信息技术革命与银行业的变革

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:,,,:,,,,WTO,,?,,,,,,,,,,(),87REFORM20021,FreixasandRochet(1997),,,,()Diamond(1984),,,,,,,,,,,,,,1980,,,,,,,,,,(),AllenandSantomero(1998),,,,,,,,,,198020%199738%,;,,,,,ATM,,,,IY,,,IY,,,,1990,10019807,199017,1000199097REFORM200218.5%199833.2%MizuhoUFJ,,,,,,,,(creditscoringmodel),,19901980()1100,19901995100250(BergerandMester1997),,Han2cock(1999)Fedwire,0.5,1%,0.5%,,,,,,,,,,(),,,,,,,,,(),,,1930,,,,,,,,,,,,,19801990,?,,,,1988,()8%1990,,VAR(Valueat08REFORM20021Risk),(10),(99%)8%,VAR2004,,,,,,(toobigtofail),,(forbear2ancepolicy),19801990,,,,,,,,,,,,,,,,,,,,,,,,,,[1]Allen,F.,andA.Santomero,1998,Thetheoryoffinan2cialintermediation,JournalofBankingandFinance21.[2]Berger,A.,andL.Mester,1997,Insidetheblackbox:whatexplainsdifferencesintheefficienciesoffinancialin2stitutions?JournalofBankingandFinance21.[3]Diamond,D.,1984,Financialintermediationanddelegat2edmonitoring,ReviewofEconomicStudies10(4).[4]Frexas,X.,andJ.Rochet,1997,MicroeconomicsofBanking,MITPress.[5]Hancock,D.,Humphrey,D.,andJ.Wilcox,1999,Costreductionsinelectronicpayments:therolesofconsolida2tion,economiesofscale,andtechnicalchange.JournalofBankingandFinance23.(:361005,100037)18REFORM20021,www.bis.org

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