银行理财产品收益率与实体经济景气程度相关性研究

发布时间：2018-03-21 17:00

本文选题：银行理财产品　切入点：收益率　出处：《厦门大学》2014年硕士论文　论文类型：学位论文

【摘要】：实体经济借助于金融业,金融业依赖于实体经济。在我国的金融体系中,商业银行的地位是不可比拟的。近几年银行理财产品市场的发展迅猛,“高收益”理财产品频频出现,理财市场的火爆和其收益率息息相关,一方面理财产品的出现为消费者提供了更为丰富的投资工具,理财产品收益率的高涨也增加了消费者的财产性收益；另一方面,通过理财产品的发售,银行获得了资金,缓解了资金面紧张状况,这看似一个双赢局面。然而银行理财资金到底流向了哪里?又是什么领域能承受如此高的回报?银行理财产品市场与实体经济景气程度存在怎样的关系?发行主体不同、产品运作方式不同对理财产品的收益率又有怎样的影响差异?这种关系和影响差异背后是否存在着什么本质的现象和问题? 本文通过讨论银行理财产品收益率与实体经济景气程度的关系,将实证得出的结果与银行理财产品市场的现实状况结合,并通过不同发行主体和不同产品运作方式的影响差异分析,得出了以下结论：1.我国的银行理财产品市场没有与实体经济发展相配套,理财产品更多是为金融机构自身服务；2.信息不规范的理财产品助长了银行理财产品的“空转”现象；3.中小商业银行市场定位不清,理财产品有同质化趋势。并有针对性地提出了政策建议：1.加大力度规范银行理财产品市场；2.改进流动性监管机制；3引导银行理财产品支持实体经济；4.基于“实质重于形式”原则,完善货币政策调查控机制；5.监管层可以平衡不同发行主体的发展。
[Abstract]:With the aid of the financial industry, the real economy depends on the real economy. In the financial system of our country, the position of commercial banks is incomparable. In recent years, the market of banking financial products has developed rapidly, and "high-yield" financial products have frequently appeared. The popularity of the financial management market is closely related to its rate of return. On the one hand, the appearance of financial products provides consumers with a richer investment tool, and the rising rate of return of financial products also increases the property returns of consumers; on the other hand, Through the sale of wealth management products, banks have access to funds, easing the capital tension, which seems to be a win-win situation. But where exactly did the bank wealth management funds flow? What area can afford such a high return? What is the relationship between the banking financial products market and the prosperity of the real economy? How does it affect the return rate of wealth management products? Is there any essential phenomenon and problem behind this relationship and influence difference? By discussing the relationship between the rate of return of banking financial products and the prosperity of the real economy, this paper combines the empirical results with the real situation of the banking financial products market. Based on the analysis of the influence of different issuers and different operating modes of products, the following conclusions are drawn: 1. The market of banking financial products in China is not matched with the development of real economy. Financial products are more of a service to financial institutions. (2) Financial products with irregular information contribute to the "idle" phenomenon of banking financial products. 3. The market position of small and medium-sized commercial banks is not clear. Financial products have the trend of homogeneity. Finally, the paper puts forward some policy suggestions: 1. Step up efforts to standardize the market of banking financial products 2. Improve the liquidity supervision mechanism and guide banks to support the real economy. 4. Based on the essence. Emphasis on the principle of "form", Improve the monetary policy investigation and control mechanism. 5. Regulators can balance the development of different issuers.
【学位授予单位】：厦门大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F832.2

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