管理评论

›› 2015, Vol. 27 ›› Issue (7): 33-42.

• 金融与金融管理 • 上一篇    下一篇

存款保险制度下银行存贷业务道德风险的影响因素

王晓博1, 辛飞飞2, 冯净冰1   

  1. 1. 同济大学经济与管理学院, 上海 200092;
    2. 同济大学交通运输工程学院, 上海 201804
  • 收稿日期:2014-09-05 发布日期:2015-07-31
  • 作者简介:王晓博,同济大学经济与管理学院副教授,硕士生导师,博士;辛飞飞,同济大学交通运输工程学院讲师,博士;冯净冰,同济大学经济与管理学院本科生.
  • 基金资助:

    国家社会科学基金项目(14BJY201).

The Influencing Factors of Insured Banks' Moral Hazard in Deposit and Loan Business under the Condition of Deposit Insurance System

Wang Xiaobo1, Xin Feifei2, Feng Jingbing1   

  1. 1. School of Economics & Management, Tongji University, Shanghai 200092;
    2. School of Transportation Engineering, Tongji University, Shanghai 201804
  • Received:2014-09-05 Published:2015-07-31

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摘要：

银行存贷业务道德风险是影响存款保险制度践行效率的重要因素.本文采用双重差分估计法,利用中国与印度尼西亚共524个银行样本1997年至2013年的财务数据和两国宏观经济数据,建立面板回归模型,通过单变量检验、Hausman检验择优选择最能体现实际情况的模型,并通过关键变量的回归系数得到存款保险制度下银行存贷业务道德风险的影响因素.研究发现,虽然存款保险制度总体上降低了银行存贷业务道德风险,但是,次级债比率,银行的特许权价值,人均国内生产总值,一国货币政策的中介目标以及最终目标,均会对存款保险制度下银行存贷业务道德风险产生显著影响,银行规模对存款保险制度下银行存贷业务道德风险总体影响不确定.本文针对存款保险制度下影响商业银行存贷业务道德风险的不利因素给出相应政策建议.

关键词: 存款保险制度, 道德风险, 双重差分估计法, 存贷业务

Abstract:

Insured banks' moral hazard in deposit and loan business is an important factor that influences the efficiency of the deposit insurance system. This paper establishes a panel model with difference-in-differences estimation and a data set of macro economy and financial data of 524 banks in China and Indonesia from 1997 to 2013. With the help of one-sample test and Hausman test, the model which can represent the reality best is chosen. And the coefficient of major factors can tell the influence factors of insured banks' moral hazard in deposit and loan business. Our empirical research shows that the subordinated debt ratio, banks' franchise value, GDP per capita, the intermediary and ultimate goals of a country's monetary policy have a significant impact on banks' moral hazard in deposit and loan business under the condition of deposit insurance system, while deposit insurance system on the whole reduces banks' moral hazard in deposit and loan business. Bank size has uncertain influence on banks' moral hazard in deposit and loan business. The corresponding policy recommendations are given based on the unfavorable influencing factors of insured banks' moral hazard in deposit and loan business.

Key words: deposit insurance system, moral hazard, difference-in-differences estimation, deposit and loan business