本文在前人研究的基础上,对现阶段参数不确定条件下考虑偏度的投资组合对资产负债表不稳定性的影响进行了分析和探讨,并得出以下结论:从一定程度上来说,考虑偏度的投资组合确会增加资产负债表的不稳定性,不过这一波动并不一定是顺周期性,影响波动幅度的主要因素是市场环境。 On the basis of previous studies, this paper analyzes and discusses the impact of investment portfolio with skewness under the condition of uncertain parameters at the present stage on the instability of the balance sheet, and draws the following conclusions: To a certain extent, Portfolio skewness does increase the balance sheet uncertainty, but the volatility is not necessarily pro-cyclical, the main factor affecting the volatility is the market environment.