信贷存量沉淀与银行资产证券化发展  

Credit Stock Accumulation and Development of Bank Securitization

作　　者：李佳[1] 孟祥众 LI Jia;MENG Xiang-zhong

机构地区：[1]山东师范大学经济学院,济南250358 [2]上海财经大学金融学院

出　　处：《金融论坛》2023年第7期58-69,80,共13页Finance Forum

基　　金：山东省社会科学规划项目:“金融支持山东深度融入‘一带一路’建设的优化路径研究”(21CJJJ31)。

摘　　要：本文基于银行业面板数据,研究了信贷存量沉淀与银行资产证券化发展的关系,结果表明:基于盘活存量的现实需求,信贷存量沉淀显著促进了银行资产证券化发展,该促进作用在非上市银行、金融发展程度较低区域和中西部地区更为明显,而且资产流动性结构恶化与风险承担上升等不利变化是信贷存量沉淀促进资产证券化发展的重要机制,进一步分析也表明信贷存量沉淀对银行资产证券化发展的推动作用具有显著的持续性。Based on the panel data of the banking industry,this paper studies the relationship between credit stock accumulation and the development of bank securitization.The results show that,based on the realistic demand for activating the stock,credit stock accumulation significantly promotes the development of bank securitization,and this promotion effect is more obvious in non-listed banks,regions with lower levels of financial development,and central and western regions;moreover,the adverse changes such as the deterioration of asset liquidity structure and the rise in risk-taking are important mechanisms for credit stock accumulation to promote the development of securitization;the further analysis also shows that credit stock accumulation has significant sustainability in promoting the development of bank securitization.

关 键 词：信贷存量 沉淀 银行 资产证券化 

分 类 号：F832.51[经济管理—金融学] F832.4