CAJ | 학술논문

利用1981-2005年58个国家的面板数据实证分析金融改革与居民收入增长的关系，结果表明：金融改革对居民收入增长具有正向影响。在此基础上，探讨金融改革影响居民收入增长的渠道及其效应，发现不同金融改革政策对居民收入增长的影响存在差异。放松利率管制对居民收入增长有负向影响，放开资本账户管制，加强银行业审慎监管对居民收入增长有正向影响。
이용1981-2005년58개국가적면판수거실증분석금융개혁여거민수입증장적관계，결과표명：금융개혁대거민수입증장구유정향영향。재차기출상，탐토금융개혁영향거민수입증장적거도급기효응，발현불동금융개혁정책대거민수입증장적영향존재차이。방송리솔관제대거민수입증장유부향영향，방개자본장호관제，가강은행업심신감관대거민수입증장유정향영향。
The article makes a statistical analysis of the relations between financial reforms and income growth of residents by using the panel data ranging from 1981 to 2005 of 58 countries. The results shows that financial reforms exerts a positive impact on income growth of residents. The article further explores the channels of financial reforms on residents' income growth and their effects. It turns out that different financial policies have different impacts on income growth of residents. Deregulating interest rates wield a negative influence on income growth of residents while unleashing the capital account controls and strengthening the prudential banking supervision bear a positive imflunce on income growth of residents.