本文關(guān)鍵詞：貨幣政策通過銀行信貸渠道傳導(dǎo)的有效性分析，由筆耕文化傳播整理發(fā)布。

貨幣政策通過銀行信貸渠道傳導(dǎo)的有效性分析

Effectiveness analysis of monetary policy transmission by bank credit channels

[1] [2]

SUN Yanhong, ZHANG Hong （School of Management, University of Science and Technology of China, Hefei 230026, China）

中國科學(xué)技術(shù)大學(xué)管理學(xué)院,安徽合肥230026

文章摘要：在考慮銀行個(gè)體資本水平和存款水平差異的基礎(chǔ)上，通過構(gòu)建模型分析了銀行個(gè)體受到資本充足率和存款準(zhǔn)備金率雙重約束時(shí)的最優(yōu)信貸決策行為，并對(duì)壟斷競爭的貸款市場進(jìn)行均衡分析，研究了不同情況下貨幣政策變化通過銀行信貸渠道傳導(dǎo)的有效性．研究結(jié)果表明，①當(dāng)所有銀行均資本充足并能滿足存款準(zhǔn)備金率約束時(shí)，貨幣政策的銀行信貸渠道傳導(dǎo)是有效的；當(dāng)所有銀行的資本均不夠充足或均不能滿足存款備金率約束時(shí)，貨幣政策的銀行信貸渠道傳導(dǎo)完全失效；②資本充足并能滿足存款準(zhǔn)備金率約束的銀行在貸款市場中的比例越高，貨幣政策的銀行信貸渠道傳導(dǎo)更加有效．

Abstr：The optimal credit-decision behavior of an individual bank constrained by both capital adequacy and deposit reserve ratios was analyzed considering the differences in the capital and deposit levels between banks. Besides, effectiveness of the monetary policy transmission by bank credit channels was studied in the monopolistic competition loan market under different cases by equilibrium analysis. The results indicate that： （1） when all hanks have adequate capital and satisfy the deposit reserve ratio constraint, the bank credit channel transmission of the monetary policy is effective; while when the capital of all banks is not adequate or none of the banks can satisfy the deposit reserve ratio constraint, the transmission is absolutely ineffective; （2） the higher the proportion of banks that have adequate capital and satisfy the deposit reserve ratio constraint in the loan market is, the more effective is the bank credit channel transmission of the monetary policy.

文章關(guān)鍵詞：

Keyword：:monetary policy credit channel transmission capital adequacy deposit reserve ratio

課題項(xiàng)目：國家自然科學(xué)基金（71101135）,中國博士后科學(xué)基金（20110490818）資助.

作者信息：會(huì)員可見

  本文關(guān)鍵詞：貨幣政策通過銀行信貸渠道傳導(dǎo)的有效性分析，由筆耕文化傳播整理發(fā)布。