货币政策对商业银行收益的影响研究

发布时间：2018-03-29 19:31

本文选题：货币政策　切入点：商业银行收益　出处：《湖南大学》2012年硕士论文

【摘要】：商业银行作为我国金融市场的重要参与者和货币政策的重要执行人，其生存状况尤其是盈利状况受到众多专家学者的关注，专家们从不同的研究视角来观察商业银行盈利，并提出增加商业银行盈利的方法建议。本文集中研究商业银行作为货币政策信贷传导渠道主要中介，尤其是在我国货币传导渠道效率较低的情况下，货币政策变动对商业银行会产生怎样的影响，程度如何。故本文对指导商业银行如何准确衡量货币政策风险，提高盈利具有重要意义。本文在回顾货币政策传导机制理论的基础上，，完成货币政策工具与商业银行盈利的相关性分析，指出存贷利率与存款准备金率与商业银行收益有较强的相关关系，然后将实证分析与理论分析相结合，以货币政策对商业银行收益的影响为研究对象，利用净资产收益率等指标衡量商业银行自身的收益状况，以存贷款利率和存款准备金率衡量货币政策的强度，收集13家上市商业银行的面板数据，检验货币政策对商业银行的影响效果，并得出如下结论：商业银行的存贷款利率与商业银行净资产收益率存在正相关关系；存款准备金率与商业银行净资产收益率呈正相关关系，而这违反常理的结论与存贷利差扩大密切相关；温和通货膨胀率对商业银行盈利产生正面影响。在得出上述结论后，结合理论分析以及实证结果，本文给出如何提高商业银行盈利的政策建议。通过加强利率走势分析、建立利率风险预防机制、防范政策性风险等方式，商业银行既可以有效应对货币政策变动带来的风险，提高商业银行的收益水平。
[Abstract]:As an important participant in our financial market and an important executor of monetary policy, commercial banks have been paid attention to by many experts and scholars. This paper focuses on the study of commercial banks as the main intermediary of monetary policy credit transmission channel, especially in the case of low efficiency of monetary transmission channel in China. Therefore, this paper is of great significance to guide commercial banks to accurately measure monetary policy risks and increase profits. On the basis of reviewing the theory of monetary policy transmission mechanism, this paper analyzes the correlation between monetary policy tools and commercial banks' earnings, and points out that there is a strong correlation between deposit and loan interest rate and deposit reserve ratio and commercial bank income. Then combining the empirical analysis with the theoretical analysis, taking the monetary policy to the commercial bank income as the research object, using the net asset return and other indicators to measure the commercial bank's own income status. The intensity of monetary policy is measured by the interest rate on deposit and loan and the reserve ratio, and the panel data of 13 listed commercial banks are collected to test the effect of monetary policy on commercial banks. The conclusions are as follows: there is a positive correlation between the interest rate of deposit and loan of commercial bank and the rate of return on net assets of commercial bank, the ratio of deposit reserve and the rate of return of net assets of commercial bank have positive correlation, This unnatural conclusion is closely related to the widening of deposit and loan spreads; moderate inflation has a positive impact on commercial banks' earnings. After reaching the above conclusions, combined with the theoretical analysis and empirical results, this paper gives some policy suggestions on how to improve the profitability of commercial banks. Through strengthening the analysis of interest rate trend, establishing the interest rate risk prevention mechanism and preventing policy risks, etc. Commercial banks can effectively deal with the risks brought by the change of monetary policy and improve the income level of commercial banks.
【学位授予单位】：湖南大学
【学位级别】：硕士
【学位授予年份】：2012
【分类号】：F822.0;F832.33

【参考文献】