The Influence of Involuntary Excess Reserves on Bank Risk-taking Empirical Evidence from Chinese Listed Commercial Banks
This paper uses the microscopic data of 16 listed commercial banks in 2005-2016 to empirically test the impact of the involuntary excess reserves on the risk-taking of commercial banks,as well as the effect of the interaction of monetary policy and involuntary excess reserves on the risk-taking of commercial banks.The results show that the involuntary excess reserves will significantly increase the risk-taking of the commercial banks,meanwhile,the involuntary excess reserves will enhance the effect of the monetary policy on the risk-taking of commercial banks.
involuntary excess reserves risk-taking of commercial banks monetary policy
Liang Yan Dong Jianyan Zhang Lefan
Department of Management and Economics,Dalian University of Technology,Dalian,China,116024
国际会议
大连
英文
379-384
2018-07-06(万方平台首次上网日期,不代表论文的发表时间)