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伴随着金融市场的产生和发展,如何防范金融风险成为金融界人士关注的焦点。作为一种新的防范金融风险的工具,理论上,外国学者认为,VAR在信息披露、资源配置与绩效评价三个方面发挥重要的作用;实践上,在国外已被广泛应用于各个领域。以纠正非对称金融衍生工具度量市场风险方法的缺陷。在我国,对VAR理论上的研究虽起步较晚,但仍有不少成果。随着我国金融业市场化程度的不断提高,VAR在我国金融业加强管理、防范投资组合风险、增强市场透明度等方面的应用前景将是十分广阔的。
With the emergence and development of financial markets, how to prevent financial risks has become the focus of people in the financial industry. As a new tool to prevent financial risks, in theory, foreign scholars believe that VAR plays an important role in three aspects: information disclosure, resource allocation and performance evaluation. In practice, it has been widely used in various fields abroad. To correct the shortcomings of asymmetric financial derivatives measure market risk method. In our country, although the research on VAR theory started later, there are still many achievements. With the continuous improvement of the marketization of China’s financial industry, the application prospect of VAR in China’s financial industry to strengthen management, prevent portfolio risk and enhance market transparency will be very broad.