摘要
本文利用中国91家商业银行2005～2016年间的年度数据,分析了信贷资产证券化对商业银行收入结构的影响及其机理。研究发现:信贷资产证券化与商业银行收入结构多元化指数具有凹性正向关系,对商业银行利息收入具有负向影响。因此,商业银行自身应积极拓展信贷资产证券化业务,充分利用资本市场提升实力;同时,政策制定者和市场监管者应完善各项配套设施,维护良好的市场秩序。
Based on the annual data of 91 commercial banks in China from 2005 to 2016,this paper empirically analyzes the impact of credit asset securitization on the income structure of commercial banks and its impact mechanism.The main conclusions are as follows:credit asset securitization and commercial bank income structure diversification index have a concave positive relationship,and the impact on commercial bank interest income is negative.Therefore,in order to promote the better development of commercial banks,commercial banks should actively expand credit asset securitization business and make full use of the capital market to enhance their strength.At the same time,policy makers and market regulators should improve the supporting facilities and maintain a good market order.
出处
《浙江金融》
2018年第11期23-32,共10页
Zhejiang Finance
关键词
资产证券化
商业银行
收入结构
面板回归
Credit Asset Securitization
Commercial Banks
Income Structure
Panel Regression
