發(fā)布時間：2018-03-13 07:18

  本文選題：信用風(fēng)險轉(zhuǎn)移　切入點：銀行穩(wěn)定性　出處：《金融研究》2011年11期 　論文類型：期刊論文

【摘要】：本文通過建立理論模型研究風(fēng)險資產(chǎn)流動性對銀行持有風(fēng)險資產(chǎn)的行為以及銀行穩(wěn)定性的影響。得出風(fēng)險資產(chǎn)的流動性盡管有助于銀行以較小損失變現(xiàn)資產(chǎn),卻會鼓勵銀行承擔(dān)更多風(fēng)險(即持有更多風(fēng)險資產(chǎn)),反而會降低銀行穩(wěn)定性;但如果危機期間,中央銀行通過公開市場操作、貼現(xiàn)窗口甚至直接購買風(fēng)險資產(chǎn)的形式提高市場流動性,就能夠提高銀行穩(wěn)定性。這就要求我國在促進信用衍生產(chǎn)品發(fā)展的同時有必要實施BaselⅢ,監(jiān)管銀行的流動性風(fēng)險和提高其資本質(zhì)量,引導(dǎo)其審慎經(jīng)營。
[Abstract]:By establishing a theoretical model to study the influence of liquidity of risky assets on the behavior of banks holding risky assets and the stability of banks, this paper draws a conclusion that liquidity of risky assets can help banks realize assets with small losses. It would encourage banks to take on more risk (that is, to hold more risky assets), which would reduce bank stability; but if central banks operate through the open market during a crisis, The discount window can improve the stability of banks by increasing the liquidity of the market by buying risk assets directly, which requires that China should implement Basel 鈪，

本文編號：1605341