摘要
基于垄断竞争的银行业市场结构,研究银行在受到资本充足率和存款准备金率双重约束条件下,在面对货币政策冲击的情况下所做出的最优信贷决策行为。通过构造贷款市场总体均衡模型,得出以下结论:当银行满足资本充足率和存款准备金率要求时,货币政策的银行信贷传导渠道表现出有效性;而当贷款市场中的银行不能满足资本充足率或存款准备金率要求时,货币政策的银行信贷传导渠道则表现出无效性。
In a banking market with monopolistic competition structure, this paper models the optimal-decision behavior of commercial banks under capital adequacy ratio and depositreserve ratio conditions, using an aggregate equilibrium model in loan market impacted by monetary policy, it is found that there is a bank lending channel of the monetary policy transmission conducted by banking when banks in the loan market are satisfying capital adequacy ratio and deposit-reserve ratio conditions; on the other hand, the bank lending channel shows ineffectiveness when these conditions not able to fulfill.
出处
《南开经济研究》
CSSCI
北大核心
2010年第1期128-139,共12页
Nankai Economic Studies
基金
教育部新世纪优秀人才计划项目(项目号:NCET-08-0450)
西安交通大学"985工程"二期项目(项目号:07200701)
关键词
资本充足率
存款准备金率
货币政策
银行信贷渠道
Capital Adequacy Ratio
Deposit-reserve Ratio
Monetary Policy
Bank Lending Channel
