文档介绍：山西财经大学
硕士学位论文
存款准备金政策对商业银行流动性调节效应之研究
姓名:田红艳
申请学位级别:硕士
专业:金融学
指导教师:苑改霞
2011-03-12
摘要
存款准备金政策,作为货币政策工具之一,具有作用效果突出,见效快,
操作方便的优点,但作用效果比较猛烈,容易引起经济金融机构震动。这一工
具在西方发达国家有弱化的趋势,极少被运用,有些国家将存款准备金率调为
零,有些国家甚至取消存款准备金政策。由于我国的金融市场不发达,商业银
行发展不完善,利率未完全市场化,存款准备金政策成为我国货币政策工具箱
中的常用工具。自年六月起至年月,央行通过频繁地调整存款准
备金率,解决流动性过剩的问题,进而有效控制经济过热、抑制资产价格高涨,
在短短一年半的时间里,我国央行连续上调存款准备金率高达十三次之多,法
定存款准备金率上升个百分点。美国次贷危机发生后,我国为了刺激经济,
扩大内需,通过小幅度,高频率降低存款准备金率,来缓解金融危机对我国金
融业的影响,自年月到年月,大型金融机构存款准备金率由
将至而中小型金融机构则由降至。这一工具在我
国频繁使用,其对商业银行流动性的调节效应值得关注,因此研究此问题对我
国商业银行的经营管理以及经济的发展有很重要的意义。
本文从近些年我国频繁调整存款准备金政策着手,查找各大商业银行的年
度报表,获取大量数据,将存款准备金率的变动与商业银行流动性的指标存贷
比建立模型,来分析存款准备金率变动对商业银行流动性的影响。今后应强化
存款准备率自身改革,重构商业银行流动性管理重点,着力改善存款准备金政
策运用的环境,以使存款准备金政策能更有效地调节商业银行流动性,进而更
好地调控经济的发展。
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【关键词】存款准备金政策超额准备金商业银行流动性
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Abstract
The deposit reserve policy,as one of the ary policy tools, It has the outstanding effect,
quick speed, but it is easy to bring enormous vibration in the financial institutions,because of its
existence effect more intense. This policy is rarely used or the rate is adjusted to 0 in some western
developed countries. Some of the western developed countries have even no provision for the
deposit reserve. However, due to the China's financial markets are not well developed, development
mercial Banks are not perfect, the effective ary policy tools which are used to reply to
the economical problem are not much. Especially in recent years, the central bank effectively
control overheating, solve problems such as excess liquidity and mitigate the economic pressure
which is from inflation by adjust the deposit reserve rate frequently. From June 2006 to July 2007,
the central bank has adjusted continuously the deposit reserve rate up to 13 times, the legal deposit
reserve rate rose nearly 6 percentage points. Our country adjust the deposit reserve rate in small
range, high frequency in order to stabilize finance economic development,alleviate the influence to
the fina