中国存款保险基金规模充裕性测度:理想与现实  

Measurement of the Adequacy of Deposit Insurance Fund Scale in China:Ideal and Reality

作　　者：周镕基 姚帅[1,2] 段进东 吴思斌[4] Zhou Rongji;Yao Shuai;Duan Jindong;Wu Sibin(Faculty of Economics and Management,Hengyang Normal University,Hengyang,Hunan province 421002;School of Business,Macao University of Science and Technology,Taipa,Macao SAR 999078,China;College of Economics and Management,Nanjing University of Aeronautics&Astronautics,Nanjing,Jiangsu province 210024;School of Business,University of Texas Rio Grande Valley,Edinburg,Texas 78541)

机构地区：[1]衡阳师范学院经济与管理学院,湖南衡阳421002 [2]澳门科技大学商学院,中国澳门特别行政区氹仔999078 [3]南京航空航天大学经济与管理学院,江苏南京210024 [4]美国德克萨斯大学大河谷分校商学院,德克萨斯爱丁堡78541

出　　处：《财经理论研究》2023年第6期83-96,共14页Journal of Finance and Economics Theory

基　　金：国家社会科学基金项目(21BJY257);湖南省创新平台开放基金项目(2022HSKFJJ034);湖南省自然科学基金项目(2019JJ4024);湖南省哲学社会科学重点研究基地项目(2019379)。

摘　　要：美国硅谷银行和签名银行的破产为全球存款保险制度变革带来新的警示,本文搭建一个符合复杂配置问题特性的存款保险市场博弈竞争框架,并在博弈竞争框架的基础上推导了一个解决衡量存款保险基金规模充裕性问题的理想定价测度模型,进一步结合2015—2021年38家中国上市银行的实际观测数据进行模拟测度。研究结果表明:中国存款保险基金现实储备水平符合理想“有限充裕”状态,且在系统性银行与非系统性银行赔付标准下,一般风险冲击对中国存款保险基金充裕性的影响效应存在明显差异。建议尽快推行基金储备目标制、建立商业银行综合数据库并推行银行分类监管标准框架。The bankruptcy of Silico Valley Bank and Signature Bank in the United States has brought new warnings to the transformation of global Deposit Insurance System.This paper constructs a competition game framework for Deposit Insurance market that conforms to the characteristics of complex allocation problems.And based on the competition game framework,an ideal pricing measurement model to solve the problem of measuring the adequacy of Deposit Insurance Fund scale is deduced,and then the measurement based on the actual observation data of 38 China’s listed banks from 2015 to 2021.The research results show that the actual reserve level of Chinas Deposit Insurance Fund is in line with the ideal state of“limited abundance”.And under the different compensation standards of systemic banks and non-systematic banks,there are obvious differences in the effect of general risk shocks on the China’s Deposit Insurance Fund adequacy.It is suggested to implement the target system of fund reserve,establish the comprehensive database of commercial banks,and put forward the standard framework of classified supervision on banks as soon as possible.

关 键 词：存款保险基金 金融稳定 储备规模 合作博弈 

分 类 号：F832.1[经济管理—金融学]