影子银行对商业银行稳定性影响的实证分析

Abstract

In2007,there was a subprime crisis in the United States.It caused severe economic fluctuations around the world,and thus the shadow banking has gradually surfaced and attracted the attention of scholars at domestic and abroad.With the expansion of shadow banking’scale,the impact of shadow banking on economic development and financial system has become the focus of many https://www.360docs.net/doc/4b613823.html,mercial banks as an important pillar of the financial system,the research on the influence of shadow banking between the stability of commercial banks has become the focus.Since2002,because of the restriction of our financial system,the external capital demand of enterprises can not be satisfied,but the shadow banking system can reslove this problem.Especially in recent years,commercial banks have become more and more interested in shadow banking:wealth management products,non-discounted acceptance drafts,entrusted loans have become important intermediary business of commercial banks.It has become a part of our financial system that can not be ignored,but because of the lack of regulatory mechanism and legal norms,it has accumulated relatively large risks.Therefore,the relationship between the scale of shadow banking and the stability of commercial banks is studied.It is of great theoretical and practical significance for the rational development of shadow banking and the safe operation of commercial banks.

For the emergence of shadow banking,we need to dialectically look at the problem:it not only meets the needs of some enterprises,but also has an impact on some industries.This paper makes a comparative analysis of its operating mechanism,and theoretically analyzes the positive and negative effects of shadow banking on the stability of commercial banks in China,and describes the development of shadow banks in China.Then,using the stability data and macroeconomic data of commercial banks from2006to2016,the panel data model is established to verify the impact results from the perspective of empirical analysis.First of all,as there is no clear definition of shadow banking,this paper defines the classification of shadow banking by combing the literature,and describes the development of different

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IV components in detail.Secondly,there is no clear standard for the measurement of commercial banks’stability.This paper draws lessons from the research of relevant literature,on the basis of which,synthesizes the macroeconomic indicators.Financial market index and commercial bank operation index evaluate the stability of 16commercial banks in China.Finally,through the analysis of empirical results,we can conclude that the relative rules of shadow banking The relationship between the model and the stability of commercial banks in China is not simply promoted or suppressed.Therefore,we need to dialectically look at the development of shadow banking so that it can pay attention to the control of risks while developing at a high speed.This can not only promote the healthy development of our financial system,but also promote the development of our economy.

Key words :shadow banking commercial bank stability financial

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