经济政策不确定性与商业银行效率——兼论利率市场化的调节作用  

Uncertainty of Economic Policy and Efficiency of Commercial Banks——Also on the Regulatory Role of Marketization of Interest Rate

作　　者：王百欢[1] WANG Bai-huan(School of Economic Management,Jilin Police College,Changchun Jilin 130117,China)

机构地区：[1]吉林警察学院经济管理系,吉林长春130117

出　　处：《内蒙古社会科学》2020年第5期130-137,共8页Inner Mongolia Social Sciences

摘　　要：新时期,经济发展一方面对商业银行服务实体经济的能力提出了更高要求,另一方面,由此而生的经济政策不确定性增强导致商业银行效率降低。保持政策的一致性和相对平稳性,引导市场主体的政策预期,同时发展商业银行多元化收入结构,是应对经济政策不确定性风险的有效手段。利率市场化能够缓冲经济政策不确定性对商业银行效率的负向影响,国有商业银行和股份制商业银行中这一效果尤其显著,因而充分利用利率周期,优化运营模式,才能够灵活应对经济政策变化。地方性商业银行受经济政策不确定性的影响最大,且利率市场化难以发挥调节作用,因此,应提升资源利用率,通过降低市场集中度等方式增强自身竞争力。In the new era,on the one hand,economic development has put forward higher requirements for commercial banks'ability to serve the real economy;on the other hand,the resulting increase in the uncertainty of economic policy has led to a reduction in the efficiency of commercial banks.Maintaining policy consistency and relative stability,guiding the policy expectations of market players,and developing a diversified income structure of commercial banks are effective means to deal with the risk of economic policy uncertainty.Interest rate marketization can cushion the negative impact of economic policy uncertainty on the efficiency of commercial banks.This effect is particularly significant among state-owned commercial banks and joint-stock commercial banks.Therefore,it is necessary to make full use of interest rate cycles and optimize operating models to respond flexibly economic policy changes.Local commercial banks are most affected by the uncertainty of economic policies,and it is difficult for interest rate marketization to play a regulatory role.Therefore,they should increase resource utilization and enhance their competitiveness by reducing market concentration.

关 键 词：经济政策不确定性 商业银行效率 利率市场化 金融自由化 

分 类 号：F832.33[经济管理—金融学] F837.12