关键词: 货币政策 , 银行风险承担 , 利率市场化 , 度量方法

Abstract: The continuous deepening of interest rate liberalization has a great impact on Chinas monetary policy transmission, economic fluctuations and financial stabilityAccording to this, our paper empirically tests the impact of interest rate liberalization on bank risktaking channel of monetary policyThe results of the study show as follows: (1) There is a bankrisk taking channel of monetary policy in China, and from the perspective of dimension of interest rate liberalization indirect measure methods, after considering the direct effect of loan interest rate liberalization, the banks real risktaking is on the riseBut after considering the price discipline effect of deposit interest rate liberalization, the price discipline effect does not play a role as we expect(2) From the perspective of the dimension of interest rate liberalization direct measure methods, by introducing the dummy variable approach, the study finds that loan interest rate liberalization will make the impact of monetary policy on banks real risktaking become apparentFurthermore, by the introduction of interest rate liberalization index method, the study finds that the deepening of the interest rates liberalization will make the risktaking channel become apparent and the banks real risktaking will rise(3) The impact of the interest rate liberalization on the bank risktaking channel of monetary policy is different between different types of banks.

Key words: monetary policy , bank risktaking , interest rate liberalization , measure methods