货币政策环境对商业银行流动性创造效率和结构的影响研究--基于同业业务视角的实证分析  

The Influence of Monetary Policy Environment on Liquidity Creation Efficiency and Structure of Commercial Banks--an Empirical Analysis From the Perspective of Inter-bank Business

作　　者：王伟涛 WANG Wei-tao(PBC Xining Central Branch,Xining,Qinghai 810001)

机构地区：[1]中国人民银行西宁中心支行,青海西宁810001

出　　处：《汕头大学学报（人文社会科学版）》2021年第1期29-37,94,共10页Journal of Shantou University(Humanities and Social Sciences Edition)

摘　　要：通过构建商业银行单位资产表内、表外流动性创造指标,分析国内货币政策、银行同业业务发展对商业银行流动性创造效率和结构的影响。研究发现,宽松的货币政策提高了商业银行总体和表内流动性创造水平,运用货币政策工具组合可以强化调控效果;同业业务发展削弱了货币政策对银行流动性创造调控的有效性。因此,应注重货币政策调控质效,做好同业业务监管协调,推动金融业供给侧结构性改革,提高实体经济对金融资源的有效需求,降低商业银行对同业业务的过度偏好。By constructing the commercial banks'liquidity creation indicators of unit assets on and off balance sheet,this paper analyzes the efficiency and structural impact of domestic monetary policy and inter-bank business participation on liquidity creation.The research shows that the loose monetary policy enhances the overall liquidity creation and liquidity creation of balance sheet.The inter-bank business weakens the effectiveness of monetary policy on bank liquidity creation.Therefore,we should pay attention to the quality and efficiency of monetary policy regulation,coordinate inter-bank business supervision,promote the supply-side structural reform of financial industry,increase the effective demand of substantial economy,and reduce banks'excessive preference for inter-bank business.

关 键 词：货币政策环境 同业业务 表内流动性创造 表外流动性创造 

分 类 号：E52[军事—军事理论] G21[文化科学—新闻学]