超额储备、货币错配与金融风险——基于东亚实践的理论总结.pdfVIP

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超额储备、货币错配与金融风险——基于东亚实践的理论总结.pdf

上 海 国际j fl心发晨的垒 Excessreserves,currencymismatchandfinancialrisks WangSanxingDu Houwen managementschoolofAnhuiuniversity;economicschoolofrenminu niversityofchina,Hefei230039,China Abstract:Developingcountrieshaveobviouscurrencymismatchasinternationalmonetarysystemtookonly dollarandeuroaskeycurrencies.Aggregateeffectivecurrencymismatch(AECM)issuperiortooriginalsinfor currencymismatchmeasurementduetotheformerconsistsofobligationside.Previousresearchesshowthathighcurren cymismatchesinli

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