财经理论与实践2016，Vol.37Issue(2)：2-8,7.
利率市场化背景下银行系统性危机的实证研究
An Empirical Study of Interest Rate Liberalization and Banking Systemic Crisis
摘要
Abstract
In view of the international experience of interest rate liberalization reform,both developed countries and developing countries have met with systemic banking crisis of different levels.In this paper,we adopted a panel data of 42 countries from 1 973 to 2012,empirically tes-ting the relationship between interest rate liberalization and systemic banking crisis,to examine the distress caused by interest rate liberalization to banking system of China.Our research shows that:(1)as the degree of interest rate liberalization increases,the probability of systemic bank-ing crisis rises,this phenomenon appears more distinct in the case of deposit rate liberalization, while stricter bank supervision should be an effective method to reduce banking crisis probability;(2)the establishment of explicit deposit insurance has no effect in guarding against baking sys-temic risk after interest rate liberalization,but appears to increase the likelihood of banking cri-ses;(3)interest rate liberalization during the period of capital account liberalization tends to in-crease the likelihood of banking crises;and (4)allowing bank privatization in the period of liber-alization will not increase likelihood of banking crisis.关键词
利率市场化/银行系统性危机/金融治理/存款保险制度Key words
interest rate liberalization/systemic banking crisis/financial governance/deposit insurance system分类
管理科学引用本文复制引用
韩永辉,赵越,陈晓亮..利率市场化背景下银行系统性危机的实证研究[J].财经理论与实践,2016,37(2):2-8,7.基金项目
国家自然科学基金面上项目(71573058)、教育部创新团队发展计划项目(IRT1224)、广东省哲学社会科学规划项目(GD15YYJ01)、广东外语外贸大学校级青年项目(299-X5122214) （71573058）
