本文選題：影子銀行 + 經(jīng)濟影響��； 參考：《吉林大學(xué)》2014年碩士論文

【摘要】：在金融創(chuàng)新和“金融脫媒化”的共同推動作用下，世界金融市場的格局已經(jīng)朝著多元化的結(jié)構(gòu)發(fā)展，金融全球化是當(dāng)今時代金融發(fā)展的總體趨勢。在全球影子銀行體系迅速膨脹的時候，中國的金融市場也無法抵擋影子銀行天生融資優(yōu)勢的魅力。2007年影子銀行一詞一經(jīng)提出，就迅速引起各界學(xué)者的廣泛關(guān)注，但究其根源，早在金融衍生品市場逐步繁榮之初，影子銀行就初具雛形，并且一直處于監(jiān)管的灰色地帶。直到2008年席卷全球的金融危機爆發(fā)后，全球金融監(jiān)管當(dāng)局才意識到影子銀行體系隱藏的巨大系統(tǒng)性風(fēng)險。本文在分析國內(nèi)外影子銀行體系的形成過程之后，采取實證研究的方法，探討影子銀行的發(fā)展對國內(nèi)實體經(jīng)濟的影響，最后，通過借鑒國外基本成型的金融監(jiān)管模式，針對國內(nèi)監(jiān)管現(xiàn)狀，提出我國對影子銀行監(jiān)管的政策建議，以引導(dǎo)影子銀行在規(guī)避金融危機風(fēng)險的同時，充分發(fā)揮其金融促進作用。本文一共分為五個章節(jié)： 第一章介紹了本文的選題背景和研究意義，簡要地概述了國內(nèi)外對于影子銀行體系的研究現(xiàn)狀。影子銀行體系在國外已經(jīng)成為金融市場的中流砥柱，而在中國，由于金融創(chuàng)新不足和嚴(yán)格的金融監(jiān)管，影子銀行尚處于起步階段。對比國內(nèi)外學(xué)者的研究情況，有助于分析本國未來的研究方向。 第二章主要是對影子銀行體系的概述，根據(jù)官方給出的定義，對影子銀行涵蓋范圍進行了簡單的探討。通過影子銀行和傳統(tǒng)商業(yè)銀行之間的對比，來分析在金融創(chuàng)新背景下的影子銀行體系的特點，同時探討新興的互聯(lián)網(wǎng)金融和影子銀行之間千絲萬縷的聯(lián)系。 在第三章，本文重點對國內(nèi)外的影子銀行體系進行對比，首先分析了國內(nèi)外影子銀行體系的形成過程，以國外發(fā)展模式為啟示，探索我國影子銀行發(fā)展的出路，然后分析國內(nèi)外影子銀行體系的差別，從我國影子銀行的現(xiàn)存狀態(tài)出發(fā)，尋找適合我國金融環(huán)境的監(jiān)管對策。 第四章是本文的實證章節(jié)，本文選取影子銀行的規(guī)模、國內(nèi)生產(chǎn)總值和貨幣供應(yīng)量作為三個變量，，通過X12方法去除季節(jié)性因素對經(jīng)濟序列的影響，構(gòu)建VAR模型，用脈沖響應(yīng)函數(shù)和方差分解來分析影子銀行對國民經(jīng)濟和貨幣政策的影響，并用模型對上述影響程度做出估計。 本文第五章著重探討影子銀行的監(jiān)管問題。在2008年金融危機爆發(fā)后，國外的影子銀行監(jiān)管體系就如火如荼地建立起來，本文在借鑒國外的金融監(jiān)管經(jīng)驗后，提出符合我國現(xiàn)階段影子銀行和金融市場發(fā)展的金融監(jiān)管建議，以降低影子銀行體系的系統(tǒng)性風(fēng)險。
[Abstract]:With the joint promotion of financial innovation and financial disintermediation, the pattern of world financial market has developed towards a diversified structure. Financial globalization is the general trend of financial development in the present era. At a time when the global shadow banking system was expanding rapidly, China's financial markets were unable to resist the charm of shadow banking's inherent financing advantages. The term shadow banking, as soon as it was proposed in 2007, attracted widespread attention from scholars from all walks of life, but its root causes were investigated. As early as the derivatives market began to flourish, shadow banking has taken shape, and has been in the regulatory gray zone. It was not until the global financial crisis that engulfed the world in 2008 that global financial regulators realized the huge systemic risks hidden in the shadow banking system. After analyzing the forming process of the shadow banking system at home and abroad, this paper adopts the method of empirical research to discuss the influence of the development of the shadow banking on the domestic real economy. In view of the present situation of domestic supervision, this paper puts forward some policy suggestions on the supervision of shadow banking in our country, in order to guide the shadow banks to play a full role in promoting finance while avoiding the risk of financial crisis. This paper is divided into five chapters: The first chapter introduces the background and significance of this paper, and briefly summarizes the research status of shadow banking system at home and abroad. Shadow banking system has become the mainstay of financial market in foreign countries. In China, shadow banking is still in its infancy due to inadequate financial innovation and strict financial supervision. Comparing the research situation of domestic and foreign scholars, it is helpful to analyze the future research direction of our country. The second chapter is an overview of the shadow banking system, according to the definition given by the official, the shadow banking coverage is discussed briefly. Through the comparison between shadow banking and traditional commercial banks, this paper analyzes the characteristics of shadow banking system under the background of financial innovation, and probes into the inextricable links between the emerging Internet finance and shadow banks. In the third chapter, this paper focuses on the contrast of shadow banking system at home and abroad. Firstly, it analyzes the formation process of shadow banking system at home and abroad, and explores the way out for the development of shadow banking in China. Then it analyzes the differences of shadow banking system at home and abroad and looks for the regulatory countermeasures suitable for the financial environment of our country from the existing state of shadow banking in our country. The fourth chapter is the empirical chapter of this paper, this paper selects the size of shadow banking, GDP and money supply as three variables, through X12 method to remove seasonal factors on the economic series, build VAR model. Impulse response function and variance decomposition are used to analyze the influence of shadow banking on national economy and monetary policy. The fifth chapter focuses on the supervision of shadow banking. After the financial crisis broke out in 2008, the foreign shadow banking supervision system has been set up in full swing. After drawing lessons from the experience of foreign financial supervision, this paper puts forward some financial supervision suggestions which accord with the development of shadow banking and financial market in China at the present stage. To reduce systemic risk in the shadow banking system.
【學(xué)位授予單位】：吉林大學(xué)
【學(xué)位級別】：碩士
【學(xué)位授予年份】：2014
【分類號】：F832.1;F124

【參考文獻】

中國期刊全文數(shù)據(jù)庫 前10條

1 周莉萍;;影子銀行體系的機制及其脆弱性[J];銀行家;2010年12期

2 王達;;論美國影子銀行體系的發(fā)展、運作、影響及監(jiān)管[J];國際金融研究;2012年01期

3 于菁;;影子銀行問題研究述評[J];山東工商學(xué)院學(xué)報;2013年01期

4 徐軍輝;;中國式影子銀行的發(fā)展及其對中小企業(yè)融資的影響[J];財經(jīng)科學(xué);2013年02期

5 胡雪琴;;從風(fēng)險視角探討影子銀行及其中國化現(xiàn)狀[J];金融管理與研究;2011年09期

6 閆超;趙毓芙;;影子銀行體系與金融監(jiān)管改革[J];衡水學(xué)院學(xué)報;2010年05期

7 易憲容;;“影子銀行體系”信貸危機的金融分析[J];江海學(xué)刊;2009年03期

8 何德旭;鄭聯(lián)盛;;影子銀行體系與金融體系穩(wěn)定性[J];經(jīng)濟管理;2009年11期

9 秦嶺;;美國“影子銀行”的風(fēng)險與監(jiān)管[J];金融法苑;2009年02期

10 周莉萍;;影子銀行體系的信用創(chuàng)造:機制、效應(yīng)和應(yīng)對思路[J];金融評論;2011年04期

本文編號：1803619