利率增加在银行危机传染中的作用及其机理

The Role and Mechanism of the Interest Rate Rise on the Banking Crises Contagion

利率增加会导致银行资产质量下降、增加银行筹资成本、增加银行的风险偏好,从而加大银行危机传染风险。利率变化本身不仅可以成为危机扩散的催化剂,而且还可以成为银行危机扩散的衡量指标;在利率政策的制定和实施过程中,一定要严防由于金融风险的累积而发生银行危机。

Interest rate rise can cause the decrease of bank asset quality, increase the bank cost to raise money, increase bank risk, and increase bank crises contagion. The change of interests rate can not only become a catalytic agent of crises spread but also become an index to measure bank crises spread. In the process of making and implementing of interests rate, bank crises from financial crisis accumulation must be prevented.