摘要
商业银行的亲周期性被认为是导致此次全球金融危机的重要原因,它通过"金融加速器"机制加剧了经济周期的波动幅度,对经济运行造成不利影响。危机过后各国学界与监管当局纷纷提出逆周期监管的设想。本文根据现有研究成果,总结了引发银行系统亲周期的因素,分析了实施逆周期监管的必要性,总结了逆周期监管政策在各国的实施情况,并根据我国实际情况归纳了学界对于实施逆周期监管的政策建议。
The Pro-cyelicality of commercial banks has been accused to be an important cause of the recent global financial crisis. It through the ＇financial accelerator＇ mechanism which exacerbates the economic fluctuation, severely hurts the economic activities. After the crisis the global academics and regulatory authorities have come up the idea of counter-cyclical regulation. In order to provide some helpful references for the implementation of counter-cyclical regulation in our country, according to the existing researches, this paper analyzes factors leading banking system pro-cyclical, reasons for implementing the counter-cyclical regulation, implementations of counter-cyclical policies all around the world, and summarizes some useful policy advices for China.
出处
《南方金融》
北大核心
2014年第5期37-41,共5页
South China Finance
基金
教育部人文社科基金项目<逆周期银行监管机制研究:理论与实证>(项目编号:13YJA790038)
教育部留学回国人员启动基金项目<我国商业银行风险控制激励实证研究>
广东省人文社科重点基地重大项目<国际金融危机传导机制研究>(项目编号:09JDXM79009)
中央高校基本科研业务费专项资金资助项目<我国逆周期宏观审慎银行监管体系研究>(项目编号:11JYB3001)的资助
关键词
银行监管
商业银行
亲周期
逆周期
Bank Regulation
Commercial Bank
Pro-cyclicality
Counter-cyclicality
