第三方互联网支付对银行流动性影响实证研究——基于流动性偏好动机视角

An Empirical Study of Third Party Internet Payment Effect on the Commercial Liquidity From the Perspective of Liquidity Preference Motivation

第三方互联网支付快速发展对传统金融理论已经造成显著影响,特别是以货币作为经营对象的银行,其经营管理受到巨大冲击。本文以第三方互联网支付为视角,基于凯恩斯货币需求理论进行分析,同时选取第三方互联网支付与存款准备金制度相关的变量,构建模型对中资大型、中型、小型及外资银行进行误差修正分析。研究表明:第三方互联网支付的快速发展对不同类型银行流动性影响存在显著差异。

The quick development of third party payment has remarkable effects on traditional finance theories,and especially obvious impact to large-scale commercial banks,which runs aiming at currency.From the perspective of third party payment,this paper is based on Keynesian monetary demand theory.At the same time,this paper selects the relevant data and variable,establishing model,to examine the correlation between third party payment and large-scale commercial banks＇ liquidity demand.Results show that the development of third party payment will reduce transaction and liquidity demands for cash reserve of commercial banks,increase the demand for legal deposit reserve of liquidity preventive requirements,and reduce the demand for speculative liquidity as well.