我国普惠金融监管政策效果研究

发布时间：2018-05-01 19:59

本文选题：普惠金融 + 监管政策　；参考：《广东财经大学》2015年硕士论文

【摘要】：从2005年“普惠金融”提出以来,尤其是近年来因互联网金融的崛起,该概念成为人们关注和讨论的聚焦点。各种中央层面、地方层面的法规政策相继出台,不同类型的供给机构先后成立,越来越多的弱势群体了解普惠金融,这些都是我国普惠金融发展的加速器。但是,普惠金融如何在盈利能力和覆盖率之间维持平衡,是该类机构发展进程中面临的难题。比如,过重强调覆盖率导致了2007年小额贷款公司资金来源枯竭;而过度商业化则是2010年印度小额信贷偿还危机爆发的根源。因此,建立完善的普惠金融监管政策以维持普惠金融机构盈利能力和覆盖率之间的均衡就显得尤为重要。普惠金融监管政策的制定是为了建立完善的普惠金融体系。本文在借鉴普惠金融监管政策理论框架的基础上,分析普惠金融不同供给主体监管政策的现状和效果以及存在的问题。对现状研究表明,我国普惠金融存在着监管政策体系不完整、监管权配置混乱和市场准入门槛过高等问题,并且这些问题在不同程度上对普惠金融的盈利能力或覆盖率有影响。然后,本文采用OLS回归、处理效应回归和IV回归研究普惠金融监管政策对普惠金融机构盈利能力和覆盖率的影响程度。回归的结果表明以利润为导向的MFIs将通过降低覆盖率来吸收因监管所产生的成本以维持盈利能力。针对我国普惠金融监管政策存在的问题并结合实证结果,本文提出从提高普惠金融覆盖率、降低运营成本和提高运行效率等方面完善监管政策。
[Abstract]:Since the introduction of "Inclusive Finance" in 2005, especially the rise of Internet Finance in recent years, the concept has become the focus of attention and discussion. At various central levels, the local level of regulations and policies have been introduced, different types of supply institutions have been set up successively, and more and more vulnerable groups understand the Inclusive Finance, which are all our country However, how to maintain the balance between profitability and coverage is a difficult problem in the development process of such institutions. For example, the overemphasis on coverage led to the exhaustion of the funding sources of microfinance companies in 2007, while excessive commercialization was the outbreak of the 2010 India microfinance crisis. Therefore, it is particularly important to establish a perfect policy of inclusive financial supervision to maintain the balance between the profitability and coverage of the inclusive financial institutions. The formulation of the Pratt and whiten financial regulatory policy is to establish a perfect financial system. Based on the theoretical framework of the Pratt and whiten financial regulatory policy, this paper analyzes the generalized finance. The current situation and effect and the existing problems of the regulatory policy of different suppliers show that there is an incomplete supervision policy system, the confusion of supervision right allocation and the excessive market access threshold in China's inclusive finance, and these problems have an impact on the profitability or coverage of general favored finance in varying degrees. This paper uses OLS regression, treatment effect regression and IV regression to study the effect of inclusive financial regulatory policy on the profitability and coverage of Pratt and whiten financial institutions. The result of return shows that the profit oriented MFIs will absorb the cost of supervision by reducing the coverage rate to maintain profitability. In order to improve the financial coverage, reduce the cost of operation and improve the efficiency of operation, this paper puts forward the improvement of regulatory policy.

【学位授予单位】：广东财经大学
【学位级别】：硕士
【学位授予年份】：2015
【分类号】：F832.0

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