CAJ | 학술논문

通过构建银行部门模型和一个一般均衡模型，从微观和宏观两个层面基于银行异质性视角研究了银行资本监管对货币政策信贷传导机制的影响。研究表明：微观层面上，货币政策冲击能有效影响银行的信贷行为，并且在低资本充足率要求和大规模银行体系情形下的影响更为明显；宏观层面上，大规模银行体系更有利于货币政策传导，在小规模银行体系和高资本充足率情形下，货币政策的信贷传导机制不畅，货币政策有效性降低。
통과구건은행부문모형화일개일반균형모형，종미관화굉관량개층면기우은행이질성시각연구료은행자본감관대화폐정책신대전도궤제적영향。연구표명：미관층면상，화폐정책충격능유효영향은행적신대행위，병차재저자본충족솔요구화대규모은행체계정형하적영향경위명현；굉관층면상，대규모은행체계경유리우화폐정책전도，재소규모은행체계화고자본충족솔정형하，화폐정책적신대전도궤제불창，화폐정책유효성강저。
By building a bank sector model and a general equilibrium model, and based on the banking heterogeneity, we study the influence of the supervision of the bank capital on credit transmission mechanism of the monetary policy from the micro and macro perspectives. The results demonstrate that at the micro level, the impact of the monetary poli- cy can efficiently affect the credit behavior of the bank, and the influence is more conspicuous in the case of low capital adequacy requirements and the large scale banking system. However, at the macro level, the large scale banking system is more conducive to the transmission of the monetary policy. In the case. of small - scale and high capital adequacy, the transmission mechanism of the credit of the monetary policy is not smooth, weakening the effectiveness of the monetary policy.