我国银行同业业务发展对货币政策和金融稳定的影响  

Analysis of the Impact of Chinese Interbank Business on Monetary Policy and Financial Stability

作　　者：肖崎[1] 阮健浓[1] 

机构地区：[1]华南理工大学经济与贸易学院金融系

出　　处：《国际金融研究》2014年第3期65-73,共9页Studies of International Finance

基　　金：华南理工大学中央高校基本科研业务费资助项目(2014ZM0082和2014GD03);国家社科基金青年项目(09JY013)资助

摘　　要：银行同业业务是近年来兴起并蓬勃发展的一项新业务。本文主要分析我国银行同业业务的发展现状,研究银行同业业务可能对我国货币政策和金融稳定带来的影响。银行同业业务在给微观主体带来利润和效率的同时,也给货币政策和金融稳定带来了新的挑战。2013年我国银行业出现的两次"钱荒"事件充分暴露了同业业务存在的风险隐患,金融监管部门必须重视同业业务所产生的系统关联性,加强宏观审慎管理,防范系统性风险的爆发。Interbank business is a newly developed financial innovation in China. This paper analyzes the status quo of this business and deeply explores its potential impacts on monetary policy and financial stability. Interbank business brings profit and efficiency to the micro-entity. At the same time, it brings new challenges to monetary policy and financial stability. The ＂money shortage＂ event happened twice in Chinese banking system in 2013, fully exposing the potential risks in interbank business. The regulator should pay attention to the interconnectedness in the interbank business, and enforce the macro- prudential management to avoid the outbreak of systemic risk.

关 键 词：同业业务 货币政策 金融稳定 

分 类 号：F831[经济管理—金融学]