关于美联储银行体系最低合意准备金需求测算的最新实践  

FED’s Latest Practices in Estimating the Lowest Comfortable Level of Reserves for the Banking System

作　　者：陈娜[1] 

机构地区：[1]中国人民银行上海总部

出　　处：《中国货币市场》2019年第10期54-59,共6页China Money

摘　　要：估算商业银行准备金需求是美联储和业界共同关心的问题。多种方法均显示,现阶段准备金需求总量显著高于金融危机之前的水平,但低于过去五年的平均水平。然而,估算未来银行体系最低准备金需求水平尤为困难。为系统了解银行准备金管理策略,美联储行长理事会和纽约联邦储备银行联合开展了高级金融管理人员问卷调查,结果测算得到银行体系最低合意准备金需求在6500亿~9000亿美元之间。Estimating the demand for bank reserves has become a common concern of the Fed and the industry.A variety of measurements have shown that the total demand for reserves at current stage is significantly higher than that before the financial crisis,but lower than the average of the past five years.However,it is particularly difficult to estimate the lowest comfortable level of reserves for the banking system.In order to systematically understand the reserve management strategies of banks,the Federal Reserve Governors Council and the Federal Reserve Bank of New York jointly conducted a Senior Financial Officer Survey,which shows that the lowest comfortable level of reserves for the banking system is between US$650 billion and US$900 billion.

关 键 词：银行体系 金融危机 银行准备金 商业银行 管理人员 美联储 需求测算 管理策略 

分 类 号：F83[经济管理—金融学]