银行资本充足率监管对宏观经济的影响——基于亚洲地区的实证研究

<巴塞尔协议>资本充足率的规定已经成为发达国家或发展中国家银行系统资本监管的标准,提高银行资本充足率对于一国的宏观经济是否有负面的影响,(尤其是在经济低迷时期),这一问题在最近的十年中引起广泛的关注.本文借助于Peek和Rosengren的测算方法,通过计算和分析亚洲各国(地区)在经历金融危机后加强资本管制、提高资本充足率对该国宏观经济的影响时发现,这样的举措在经济低迷时期不但不会改善宏观经济状况,反而会恶化经济的发展.

The Macroeconomic Impact of Bank Capital Requirements——Evidence from the Asian Countries

The enforcement of CARs has been a standard benchmark of capital regulation both in developed and developing countries. In the past ten years, much attention has been paid on whether raising bank capital asset requirements has negative effect on the economy especially when the economy was in depression.Based on the theory of Peek and Rosengren, we calculate the macroeconomic effect of Bank Capital Asset Requirements after the Asian Financial Crisis, and find that raising the CARs can not improve the economy .It can only made it worse.