CAJ | 학술논문

金融脱媒正日益深刻地影响着我国商业银行的盈利模式，逐步多元化的融资渠道正冲击着银行的存款规模。基于现有的金融脱媒研究文献，本文利用现代计量经济学分析方法，实证分析了金融脱媒对我国商业银行传统业务的冲击程度。结果发现，金融脱媒将导致商业银行存款的流失，导致我国居民金融资产结构发展根本性的变化。进一步验证了金融脱媒压力促进银行改变盈利模式的结论，并提出了商业银行的创新路径选择。
금융탈매정일익심각지영향착아국상업은행적영리모식，축보다원화적융자거도정충격착은행적존관규모。기우현유적금융탈매연구문헌，본문이용현대계량경제학분석방법，실증분석료금융탈매대아국상업은행전통업무적충격정도。결과발현，금융탈매장도치상업은행존관적류실，도치아국거민금융자산결구발전근본성적변화。진일보험증료금융탈매압력촉진은행개변영리모식적결론，병제출료상업은행적창신로경선택。
Financial disintermediation is increasingly profound impact on the profitability model of commercial banks, and gradually diversified financing channels are impacting the scale of bank deposits. Based on financial disintermediation the existing literature, this paper used modern econometric analysis of the financial disintermediation of the traditional business of commercial banks, the extent of the impact of empirical analysis. The results showed that： financial disintermediation will result in the loss of commercial bank deposits, leading to the development of household financial assets, a fundamental change in the structure, forcing the shrinking size of commercial bank credit to further verify the financial disintermediation pressure for banks to change the profit model of the conclusions. Finally suggest some innovation path selections.