金融风险财政化、财政风险金融化与经济增长

金融风险财政化和财政风险金融化,虽然在短期内可以抑制金融风险和财政风险,但是,在长期内这些风险还是会以更加猛烈的方式释放出来,向上提升宏观经济风险,威胁一国经济安全,并最终抑制经济增长。这个推断,不仅在一个最优化的模型中得到证明,而且也为基于中国经济数据的协整检验所部分证实。

Economic Growth In Case of Fiscalization of Financial Risk And Financialization of Fiscal Risk

Although the fiscalization of financial risk and the financialization of fiscal risk can control financail risk and fiscal risk in the short run,but such risk would burst out by a violent way in the long run,which would increase macro-economic risk,threaten national economic security and restrain economic growth.This deduction is not only proved to be true in a model of optimization,but also partly validated by the analysis of cointegration based on Chinese economic data.