CAJ | 학술논문

伴随中国利率市场化向纵深发展,互联网金融的研究方兴未艾、正当其时.本文以"余额宝"作为研究对象,对其运行模式、成功原因,及其与利率市场化、基准利率、银行之间的作用机制进行案例分析. 研究表明:"支付宝"与其他"第三方支付平台"的竞争可能抵消"余额宝"对银行业的冲击,利率市场化的推进可能减缓"余额宝"对银行业的影响,"余额宝"的获利水平与不同期限Shibor可能存在相关关系.
반수중국리솔시장화향종심발전,호련망금융적연구방흥미애、정당기시.본문이"여액보"작위연구대상,대기운행모식、성공원인,급기여리솔시장화、기준리솔、은행지간적작용궤제진행안례분석. 연구표명:"지부보"여기타"제삼방지부평태"적경쟁가능저소"여액보"대은행업적충격,리솔시장화적추진가능감완"여액보"대은행업적영향,"여액보"적획이수평여불동기한Shibor가능존재상관관계.
With the deep development of interest-rate liberalization and internet finance in China, this paper takes Yuebao as the object and analysis its mode, success factors and the relationship among interest-rate liberalization, Shibor and bank. The results of this study show that the possible main rival of Yuebao is other third-party online payment platform; the interest-rate liberalization may be help to mitigate the impact on banks; the profit level may be correlated with different period Shibor.