AN ANALYZING FRAMEWORKS ON INTEREST MARGINS BETWEEN DEPOSITS AND LOANS
HUANG Guo-ping1, JI Yu-hua2, WU Xu-chuan3
1. Institute of Finance and Banking of Chinese Academy of Social Science, Beijing, 100732 China; 2. Development and Reform Department of China Insurance Regulatory Commission, Beijing, 100032 China; 3. Research Bureau of People's Bank of China, Being, 100800 China
HUANG Guo-ping, JI Yu-hua, WU Xu-chuan. AN ANALYZING FRAMEWORKS ON INTEREST MARGINS BETWEEN DEPOSITS AND LOANS[J]. Economic Theory and Business Management, 2007, (10): 37-44.
[1] Ronald I.McKinnon.Money and Capital in Economic Development[Z].Washington,D.C.:Brookings Institution, [1] 存贷款利差扩大趋势的结论是根据我国目前和未来一段时间内信贷资产质量不会有实质性改善的条件下得出的.但是在信用体系和市场化体系尚未建立起来的条件下,过高的存贷利差水平,可能会引发严重的逆向选择和道德风险问题,这种情况一旦发生,无论政府抑或银行业自身,都会抑制存贷利差的提高. [2] 具体情况可参见国际货币基金组织(IMF)《国际金融统计》等相关资料. [3] 2007年3月18日之前我国一年期实际存贷款利差水平为3.6%.2007年3月18日之后一年期实际存贷款利差水平为3.51%.1973. [2] Edward S.Shaw.Financing Deepening in Economic Development[M].Oxford University Press,1973. [3] Ronald I.McKinnon.The Order of Economic Liberalization:Financial Control in the Transition to a Market Economy[M].Baltimore and London:The Johns Hopkins University Press,1993. [4] Asli Demirguc-Kunt,Luc Laeven,Ross Levine.Regulations,Market Structure,Institutions and the Cost of Financial Intermediation[Z].Cambridge:National Bareau of Economic Research(NBER),2003. [5] Asli Demirguc-Kunt,Huizinga Harry.Determinants of Commercial Bank Interest Margins and Profitability:Some International Evidence[J].The World Bank Economic Review,1999,(13):379-408 [6] J.Stiglitz,A.Weiss.Credit Rationing in Markets with Imperfect Information[J].American Economic Review,1981,(71):394-410. [7] 李扬,王国刚,等.中国城市金融生态环境评价[M].北京:人民出版社,2005. [8] Lazarus Angbazo.Commercial Bank Net Interest Margins,Default Risk,Interest-Rate Risk,and Off-Balance Sheet Banking[J].Journal of Banking and Finance,1997,(21):55-87. [9] Philip L.Brock,Liliana Rojas Suares.Understanding the Behavior of Banking Spreads in Latin America[J].Journal of Development Economics,2000,(63):113-114. [10] Frederivk R.Macaulay.The Movements of Interest Rates,Bond Yields and Stock Prices in the United States since 1856[Z].New York:National Bureau of Economic Research,1938.
