利率市场化和我国商业银行利率风险的管理

对外经济贸易大学硕士学位论文利率市场化和我国商业银行利率风险的管理姓名：黄敢申请学位级别：硕士专业：企业管理指导教师：张学谦20040401239207080339AbstractTheimportanceofinterestrateineconomyshouldneverbeunderstatedbothinacademicstudiesandintherealworld.FromJ.M.KeynestoJ.E.Stiglitzmanyeconomistshaspointedoutthatasavariablethatbridgesthefinancialmarketandtherealeconomyinterestrateaffectsinvestmentandsavingsthusthewholeeconomybothdomesticallyandinternationally.Sointerestratetheoryandinterestratepolicyhavealwaysbeenthedebatingfocusesinacademiccirclesofmacroeconomicsandmonetaryeconomics.Intherealworldchangesininterestratepolicyinvariouscountrieshaveusuallyexperiencedadynamicprocessfromlaissez-fairetoregulationandtoderegulationduringwhichsomecountriesbenefitalotfromtheirinterestratepolicyreformwhilesomecountriesarenegativelyaffectedorevencaughtincrisesforsomefailureintheirinterestratereform.AsforChinatheinterestratereformwiththeaimofinterestrateliberalizationbothfordepositrateandloanrateisbecomingoneofthemostcriticalproblemsfacingChina’seconomicreformespeciallythereforminfinancialmarket.InChina’snearlytwentyyearseconomicreformChina’sgovernmenthasadoptedmanymeasurestopromotefreecompetitionincommoditymarketmakingpricethedecidingforceinthemarket.Butinthefinancialmarkettheinterestratepriceofcapital”isstillcontrolledbythecentralgovernment.Thispracticehasimpededtheefficientallocationofeconomicresourcesandcannotmaintainanylonger.AlthoughChinahasinitiateditsinterestrateliberationreformtheoreticalbasisofinterestrateliberalizationvariousmeasuresshouldbeadoptedatdifferentstagesandwhatconsequencesthereformwillbringtoChina’seconomicdevelopmenthavenotbeenthoroughlystudied.Thewholearticleintroducestheinterestmarketingtheoryanalyzestheimportanceoftheinterestreformandthefacingproblemsstudiesthewayofinterestreformdevotesanempiricalandcomparativeanalysistogivesomeadviceandlastfocusesontheinterestriskwhichwillaffectthestate-ownedcommercialbankandhowtoavoidtheinterestrisk.439WTO7019881988KingandLevine1993FinancialDepth1998FinancialRestraint1999539()639()()1996(1)(2)73912111(R)(1)(2)(3)120022M1M2839()9399391039()(GDP)50%199610511391998WTO123965%199682200313391996.5.11996.8.231997.10.231998.3.251998.7.11998.12.71999.6.102002.2.21-0.98-1.15-1.1-0.16-0.49-0.5-1-0.24-0.8-1.2-1.5-0.6-1.12-0.5-0.75-0.490.180.3-0.4-0.46-0.6300.25-0.2527080199820031439“”GDP19961996“”1998GDP781999GDP712000GDP821996199719981996-2000153915391639173919841984199451989-199510%15%1839193925%25%1+rB-C11rBC112039213922391212200323391993“”20002001“”2002“”200310“”1313://://(RMcKinnon)163519611985801716198817()199827397019801880901819996428398019881919Jae-chunjKimInterestRateDeregulationandMoneyMarketDevelopmentinKoreaIMFInterestRateDeregulationandMoneyMarketDevelopment19962939(RMcKinnon)2020%199620·I·199330392003031391996()6199610.08%5.04%505199615.12%5.76%6221212003323922223339343935393639-373938391.200022.19933.19994.19885.S19886.2003117.199911798.20001249.1999110.2000111.:1999212.2000613.19981017914.1998415.1998116.2002122317.2001618.2003119.2001320.20011393921.199622.199623.200324.2003125.()199830.199631.2003332.2000733.2000134.2001535.2001536.20001237Jae-chunjKimInterestRateDeregulationandMoneyMarketDevelopmentinKoreaIMFInterestRateDeregulationandMoneyMarketDevelopment1996利率市场化和我国商业银行利率风险的管理作者：黄敢学位授予单位：对外经济贸易大学被引用次数：2次引证文献(2条)1.全洁敏利率市场化进程中我国商业银行的利率风险管理[学位论文]硕士20062.郑伟市场化进程中的商业银行利率风险管理[学位论文]硕士2006本文链接：