银行结构、信贷渠道与货币政策效果问题研究——基于中国1997～2012年数据的实证分析

A study on the problem of banking structure,credit channel and monetary policy effect—An empirical analysis based on the data of 1997～2012 of China

在货币政策传导的信贷渠道理论中,银行处于核心地位。因此,银行结构的差异将直接影响货币政策的效果。有关研究表明,高度垄断的银行结构会弱化货币政策的效果,使货币政策的效果大大折扣。中国银行结构经历了一个从绝对垄断到相对垄断的发展过程,这是否会影响中国货币政策实施的效果呢?是一个值得研究和探索的问题。

The credit view of monetary policy, the Bank is at the heart of it. Therefore, the differences among the structure of the banking sector will directly affect the effect of monetary policy. The researches related to show that highly monopolized the banking structure will wea5ken the effect of monetary policy, monetary policy are greatly discounted. China＇s banking structure has undergone a development process from the absolute monopoly to monopoly, that the effectiveness of China＇s monetary policy implementation is affected or not is a problem worthy of research and exploration.