信贷证券化对银行稳定性的影响:来自中国商业银行的证据

2019 International Conference on Economic Management and Model Engineering (ICEMME) Pub Date : 2019-12-01 DOI:10.1109/ICEMME49371.2019.00081

Yuzan Dai, Chengke Zhu, Mingchao Cui

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引用次数: 0

摘要

本文采用面板数据模型探讨了信贷证券化对中国银行稳定性的影响。我们发现商业银行的资产证券化对发行银行的财务稳定性有显著的负面影响。也就是说，资产证券化活动不仅增加了中国商业银行的流动性来源，转移了信贷风险，也降低了其稳定性。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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The Impact of Credit Securitization on Bank Stability: Evidence from Commercial Banks in China

In this paper, we employ panel data model to discuss the impact of credit securitization on banks' stability in China. We find that asset securitization of commercial banks has a significant negative impact on the issuing banks' financial stability. That is to say, asset securitization activities not only increase the sources of liquidity and transfer credit risk of China's commercial banks, but also reduce its stability.

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2019 International Conference on Economic Management and Model Engineering (ICEMME)

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