资本约束与流动性约束对商业银行信贷的影响——基于中国90家商业银行的实证分析  

How do Capital and Liquidity Constraints Affect Commercial Banks’ Lending?——Empirical Evidence from Chinese 90 Commercial Banks

作　　者：刘志洋[1] Liu Zhiyang(School of economics,Northeast Normal University)

机构地区：[1]东北师范大学经济学院

出　　处：《金融发展评论》2020年第5期46-60,共15页Financial Development Review

基　　金：研究阐释党的十九大精神国家社科基金专项立项课题《全球金融治理体系改革及中国参与方案——基于人类命运共同体理论分析》(项目编号:18VSJ045);中央高校基本科研业务费专项资金资助(东北师范大学社会科学青年基金团队项目)《金融衍生产品市场助推银行业宏观审慎监管实施机制研究》(项目编号:20QT002)阶段性研究成果

摘　　要：本文实证分析表明,一级资本充足率能够较强的约束商业银行信贷供给增长,且能够增加商业银行信贷资金的配给效率。流动性比率和存贷比对商业银行信贷供给增长率的影响并不是很显著。从资本监管与流动性监管的协同效应来看,资本充足率(非一级资本充足率除)增加和流动性持有增加会增加商业银行的信贷供给增速和净息差,这说明信贷供给增速伴随的是信贷资源向实体经济配置效率的降低。Empirical study show that tier 1 capital requirement can strongly restrain commercial banks’credit growth rate and improve the efficiency of loan distribution.Liquid ratio and loan-to-deposit ratio seem not affect banks’credit growth rate.However,when liquidity held by commercial banks increases,net interest margin also widens,which means low efficiency of loan distribution.Due to the synergy between capital and liquidity requirements,increase in capital ratio(not tierl capital ratio)and liquidity holding can push up credit growth rate and widen net interest margin which indicates that loan growth is companied by lowering the efficiency of loan distribution.

关 键 词：资本约束 流动性约束 银行信贷 净息差 

分 类 号：F832.33[经济管理—金融学]