阿根廷金融危机中银行差异性研究——基于面板数据的实证分析

Performance of Different Banks in Argentina Financial Crisis

危机中导致银行体系出现困难的三个主要的风险因素是:银行资产负债表上不断上升的美元化趋势;对政府贷款的日益增加和银行存款的流失。但是不同类型的银行在这三个方面存在着明显的差异--那就是,面对宏观经济波动的冲击,并不是所有的银行所受的损失都一样大。而且,针对1998年～2001年所进行的面板数据估计表明,存款者能够辨别出银行风险的高低。因此,在这场由挤兑引发的银行危机中,并不是所有的银行都表现出了一样的行为。

There are three major risks resulting in the difficulties in the banking system： the deepening of dollorization tendency in the bank＇s balance sheet, the steady increase of government loans and the drain of bank deposits. Different banks will have different performance in these three aspects. In other words, under the impact of the turbulence of macro-economy, all the banks will not suffer the same loss. In addition, the assessment based on the panel data between 1998 and 2001 shows that the depositors have the ability to recognize whether the banking risk is high or low. As a result, in the banking crisis resulting from running, not all banks have taken the same behavior.