商业银行流动性的影响机理及实证检验

发布时间：2018-05-24 21:11

本文选题：商业银行 + 银行流动性　；参考：《学习与探索》2014年12期

【摘要】：为了加强中国商业银行的流动性管理,在对银行流动性的影响因素进行理论分析后,采用2003年10月至2013年9月数据进行实证检验,结论如下:财政性存款增加、发行中央银行票据、存款准备金率提高、再贴现率提高、债券市场当月发行量增加、当月保险新增量提高会降低银行流动性;外汇占款增加、境内银行代客涉外首付款顺差增加会提高银行流动性;逆回购、信托增加量、股票增加金额的变化对银行流动性影响不显著;中央银行三大政策工具存款准备金率、再贴现率、公开市场业务仍然是银行流动性调控的重要手段;随着资本市场和国际贸易的快速发展,债券、保险、股票对银行资金的分流作用不断提高,外汇储备对银行流动性的影响显著。
[Abstract]:In order to strengthen the liquidity management of Chinese commercial banks, after the theoretical analysis of the influencing factors of bank liquidity, the empirical test is carried out by using the data from October 2003 to September 2013. The conclusions are as follows: the increase of financial deposits; With the issuance of central bank bills, the deposit reserve ratio will increase, the rediscount rate will increase, and the issuance volume of the bond market will increase in the same month. The increase in the amount of new insurance in the same month will reduce bank liquidity, and the amount of foreign exchange will increase. The increase in the foreign deposit surplus of domestic banks will increase bank liquidity; the reverse repurchase, the increase in trust volume and the increase in the amount of shares will not have a significant impact on bank liquidity; the reserve requirement ratio and the rediscount rate for the three major policy instruments of the Central Bank, With the rapid development of capital markets and international trade, the role of bonds, insurance and stocks in diverting bank funds has been increasing. Foreign exchange reserves have a significant impact on bank liquidity.
【作者单位】：东华大学旭日工商管理学院;上海工程技术大学服装学院;
【基金】：教育部人文社会科学青年基金项目“特许权价值、公司治理机制和银行稳健性——中美商业银行的比较研究”(12YJC630157) 上海工程技术大学项目“‘三位一体制度’对银行稳健性的影响研究——中国上市银行的理论与实证研究”(2012PG33)
【分类号】：F832.33;F224

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