摘要
本文研究了房地产市场价格变动对银行资本充足率顺周期性的影响,并对不同类型银行以及在房价上涨和下跌不同阶段,房地产市场价格变动对资本充足率影响的非对称性进行研究。结果表明:(1)房地产价格波动对加剧银行资本充足率顺周期性具有显著影响;(2)房地产价格变动对银行资本充足率顺周期性的影响具有非对称性。
This paper assesses the pro-cyclical effects of the changes of real estate market price on the capital adequacy ratio of the bank, and evaluates the extent of those effects on the types of banks and different real estate price change stages. It is found out that real estate price fluctuations have a significant pro-cyclical effect on the capital adequacy ratio of banks; and this pro-cyclical effects are asymmetry. Commercial banks are more vulnerable to the declining price of real estate market than state owned ones. In addition, real estate price decline has a more significant influence on the capital ratio of the bank than rising price. Finally it proposes that the consequent financial stability problems are worth concern.
出处
《上海交通大学学报（哲学社会科学版）》
CSSCI
北大核心
2011年第3期50-55,共6页
Journal of Shanghai Jiao tong University(Philosophy and Social Sciences)
基金
国家社会科学基金重点项目(09AJY003)
