财经理论与实践2017，Vol.38Issue(1)：17-23,7.
互联网金融对中国商业银行系统性风险的影响基于SVAR模型的实证研究
The Influence of Internet Finance on the Systematic Risk of Chinese Commercial Banks--Empirical study based on SVAR Model
摘要
Abstract
This paper firstly uses the principal component analysis method to calculate the risk of commercial banks in China.Then,this paper empirically studies the impact of Internet finance on the systemic risk of China's commercial banks by using mutation analysis,SVAR model and other measurement methods.The results show that the Internet financial development mainly af-fects the bank's assets and liabilities structure,and further affects the bank's cost to income ratio, and thus commercial bank systematic risk is affected.And its impact on the banking systemic risk exists “term structure effect”,that is,the development of Internet finance in the short term will increase the risk of China's banking system,but from a long-term point of view,the impact is not obvious,Internet finance and traditional banking can commonly develop as a symbiotic thing.Fi-nally,this paper analyzes the formation reasons and puts forward the relevant policy recommen-dations.The existence of the Internet finance has very good reversed transmission effect on our financial reform,to optimize China's financial industry to a certain extent and promote the innova-tion of financial regulation.关键词
银行系统性风险/互联网金融/突变分析/SVAR模型/实证研究Key words
banking systemic risk/Internet finance/mutation analysis/SVAR model/empir-ical test分类
管理科学引用本文复制引用
邹静,王洪卫..互联网金融对中国商业银行系统性风险的影响基于SVAR模型的实证研究[J].财经理论与实践,2017,38(1):17-23,7.基金项目
国家自然科学基金面上项目(NSF71573766)、国家社会科学基金青年项目(12CJY108)、国家自然科学基金与英国经济和社会研究理事会联合资助项目(NSF7161101095) （NSF71573766）
