基于后金融危机时期中国金融市场风险的特征研究

在后金融危机时期,我国金融风险的特征主要表现在金融资产价格风险、信用风险、流动性风险三个方面,我国股票价格指数波动的特征体现为股票价格的非平稳性和长期记忆性。从理论和方法两个方面分析金融市场风险的表现形式,探讨金融危机的特点和成因。基于不同的视角,利用中国上证指数对后金融危机时期中国股票市场的特征进行研究,提出了进一步规避与防范金融风险的方法。

Study on Characteristics of China Financial Market Risk Based on Post-financial-crisis Era

In the post-financial-crisis era,the financial risks in China are characterized mainly in financial asset price risk,credit risk,and liquidity risk. And the characteristics of the stock price index volatility reflect the nonstability and long-term memory of stock price. Based on an analysis of the forms of financial risk from theory and method,this paper discusses the characteristics and causes of financial risk. From different perspectives,it studies the features of China Stock Market in the post- financial- crisis era by using the Chinese Shanghai Composite Index,and puts forward the feasible way to avoid and guard against financial risks.