信息披露、存款保险制度与银行系统性风险

发布时间：2018-01-09 22:19

本文关键词：信息披露、存款保险制度与银行系统性风险　出处：《财经研究》2016年12期 　论文类型：期刊论文

【摘要】：文章基于不完全信息动态博弈模型,对信息披露、存款保险制度与系统性风险之间的作用机制进行了理论分析,并使用2006-2014年24个国家137家上市商业银行的面板数据进行了实证考察。研究发现,提高银行的信息披露程度,有助于降低融资成本和存款保险缴费费率,引导其减小银行间资产的相关性,从而降低系统性风险;存款保险的金融稳定效应不明显,提高信息披露程度有效缓解了存款保险制度的道德风险,两者在降低银行系统性风险方面存在协同效应。设计合理的存款保险制度、经验丰富的监管当局和严格的监管体系有助于发挥市场约束作用,限制存款保险的道德风险,从而维护金融体系的稳定。因此,在我国正式实施存款保险制度的背景下,监管部门应加强银行信息披露和优化存款保险设计,以更好地防范我国金融体系的系统性风险。
[Abstract]:Based on the dynamic game model of incomplete information, this paper makes a theoretical analysis of the mechanism between information disclosure, deposit insurance system and systemic risk. The panel data of 137 listed commercial banks in 24 countries from 2006 to 2014 were used to conduct empirical investigation. The study found that the degree of information disclosure of banks should be improved. It can help to reduce the financing cost and deposit insurance contribution rate, guide them to reduce the correlation of inter-bank assets, and thus reduce the systemic risk; The financial stability effect of deposit insurance is not obvious, improving the degree of information disclosure effectively alleviates the moral hazard of deposit insurance system. There is a synergistic effect between them in reducing the systemic risk of banks. The design of a reasonable deposit insurance system, experienced regulatory authorities and strict regulatory system will help to play a role of market restraint. In order to maintain the stability of the financial system, the regulatory authorities should strengthen the disclosure of bank information and optimize the design of deposit insurance under the background of the formal implementation of deposit insurance system in China. In order to better guard against the systemic risk of our financial system.
【作者单位】：西南财经大学金融学院;
【基金】：国家自然科学基金面上项目(71673225) 西南财经大学中央高校基本科研业务费专项资金(JBK160918;JBK1607055)
【分类号】：F832.33
【正文快照】： 一、引言维护金融体系稳定是各国经济平稳发展的前提。2007年国际金融危机的爆发和蔓延表明,金融风险具有显著的外部性,宏观经济的平稳运行需要高度关注金融业的宏观审慎监管,而其核心便在于系统性风险的防范。为维护金融稳定,世界各国纷纷引入存款保险制度。Diamond和Dybvig(

【相似文献】