基于宏观审慎管理框架的存款非理性定价预警机制研究

Research on the Early Warning Mechanism of Irrational Deposit Pricing Based on the the Macro-prudential Management Framework

本文在系统梳理存款定价、非理性定价对银行的影响以及宏观审慎管理的国内外研究理论的基础上,界定了存款非理性定价行为的概念、识别标准,并融入宏观审慎管理理论分析了影响存款非理性定价判定标准的因素;创新性地提出了基于宏观审慎管理框架的存款非理性定价预警机制,设置了稳健性调整参数、宏观经济热度调整参数、区域竞争调整参数和扩散调整参数,并采用综合指数法构建了区域存款非理性定价预警模型。最后,对应不同的预警等级,设置了不同的纠偏行动,从构建存款非理性定价预警机制的顶层设计出发,在加强利率定价预警、提高行业自律约束、提升行业定价能力等方面提出了相关政策建议。

The paper combs the domestic and foreign research on deposit pricing, the influence of irrational pricing on banks and macro-prudential management, defines the concept and identification standard of irrational deposit pricing behavior, analyzes the factors that affect the deposit irrational pricing judgment integrated with the macro-prudential management theory. Weput forward the early warning mechanism of irrational deposit pricing based on the macro-prudential management framework, set the robustness, macro-economic development, regional external competition and diffusion parameters, and adopt the comprehensive index method to construct the early warning model of regional deposit irrational pricing. Finally, we set different corrective actions according to the grade of different warning and propose policy recommendations on improving the interest rate pricing warning, self-discipline of the industry and pricing ability from the prospective of building the top design of early warning mechanism of irrational deposit pricing.