商业银行资产负债表结构与货币政策传导渠道——基于银行贷款渠道的视角  

The Balance Sheet Structure of Commercial Banks and Monetary Policy Transmission Channels——Based on the Perspective of Bank Lending Channel

作　　者：廖慧[1] 马泽昊[1] 郑子龙[1] 

机构地区：[1]南开大学经济学院金融学系

出　　处：《经济与管理研究》2013年第10期101-107,共7页Research on Economics and Management

摘　　要：本文基于21家商业银行2004～2011年间的非平衡面板数据，分析商业银行资产负债表的结构特征对银行贷款渠道的影响。研究发现：（1）从商业银行资产负债表特征来看，可以通过影响存款准备金而间接影响商业银行贷款，商业银行的资产负债表的结构（主要是指资本充足率水平和融资结构水平）在一定程度上也会减弱存款准备金率所产生的效果，尽管资本充足率和银行融资结构对于商业银行信贷投放的直接影响不显著。（2）存款准备金率的效果是最显著的，利率对于银行信贷投放影响并不显著，贷款需求的影响作用其次。Based on 2004- 2011 unbalanced panel data of 21 commercial banks,the paper analysizes commercial banks＇ balance sheet structure on the impact of bank lending channel. The Results show that RRR for the bank credit is the most significant ,the interest rate is not significant, demand for loans secondly. For the cross effects of commercial banks＇ balance sheet characteristics with RRR,although capital adequacy ratios and bank financing structures of commercial banks have no direct impact on the bank credit,affect bank credit indirectly through the RRR. To some extent,balance sheets of commercial banks （mainly refers to the capital adequacy ratio and financing structures） can weak the effect of RRR.

关 键 词：银行贷款渠道 存款准备金率 资本充足率 融资结构 

分 类 号：F832.4[经济管理—金融学]