本文選題：影子銀行 + 金融體系穩(wěn)定性��； 參考：《東北師范大學(xué)》2014年碩士論文

【摘要】：近年來,中國影子銀行規(guī)模迅速增長,已成為中國金融體系中不可忽視的一股重要力量。影子銀行作為金融創(chuàng)新的重要產(chǎn)物之一,對金融體系穩(wěn)定性有著雙層影響：一方面,影子銀行影響了宏觀調(diào)控措施的施行,弱化了貨幣政策效果,并且其高杠桿、不透明特征導(dǎo)致風(fēng)險在金融體系內(nèi)部傳遞,對金融體系穩(wěn)定是一個巨大的挑戰(zhàn)；另一方面,影子銀行在一定程度上彌補(bǔ)了中國投融資之間的資金缺口,是實體經(jīng)濟(jì)的重要服務(wù)者,是信貸擴(kuò)張的需要。所以如果能引導(dǎo)影子銀行成為合法的間接融資渠道來為實體經(jīng)濟(jì)服務(wù),則更有利于金融體統(tǒng)的穩(wěn)定發(fā)展。 本文在分析兩者影響機(jī)制后,采用2004-2013年的年度數(shù)據(jù)對影子銀行和金融體系穩(wěn)定性進(jìn)行測度,并通過建立模型來實證研究二者之間的關(guān)系。結(jié)果發(fā)現(xiàn),影子銀行規(guī)模與金融體系穩(wěn)定性呈現(xiàn)為一種倒U形關(guān)系,當(dāng)影子銀行相對規(guī)模小于48%時,金融體系穩(wěn)定性隨著影子銀行相對規(guī)模的擴(kuò)大而提升；當(dāng)影子銀行相對規(guī)模大于48%后,金融體系穩(wěn)定性隨著影子銀行相對規(guī)模的擴(kuò)大而下降。 對于影子銀行的存在,不能孤立、片面、消極的一票否定,政府應(yīng)該允許影子銀行適度發(fā)展。但必須正確處理好正規(guī)金融體系和影子銀行體系的關(guān)系,加強(qiáng)對影子銀行規(guī)模的監(jiān)測。從規(guī)范表外業(yè)務(wù)、組建專門的影子金融監(jiān)管協(xié)作委員會、加快民間借貸立法建設(shè)三個方面建立趨于規(guī)范化的影子銀行監(jiān)管體系,確保不發(fā)生區(qū)域性、系統(tǒng)性的金融風(fēng)險,威脅金融體系穩(wěn)定性。
[Abstract]:In recent years, the rapid growth of shadow banking in China has become an important force in China's financial system. As one of the important products of financial innovation, shadow banking has a double influence on the stability of financial system. On the one hand, shadow banking affects the implementation of macro-control measures, weakens the effect of monetary policy, and has high leverage. The opaque characteristics lead to the transmission of risk within the financial system, which is a huge challenge to the stability of the financial system. On the other hand, the shadow banks, to some extent, have made up for the gap between investment and financing in China. Is the entity economy important service person, is the credit expansion need. So if the shadow bank can be a legal indirect financing channel to serve the real economy, it will be more conducive to the stable development of financial system. After analyzing the influence mechanism of the two methods, this paper uses the annual data from 2004-2013 to measure the stability of shadow banking and financial system, and establishes a model to study the relationship between them. The results show that the scale of shadow bank and the stability of financial system are inversely U-shaped. When the relative scale of shadow bank is less than 48, the stability of financial system increases with the expansion of relative scale of shadow bank. When the relative size of shadow banks is greater than 48%, the stability of the financial system decreases with the expansion of the relative size of shadow banks. For the existence of shadow banking, the government should allow the shadow bank to develop moderately. However, the relationship between the formal financial system and the shadow banking system must be properly handled and the scale of shadow banking should be monitored. From the aspects of standardizing off-balance sheet business, setting up a special shadow financial supervision and coordination committee, speeding up the construction of private lending legislation and establishing a standardized shadow banking supervision system, to ensure that there are no regional and systemic financial risks, Threatening the stability of the financial system.
【學(xué)位授予單位】：東北師范大學(xué)
【學(xué)位級別】：碩士
【學(xué)位授予年份】：2014
【分類號】：F832.3;F832.1

【參考文獻(xiàn)】

相關(guān)期刊論文 前10條

1 陳劍;張曉龍;;影子銀行對我國經(jīng)濟(jì)發(fā)展的影響——基于2000—2011年季度數(shù)據(jù)的實證分析[J];財經(jīng)問題研究;2012年08期

2 王浩云;;對我國影子銀行的產(chǎn)生、現(xiàn)狀與法律監(jiān)管的思考[J];福建農(nóng)林大學(xué)學(xué)報(哲學(xué)社會科學(xué)版);2012年04期

3 嚴(yán)露;葉盛;;影子銀行對我國目前貨幣政策的挑戰(zhàn)[J];經(jīng)營管理者;2013年20期

4 潘陽春;;基于綜合穩(wěn)定指數(shù)的中國金融體系穩(wěn)定性研究[J];華東交通大學(xué)學(xué)報;2012年01期

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

6 李建軍;田光寧;;影子銀行體系監(jiān)管改革的頂層設(shè)計問題探析[J];宏觀經(jīng)濟(jì)研究;2011年08期

7 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(jì)管理;2009年11期

8 何建雄;建立金融安全預(yù)警系統(tǒng):指標(biāo)框架與運(yùn)作機(jī)制[J];金融研究;2001年01期

9 張麗軍;;現(xiàn)階段國內(nèi)影子銀行體系構(gòu)成及其影響分析[J];華北金融;2012年01期

10 張珂;;影子銀行對我國金融穩(wěn)定性的影響與監(jiān)管對策[J];經(jīng)濟(jì)研究導(dǎo)刊;2013年02期

，

本文編號：2028281