差别准备金动态调整机制的非对称性影响——基于大型银行和中小型银行的实证研究  

Asymmetric Effect of Dynamic Adjustment Mechanism of Differential Reserve——An Empirical Study Based on Large Banks and Small and Medium Banks

作　　者：周俊杰 陈颖颖[2] ZHOU Jun-jie;CHEN Ying-ying(School of Economics,Qingdao University,Qingdao 266100,China;Institute of Wealth Management,Qingdao University,Qingdao 266100,China)

机构地区：[1]青岛大学经济学院,青岛266100 [2]青岛大学财富管理研究院,青岛266100

出　　处：《青岛大学学报（自然科学版）》2020年第2期151-157,共7页Journal of Qingdao University(Natural Science Edition)

摘　　要：在差别准备金率政策基础上,对16家上市商业银行2007~2017年的面板数据进行回归分析,实证检验了差别准备金动态调整机制对大型银行和中小型银行在信贷投放和经营策略方面的非对称性,研究结果表明,差别准备金动态调整机制的实施能够弥补上调存款准备金率为商业银行所带来的利润损失,鼓励各银行优化资产结构,进而提高自身盈利水平,而且中小银行的信贷投放行为对差别存款准备金率的调整更为敏感。但是,差别准备金动态调整机制的实施容易导致中小银行过度依赖于以存贷款的利息差获取利润的传统信贷业务,而忽视对金融产品的创新和其他业务的发展。因此,量化和分析差别准备金动态调整机制对大型银行和中小型银行的非对称性影响对完善和优化差别存款准备金制度、促进金融市场公平有序的发展有着重要的意义。Based on the policy of different preparation rate,panel data of 16 listed commercial banks in 2007-2017 is used for regression analysis,and the asymmetry of dynamic adjustment mechanism of differential reserve in the credit supply and management strategy of large banks and small and medium banks is tested by empirical research,it is showed that,by the implementation of the dynamic adjustment mechanism of differential reserve,the profit loss brought by the increase of the reserve ratio can be made up,banks are encouraged to optimize their asset structure,and then their own profit level are improved.Moreover,the credit release behavior of small and medium-sized banks is more sensitive to the adjustment of the differential reserve ratio.However,the implementation of the dynamic adjustment mechanism of differential reserve tends to lead small and medium-sized banks to over rely on the traditional credit business which gains profits from the interest difference between deposits and loans,while ignoring the innovation of financial products and the development of other businesses.Therefore,it is of great significance to quantify and analyze the asymmetric impact of dynamic adjustment mechanism of differential reserve on large banks and small and medium banks to improve and optimize the system of differential reserve and promote the fair and orderly development of financial market.

关 键 词：差别准备金动态调整机制 信贷 经营效应 非对称性 

分 类 号：F830[经济管理—金融学]