存款保险制度、政府法治信用与公众存款人的市场信心  

Deposit Insurance System, Government Credit in Law and the Depositors’ Market Confidence

作　　者：韩喜昆 马德功[2] 张坤[2] HAN Xikun;MA Degong;ZHANG Kun(Henan Normal University,Business School,Xinxiang Henan 453000,China;Sichuan University,School of Economics,Chengdu Sichuan 610000,China)

机构地区：[1]河南师范大学商学院,河南新乡453000 [2]四川大学经济学院,四川成都610000

出　　处：《北京理工大学学报（社会科学版）》2021年第2期92-100,共9页Journal of Beijing Institute of Technology：Social Sciences Edition

基　　金：国家社科基金项目(19BJL075);河南师范大学博士科研启动费项目(5101089171157);中央高校基本科研项目研究(2019自研—经济005)。

摘　　要：使用全球130个国家(或地区)的跨国样本,将存款保险制度视为一种准自然实验,通过PSM模型与双向固定面板模型,研究了存款保险制度如何影响公众存款人的市场信心,并得出以下结论:(1)建立存款保险制度能够对公众存款人的市场信心产生明显的正向处置效应,进一步的分样本检验显示这种处置效应具有差异性,即相比于发展中经济体,存款保险制度对存款人市场信心产生的正向处置效应在发达经济体中更为显著。(2)政府的法治信用情况,与存款保险制度对存款人市场信心产生的处置效应有显著的相关关系,具体而言,政府的法治信用状况越高,以法律形式确立的存款保险制度为公众存款人提供的市场预期更具社会公信力,从而能够更好地发挥制度效应,维护公众存款人对银行体系的市场信心。Using the multinational samples of 130 countries(or regions) in the world, this paper regards the deposit insurance system as a quasi-natural experiment, studies how the deposit insurance system affects the market confidence of the public depositors through PSM model and two-way FE model, then draws the following conclusions. Firstly, the establishment of the deposit insurance system has a significant positive disposal effect on the market confidence of the public depositors, and the further sub sample test results show that the disposal effect is different, compared with developing economies, the positive effect of deposit insurance system on depositors’ market confidence is more significant in developed economies. Secondly, there is a significant correlation between the rule of law credit of a government and the disposal effect of deposit insurance system on the market confidence of depositors, In other words, the higher the government’s legal credit status, the more social credibility the deposit insurance system established in the form of law provides for the market expectations of the public depositors,which can give full play to the function of the system,and then maintain the depositors’ market confidence in the banking system.

关 键 词：存款保险制度 政府法治信用 市场信心 PSM模型 双向固定效应模型 

分 类 号：F831.1[经济管理—金融学]