文档介绍：货币政策对我国上市银行经营绩效影响的实证研究
南京航空航天大学硕士学位论文货币政策对我国上市银行经营绩效影响的实证研究姓名:杨秀芝申请学位级别:硕士专业:金融学指导教师:顾金宏2011-03
南京航空航天大学硕士学位论文摘要货币政策作为国家宏观经济调控的重要工具之一,根据我国社会经济发展变化的客观状况,通过货币政策工具的运用,为社会经济健康平稳的发展,发挥了重要的作用。然而,当人们都在关注货币政策传导效应对经济的调控能力时,往往忽略了作为传导环节中最为主要的政策执行者——商业银行所受到的影响。基于这一点,论文运用主成分分析5>和多元线性回归分析等方法,分别从数量型货币政策工具和价格型货币政策工具的角度,实证分析了货币政策对我国上市银行经营绩效的影响,并得到如下结论:①数量型货币政策工具通过影响商业银行流动性进而对经营绩效产生影响,价格型货币政策工具通过不良贷款率、利润增长率及流动比率对商业银行经营绩效产生影响;②货币政策对商业银行经营绩效的影响存在滞后性;③大型商业银行受到货币政策滞后影响较大;④宽松性的数量型货币政策工具和紧缩性的价格型货币政策工具对商业银行整体经营绩效水平有利,紧缩性的数量型货币政策工具和宽松性的价格型货币政策工具对商业银行整体经营绩效水平产生负面影响;⑤价格型货币政策工具累积影响能力大于数量型货币政策工具累积影响能力。最后,结合我国货币政策3>实施与商业银行经营的现状,提出了相关的政策建议。关键词:货币政策,商业银行经营绩效,主成分分析,中介效应,多元线性回归 i
货币政策对我国上市银行经营绩效影响的实证研究 ABSTRACT The changing economic environment, as the macroeconomic regulation and control tools, ary policy with the changing economic environment has been replaced with tightening type of implemented ary policy and expanding type of ary policy. The implementation of tightening ary policy is timely to overheating of the economy, and the implementation of expansion ary policy can ease the downturn of the economic situation and improve the economic environment. Most of all are taking into account the effects of ary policy transmission capacity for economic regulation, but are often overlooking as a transmission link most major policy performer — commercial banks’ impact, this article on the above themes theory analysis and exploratory analysis, by hypothesis testing, and regression analysis on ary policy affects the performance mercial banks to conduct an in-depth study, from two types of quantitative ary policy and price-type ary policy discussions, has a result in: a positive number indicates that, the effects of ary policy tools mercial bank’s liquidity which have an impact on business performance, and price-type ary policy tools by bad loans rate, current ratio to impact the performance mercial banks; second, ary policy on the impact of the performance mercial banks has a lag; three, there is a lag