本文選題：歐洲主權(quán)債務(wù)危機(jī) + 歐洲中央銀行　； 參考：《復(fù)旦大學(xué)》2014年碩士論文

【摘要】：二戰(zhàn)后歐洲開展了一系列的合作與互助,來(lái)維護(hù)和平及促進(jìn)發(fā)展。伴隨著歐盟的成立以及后續(xù)歐元的發(fā)行,歐元區(qū)開始執(zhí)行統(tǒng)一的貨幣政策,促使歐洲的區(qū)域經(jīng)濟(jì)一體化發(fā)展到了高峰,使得“歐盟模式”被各個(gè)經(jīng)濟(jì)區(qū)域稱贊及學(xué)習(xí)。然而伴隨著歐洲一體化的不斷加深,大部分國(guó)家也開始債務(wù)纏身,赤字嚴(yán)重。美國(guó)次貸危機(jī)的爆發(fā)對(duì)歐元區(qū)造成極大的外來(lái)沖擊,之前看似穩(wěn)固的歐元區(qū)各國(guó)開始逐漸暴露出諸多問題,主權(quán)債務(wù)危機(jī)開始爆發(fā)。單靠傳統(tǒng)歐洲中央銀行、《馬斯特赫斯特條約》以及《穩(wěn)定與發(fā)展條約》已經(jīng)無(wú)法維持歐元區(qū)的穩(wěn)定與經(jīng)濟(jì)發(fā)展,這就倒逼歐盟對(duì)歐洲中央銀行的職能進(jìn)行改革,重新修訂《馬斯特赫斯特條約》及《穩(wěn)定與發(fā)展條約》中的諸多條款,并且在歐洲中央銀行之外,也開始成立諸多歐洲經(jīng)濟(jì)穩(wěn)定機(jī)制來(lái)監(jiān)管及維護(hù)歐元區(qū)經(jīng)濟(jì)的穩(wěn)定。歐洲的經(jīng)濟(jì)穩(wěn)定事關(guān)整個(gè)世界的和平與發(fā)展,因此梳理及研究歐盟的債務(wù)危機(jī)救助機(jī)制便具有重要的理論及現(xiàn)實(shí)意義。本文的研究主要包含以下幾個(gè)方面。(1)對(duì)歐洲主權(quán)債務(wù)危機(jī)進(jìn)行簡(jiǎn)單的介紹,闡述其形成的過程及原因。隨后引出歐元區(qū)的危機(jī)救助方法,即歐洲中央銀行的救助及歐洲經(jīng)濟(jì)穩(wěn)定機(jī)構(gòu)的危機(jī)應(yīng)對(duì)機(jī)制。(2)對(duì)維護(hù)歐元區(qū)經(jīng)濟(jì)穩(wěn)定的主要機(jī)構(gòu)——?dú)W洲中央銀行體系進(jìn)行詳細(xì)闡述,并指出其制度及邏輯缺陷,以及其在危急中如何改革以彌補(bǔ)缺陷更好的對(duì)危機(jī)國(guó)進(jìn)行救助。(3)對(duì)主權(quán)債務(wù)危急中成立的歐洲經(jīng)濟(jì)穩(wěn)定機(jī)構(gòu)進(jìn)行詳細(xì)闡述,介紹其成立原因以及怎樣更好的輔助歐洲中央銀行來(lái)維持歐洲經(jīng)濟(jì)的恢復(fù)、穩(wěn)定與發(fā)展。(4)對(duì)上述兩大救助體系的效應(yīng)展開研究。先從理論上闡述二者在履行“最后貸款人角色”時(shí)所展開救助措施的一致性,隨后運(yùn)用雙重差分模型(Difference in differences)來(lái)對(duì)相關(guān)救助政策對(duì)于經(jīng)濟(jì)恢復(fù)與發(fā)展的效用進(jìn)行計(jì)量分析。本文通過上述梳理,得到以下結(jié)論。首先,在理論上對(duì)歐元區(qū)危機(jī)救助的有效性進(jìn)行充分肯定。歐元區(qū)對(duì)歐洲主權(quán)債務(wù)危機(jī)展開的救助,在一定程度上維護(hù)了歐元區(qū)經(jīng)濟(jì)的穩(wěn)定,同時(shí)也完善了歐元體系的價(jià)格穩(wěn)定及危機(jī)救助機(jī)制,促使歐元區(qū)逐漸走向成熟。其次,本文也通過構(gòu)建雙重差分模型來(lái)對(duì)歐元區(qū)的政策救助進(jìn)行計(jì)量分析,從實(shí)證的角度研究救助政策對(duì)危機(jī)國(guó)經(jīng)濟(jì)恢復(fù)的凈影響,最后得到顯著有效的結(jié)論,進(jìn)一步肯定了救助政策對(duì)危機(jī)國(guó)的正效用。
[Abstract]:After World War II, Europe carried out a series of cooperation and mutual assistance to maintain peace and promote development.With the establishment of the European Union and the subsequent issuance of the euro, the euro zone began to implement a unified monetary policy, which promoted the regional economic integration of Europe to the peak, making the "EU model" praised and learned by various economic regions.However, with the deepening of European integration, most countries also began to debt, serious deficits.The outbreak of the U.S. subprime mortgage crisis has caused a huge external shock to the euro zone, as previously seemingly solid euro zone countries began to expose problems and the sovereign debt crisis began to erupt.The traditional European Central Bank, the Maastricht Treaty and the Stability and Development Pact have failed to maintain the stability and economic development of the euro zone, forcing the European Union to reform the functioning of the European Central Bank.The articles of the Maastricht Treaty and the Stability and Development Pact have been revised and, in addition to the European Central Bank, a number of European economic stability mechanisms have been established to regulate and maintain the stability of the euro zone's economy.The economic stability of Europe is related to the peace and development of the whole world, so it is of great theoretical and practical significance to sort out and study the debt crisis relief mechanism of the European Union.This paper mainly includes the following aspects: 1) briefly introduce the European sovereign debt crisis and explain the process and reason of its formation.Then it introduces the crisis rescue method of the euro zone, that is, the rescue of the European Central Bank and the crisis response mechanism of the European Economic Stability Agency (EEA), which elaborates in detail the European Central Bank system, the main institution for maintaining the economic stability of the euro area.It also points out its system and logic defects, and how it can be reformed in order to make up for the defects. (3) to elaborate in detail the European Economic Stability Agency established in the crisis of sovereign debt.This paper introduces the reasons for its establishment and how to better assist the European Central Bank to maintain the recovery, stability and development of the European economy.Firstly, the consistency of the rescue measures carried out by the two parties in fulfilling the role of "lender of last resort" is expounded theoretically, and then the econometric analysis of the effectiveness of relevant rescue policies for economic recovery and development is carried out by using the double difference in difference (DDA) model.Through the above-mentioned combing, this paper draws the following conclusions.First, in theory, the effectiveness of the euro zone crisis rescue is fully affirmed.The euro zone's rescue of Europe's sovereign debt crisis has helped to preserve the stability of the euro zone's economy, while improving the price stability and crisis relief mechanism of the euro system, prompting the euro zone to mature.Secondly, this paper also makes econometric analysis on the policy rescue of the euro area by constructing a double difference model, studies the net impact of the rescue policy on the economic recovery of the crisis countries from the perspective of empirical analysis, and finally obtains a significant and effective conclusion.Further affirmed the rescue policy to the crisis country's positive effect.
【學(xué)位授予單位】：復(fù)旦大學(xué)
【學(xué)位級(jí)別】：碩士
【學(xué)位授予年份】：2014
【分類號(hào)】：F815

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相關(guān)期刊論文 前1條

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本文編號(hào)：1746624