宏观审慎框架下金融业逆周期监管的构建

The Construction of Counter-cyclical Regulation of Financial Industry Under the Macro-prudential Framework

文章按照巴塞尔协议Ⅲ推荐的逆周期资本缓冲计提方法,对我国银行业2011-2021年度数据进行试算,得出逆周期资本缓冲计提方法基本符合我国实际,并结合金融业逆周期监管前后各要素的实证分析提出以下建议:在宏观审慎监管理论框架下,结合宏观审慎监管的实践性与局限性来选择资本限制工具,并基于各地区政策发展情况计算逆周期资本缓冲来适应当前金融全球化趋势。

According to the counter-cyclical capital buffer withdrawal method recommended by Basel III,this paper makes a trial calculation of the data of China’s banking industry from 2011 to 2021,and concludes that the counter-cyclical capital buffer withdrawal method is basically in line with China’s reality,and puts forward the following suggestions based on the empirical analysis of various elements before and after the counter-cyclical supervision of the financial industry:under the theoretical framework of macro-prudential supervision,combined with the practice and limitations of macro-prudential supervision,the capital restriction tool is selected.The counter-cyclical capital buffer is calculated based on the policy development of each region to adapt to the current trend of financial globalization.