次贷危机下商业银行资本监管的反思  

Reflection on Capital Regulation on Commercial Banks Under the Background of Subprime Mortgage Crisis

作　　者：张强[1] 武次冰[2] 

机构地区：[1]湖南大学 [2]湖南大学金融学院

出　　处：《金融论坛》2010年第4期26-30,共5页Finance Forum

基　　金：国家自然科学基金(70873037);2009年湖南省研究生创新项目(CX2009B063)

摘　　要：次贷危机的爆发导致《新巴塞尔协议》三大支柱之首的资本监管饱受批评和指责,资本监管改革已经势在必行。本文回顾了商业银行资本监管的历史演进,反思次贷危机下商业银行资本监管表现的种种不足,提出了商业银行资本监管改革的方向与对策建议:建立商业银行资本监管逆周期机制,防止资本监管加剧经济的周期性波动;改进商业银行资本充足率计量体系,使得资本充足率计算更加简单化和透明化;强化对商业银行高杠杆运作的资本监管,从而限制商业银行的高杠杆运作行为;建立商业银行资本监管的激励机制,减少资本监管中的套利行为。Since the subprime mortgage crisis broke out, capital regulation, the most important one of three pillars in BASELI], had been suffering a lot of criticism, and the reform on capital regulation must be enforced. The paper reviews the evolution of capital regulation on commercial banks, reflects its deficiencies that exposed in the crisis, and proposes the direction of the reform and some suggestion. First, counter-cyclical mechanism on capital regulation should be estab- lished to make the calculation of capital adequacy ratio simpler and more transparent. Second, the capital regulation on commercial bank＇s highly leveraged operation must be strengthened to restrict such behaviors. Last but not least, an incen- tive mechanism should be built to reduce arbitrage behaviors in the capital regulation.

关 键 词：次贷危机 商业银行 资本监管 资本充足率 

分 类 号：F830.33[经济管理—金融学]