资本约束与信贷挤压

被引：31

作者：

郭友

莫倩

机构：

[1] 中国光大银行总行

来源：

金融研究 | 2006年 / 07期

关键词：

信贷挤压; 资本充足率; 资本约束;

D O I：

暂无

中图分类号：

F830 [金融、银行理论];

学科分类号：

1201 ; 020204 ;

摘要：

本文通过分析美国1989-1992年和中国1996-1998年间的信贷挤压过程在金融和实体经济部门的表现,考察了银行体系在资本充足率约束下被迫进行资产负债表调整,以及这种调整对实体经济部门的影响。结果显示:银行体系在提高资本充足率的过程中,一般地会提高债券等低风险资产的比重,进而降低对实体经济的贷款供给;贷款供给的减少可能导致对银行信贷依赖程度较高的实体部门的收缩,并进而在短期内影响实体经济的总量增长。

引用

页码：134 / 142

页数：9

共 8 条

[1]

The Basle Accord of 1988 and the International Credit Crunch of 1989–1992[J] . John D. Wagster.Journal of Financial Services Research . 1999 (2)

[2]

The “credit crunch” and the availability of credit to small business[J] . Diana Hancock,James A Wilcox.Journal of Banking and Finance . 1998 (6)

[3]

Risk-based capital, portfolio risk, and bank capital: A simultaneous equations approach[J] . Kevin Jacques,Peter Nigro.Journal of Economics and Business . 1997 (6)

[4]

The effect of bank capital requirements on bank off-balance sheet financial innovations[J] . Julapa Jagtiani,Anthony Saunders,Gregory Udell.Journal of Banking and Finance . 1995 (3)

[5] SOME EVIDENCE ON THE EMPIRICAL SIGNIFICANCE OF CREDIT RATIONING [J].

BERGER, AN ;

UDELL, GF .

JOURNAL OF POLITICAL ECONOMY, 1992, 100 (05) :1047-1077

[6] THE FEDERAL-FUNDS RATE AND THE CHANNELS OF MONETARY TRANSMISSION [J].

BERNANKE, BS ;

BLINDER, AS .

AMERICAN ECONOMIC REVIEW, 1992, 82 (04) :901-921

[7] THE CREDIT CRUNCH [J].

BERNANKE, BS ;

LOWN, CS .

BROOKINGS PAPERS ON ECONOMIC ACTIVITY, 1991, (02) :205-247

[8]

Credit, Money, and Aggregate Demand[J] . Ben S. Bernanke,Alan S. Blinder.The American Economic Review . 1988 (2)

← 1 →