfer in Macro-stress Testing Exercises:Challenges Some Thoughts. Kostas Tsatsaronis. Conference Report on Stress-testing and Financial Crisis Simulation Exercises . 2007
[7]  
Howdo central banks write on financial stability?. Martin Cihak. IMF Working Paper,No.163 . 2006
[8]  
Systemic Risk Monitor-risk Assessment and Stress Testing for the Austrian Banking System. Summer,M. . 2006