CAJ | 학술논문

银行借贷渠道作为货币政策信贷传导机制中的一种，有力的传导了中国货币政策的宏观调控作用。但是由于资本规模、贷款结构、以及治理结构的不同，各个银行的货币政策信贷传导机制传导效率也存在差异。本文正是基于银行异质性特征，利用中国2004-2013年的相关数据，实证分析了银行异质性特征与中国货币政策传导效率间的关系。实证结果表明，银行的异质性特征造成了货币政策传导效率的差异化，货币政策对不同特质的银行贷款供给能力的影响存在差异性，并且不同特质银行传导货币政策的效率有差别。最后，本文针对上述实证结果提出相关建议。
은행차대거도작위화폐정책신대전도궤제중적일충，유력적전도료중국화폐정책적굉관조공작용。단시유우자본규모、대관결구、이급치리결구적불동，각개은행적화폐정책신대전도궤제전도효솔야존재차이。본문정시기우은행이질성특정，이용중국2004-2013년적상관수거，실증분석료은행이질성특정여중국화폐정책전도효솔간적관계。실증결과표명，은행적이질성특정조성료화폐정책전도효솔적차이화，화폐정책대불동특질적은행대관공급능력적영향존재차이성，병차불동특질은행전도화폐정책적효솔유차별。최후，본문침대상술실증결과제출상관건의。
The bank lending channel as one of the credit transmission mechanism of monetary policy, is mainly refers to the bank for its intermediary status influence the credit transmission mechanism.But due to the capital scale, loan structure, and the different governance structure, the credit transmission mechanism of monetary policy conduction efficiency of Banks is different, even the efficiency loss.This article is based on the bank of heterogeneity, the empirical analysis of the different types of Banks and the relationship between the monetary policy transmission efficiency, related Suggestions are put forward based on the conclusion.