The Analysis on the Causes of Ezcess Liquidity Based on the Disequilibrium Model
Through estimating the disequilibrium model of banks by log likelihood method, we try to find whether the excess liquidity of banks is determined by factors of supply or factors of demand in conditions of decreasing credit capacity. The empirical analysis proves that the credit control from government still plays a key role in macro economy. Liquidity of banks changed along with the aggregate credit influenced by supply and demand factors and the constrained credit supply impacts on the decreasing credit which lead to excess liquidity.
Ezcess Liquidity Loan Supply Loan Demand Disequilibrium Model
KANG Jing WANG Yanming
School of economics and management, Changchun University of science and technology Postgraduate department, Changchun University of science and technology
国际会议
2009 International Institute of Applied Statistics Studies(2009 国际应用统计学术研讨会)
青岛
英文
1-5
2009-07-25（万方平台首次上网日期，不代表论文的发表时间）