货币政策风险承担渠道存在性验证——基于商业银行视角

The Risk of Monetary Policy Assumes the Existence Verification——Based on the Perspective of Commercial Bank

2008年全球金融危机后,学术界认为世界各国普遍采用长期过度宽松的货币政策,致使金融危机的发生。据统计,截至2015年底,我国商业银行的不良贷款高达12744亿元(不良贷款率1.67%)。同时不良贷款还将以40%左右的增速持续增长。因此,针对当前货币政策风险承担渠道现有研究的不足,以及我国商业银行不良贷款屡创新高的事实,本文据此开展货币政策与当前金融风险之间的关系,以及风险承担渠道在我国是否存在及其综合影响机制是什么等研究,具有重要的理论与实践意义。

In the wake of the 2008 financial crisis, academia argued that the financial crisis was caused by the widespread adoption of long - term and excessively loose monetary policies. According to statistics, as of the end of 2015, non-performing loans of Chinese commercial Banks reached 1274.4 billion yuan （non-performing loan ratio 1.67%）. At the same time, non-performing loans will continue to grow at around 40%. Therefore, in view of the current monetary policy risk bearing channel the shortage of the existing research, and the fact that our country commercial bank non-performing loans reached new highs, in this paper, on the basis of conducting the relationship between monetary policy and the financial risk, and risk bearing channel in our country exists and what is comprehensive influence mechanism research, has important theoretical and practical significance.