| 摘要: |
| 文章基于2013-2017年24家银行的微观数据，实证检验了货币政策银行风险承担渠 道的存在性与贷款损失准备金的调节作用，以及银行异质性特征对商业银行风险承担的异质 性影响。实证结果表明：（1）数量型和价格型货币政策风险承担效应存在，而结构型货币政策 风险承担效应不存在。（2）银行的贷款损失准备可以削弱货币政策对银行风险承担的影响。 因此，本文给出了央行应将银行风险承担状况纳入货币政策目标、实施不同的货币政策组合以 降低风险、监管当局应将贷款损失准备金率指标纳入监管框架的政策建议。 |
| 关键词: 货币政策；银行风险；加权风险资产；贷款损失准备金 |
| DOI： |
| 分类号:F831.0 |
| 基金项目: |
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| Monetary Policy and Risk- taking of Banks |
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BA Shusong HUANG Shangping1,2
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1.China Banking Association;2.Zhongnan University of Economics and Law
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| Abstract: |
| Based on micro-data of 24 banks during 2013-2017, the paper empirically comfirms the existence of banks' moneytary policy risk-taking channels, the regulating effect of loan loss reserves, as well as the impacts of heterogeneity characteristics of commercial banks on risk-taking. The empirical results show that :(1)Risk taking effect of moneytary policy exists accroding to quantiry tools and price tools, but the structured tools. (2)Bank loan loss preparation can reduce the impact of monetary policy on the risk-taking of banks. Therefore, this paper gives policy recommendations that the central bank should take risk-taking of bank into account and implement different monetary policy combination to reduce risk-taking, regulatory authorities should take the loan loss reserve ratio index into the regulatory framework. |
| Key words: Monetary Policy；Bank Risks；Weighted Risk Assets；Loan Loss Preparation |
