摘要
采用中国银行业2007~2014年数据,实证研究过度贷款对中国银行业流动性创造的影响。研究结果表明:从银行业整体来看,贷款过度增长率、不良贷款率均与流动性创造呈显著正向关系,证实了流动性螺旋假说。就不同银行类型而言,贷款过度增长率与流动性创造呈显著正相关关系,不受银行类型影响;不良贷款率与流动性创造之间的关系因银行类型不同而呈现差异性,国有银行不良贷款率越高,其流动性创造也越高;而对股份制商业银行和城市商业银行而言,二者存在着显著的负向关系。相关结论可为银行监管当局制定合理的信贷与流动性监管政策提供重要参考。
Based on the data from 2007 to 2014 of China's banking industry,the paper empirically studies the influence that excessive lending has on bank liquidity creation. The results show that the excessive lending growth ratio and non-performing loan ratio all have significantly positive effects on the liquidity creation for the whole banking industry,which conform to the liquidity spiral hypothesis. In terms of different bank types,excessive lending growth ratio was significantly positively-related to liquidity creation regardless of the type of banks. The relationship between the NPL ratio and liquidity creation present differences because of banks' type,the relationship between state-owned banks NPL ratio and its liquidity is remarkably positive,and for joint-stock commercial banks and city commercial banks,there is a significantly negative relationship between the two. In this paper,the conclusion can provide important reference for bank regulators to formulate reasonable credit and liquidity regulatory policy.
出处
《金融经济学研究》
CSSCI
北大核心
2015年第6期39-48,共10页
Financial Economics Research
基金
国家自然科学基金项目(71173241
71473275)
教育部新世纪优秀人才支持计划项目(CET-10-0830)
