Var Model In China's Financial Market Risk Management

In accordance with the capital agreement (1988) and its supplement (1996) of Basel committee, this paper said that the risk of our currently bank capital don cont~jin Market risk on the basis of systematical study of financial, risk-management theon and its history. According to the fact , the writer related the changes ,reasons and affects of our market risk factors which contain interest rate ,exchange rate , market price of goods and stock It related the necessity of adopting VAR models to measure the financial market risk in our country Therefore author related such basic theoretic problems as the contents of VAR model, its function, its development and new controlling philosophy. At the same time, the author Presented general structure of our financial risk regulation system which has VAR model to be its core . The main points of this paper were summarized as follow:1.Through dealing with a great deal of data, the author analysed the existing problems of financial risk-management of our country2.Such basic theoretic problems as the concept of VAR model, the ~vay of its measurement ,its application, its development and new controlling philosophy.3.It related-the necessity of adopting VAR models to measure the financial market risk in our country.4.Presented general structure of system of financial risk regulation of our count which has VAR model to be its core on the base of studies above.Postgraduate: Wang JihengMajor: Agricultural economics and management Tutor: Le Youhua...