| 银行间债券市场的外部效率:基于商业银行的视角 |
| |
| 引用本文： | 刘英,张旭路. 银行间债券市场的外部效率:基于商业银行的视角[J]. 数学的实践与认识, 2011, 41(12) |
| |
| 作者姓名： | 刘英 张旭路 |
| |
| 作者单位： | 1. 对外经济贸易大学信息学院,北京,100029
2. 对外经济贸易大学国际经济贸易学院,北京,100029 |
| |
| 摘 要： | 以参与我国银行间债券市场的商业银行为研究对象,运用面板数据模型检验银行间债券市场的外部效率对于商业银行经营绩效的影响.实证结果表明:我国银行间债券市场的发展对于商业银行的盈利能力和流动性管理水平均有较强的外部正效率,而对于商业银行传统盈利模式和风险管理则具有负面影响.建议商业银行应利用银行间债券市场的外部正效率提高其资产负债管理水平,通过提升自身经营管理水平来降低银行间债券市场外部负效率对自身的影响;此外监管当局还应该降低小型金融机构进入银行间债券市场的门槛,以发挥该市场外部正效率对化解区域金融风险的作用.
|
| 关 键 词： | 银行间债券市场 外部效率 商业银行 面板数据模型 |
The External Efficiency of Interbank Bond Market from the Perspective of Commercial Bank |
| |
| LIU Ying,ZHANG Xu-lu. The External Efficiency of Interbank Bond Market from the Perspective of Commercial Bank[J]. Mathematics in Practice and Theory, 2011, 41(12) |
| |
| Authors: | LIU Ying ZHANG Xu-lu |
| |
| Affiliation: | LIU Ying~1,ZHANG Xu-lu~2 (1.School of Information Technology & Management Engineering,The University of International Business & Economics,Beijing 100029,China) (2.School of International Trade and Economics,China) |
| |
| Abstract: | This paper focus on China's commercial banks,which participate in the interbank bond market,testing the external efficiency of interbank bond market impact on the commercial bank's business performance by panel data model.The empirical results show that:the development of the interbank bond market has a postive impact on the commercial bank's profitability and liquidity management,but has a negative impact on the commercial bank's traditional profit model and risk management.Therefore,this article recommend... |
| |
| Keywords: | interbank bond market external efficiency commercial bank panal data model |
| 本文献已被 CNKI 万方数据 等数据库收录！ |
|
