金融创新_金融风险与我国金融监管模式研究

:20081128:(1977-),,,,(,518040),,,,,,,,;;F83012A1008-7222(2009)01-0039-06()1ISLM,1,,,(),,,,,,,,IS,ISIS,,i0i,Y0Y;,,,LM,LM,1E,Y,i,,,(),,,,,,,93!,,,,,,,,,,,;(),,,,,,,,,?(,)?,,,,(),,,,,,,,,,,,,,,,,,,,;,,,,,:211,21,,,,31,042418420093#1836,1863(,),27,,(),,,,,41,,,51,2080,90,,,,,,,,,,,,,,,,;,,,,,,,;,33()(),,,,,,,,,,,,,,,,(),,;,,(),,,,14!,,,,,,,,,(),,,,,,,,:11,,,,,21,,,31,,,,,,,,(),,,,,(4),,,,,,,,,;,,,;,,,,,,,,,,,,,,(),,,(),(),,,,,,,,,,,,,,(),,,,,,,242418420093#4(),,,,,,,,,11:()()()():,,,;,21531(),(),(),41,,,,,,,,,,(),,,,,,,,51,,;,,,,,,,,34!5:3:[1]DuanJin2Chuan,MoreauA1Sealey,C1Fixed2rateDepositInsuranceandRisk2shiftingBehavioratCommercialBanks[J]1JournalofBankingandFinance,1992,(16):715-7421[2]Cordell,LawrenceR1&KathleenKuesterKing1AmarketevaluationoftheRisk2basedcapitalstandardsfortheU1S1financialsys2tem[J]1JournalofBankingandFinance,1995,9(3):531-5621[3]Hovakimian,A1,andKaneE1J11EffectivenessofCapitalRegulationatU1S1CommercialBanks,1985to1994[J]1JournalofFi2nance,2000,(2):451-461[4]Keeley,M1C11DepositInsurance,Risk,andMarketPowerinBanking[J]1AmericanEconomicReview,1990,(80):1182-12001[5]Demsetz,R1S1etc11BankswithSomethingtoLose:TheDisciplinaryRoleofFranchiseValue[J]1EconomicPolicyReview(FederalReserveBankofNewYork),1996,(10):1-141[6]1[J]1,2007,(5):10-141[7],1[J]1,2006,(4):14-181[8]1[J]1,2007,(10):25-281[9],1[J]1,2003,(9):12-151[10]1[M]1:,2000155-661[11]1[M]1:,2000150-601[12],1[M]1:,2003140-481TheStudyofFinancialInnovation,RisksandSupervisionSysteminChinaGAOShan(PostdoctoralProgramofChinaMerchantsBank,Shenzhen518040,China)Abstract:Financialinnovationinfluencemacro2policymaking,financialmarketoperationandcommercialbanksptransparency.Financialinnovationcanmanageandcontrolfinancialrisk,ontheotherhand,itcanincreasetheextensionoffinancialrisk,anditcreatesmuchnegativeeffecttofinancialstability.Chi2nashouldestablishandimproveharmonysystemofbanks,securities,insurancesupervisionandmacro2controldepartment,doesagoodjobofinternationalcooperationwiththeinternationalfinancialsupervi2sionorganizations,andparticipateinconstituteinternationalfinancialsupervisionrulesactively;soastoenhancespecializationlevelofChinapsfinancialsupervisionconstantly.Keywords:financialinnovation;financialrisk;financialsupervision()442418420093#