导　　师： 朱芳

学科专业： 020204

授予学位： 硕士

作　　者： ;

机构地区： 暨南大学

摘　　要： 宏观审慎监管的核心是防范金融系统性风险，宏观审慎监管对风险的监测可分为时间维度和横截面维度，时间维度主要考察商业银行信贷顺周期性，横截面维度主要考察系统重要性银行。 在对宏观审慎监管相关理论阐述的基础上，本文通过借鉴美国、英国和欧盟等主要发达国家的国际经验，针对我国宏观审慎监管的实践，从时间维度探讨了商业银行信贷的顺周期性及其监管，从横截面维度探讨了系统重要性银行及其监管。分析表明：目前我国主要运用资本留存、杠杆率、流动性、逆周期资本缓冲和动态拨备等政策工具解决商业银行信贷的顺周性问题，同时以压力测试、资本充足率、资本配置等政策工具解决系统重要性银行的风险传染等问题。本文进一步探讨了我国在宏观审慎监管实践中存在的主要问题，包括：系统重要性银行的“大而不倒”和风险传染问题、宏观审慎监管主体不明确、缺乏金融监管的法律和制度保障和对金融控股公司的有效监管、安全保护机制不完善、对金融产品消费者利益的保护力度不够、压力测试的存在问题等，并在最后提出了相关政策建议。 The core of macro prudential regulation is to prevent systemic risks to thefinancial system, to monitor the risk of macro prudential supervision and regulation canbe divided into the time dimension and the cross-sectional dimension, time dimensionfocuses on commercial bank credit procyclicality, cross section dimensions of the mainstudy systemically important banks. Based on expounding the theory of macro prudential supervision, by drawing onthe international experience of the main developed countries, such as Britain and theEU America, according to the practice of China's macro prudential supervision,discusses the commercial bank credit procyclicality and supervision from the timedimension, discusses systemically important banks and supervision from the crosssection dimension. Analysis showed that: at present our country mainly use capitalretained, leverage, liquidity, counter cyclical capital buffers and dynamic provisioningpolicy tools to solve the commercial bank credit along the peripheral issues, problemsand at the same time, pressure test, the capital adequacy ratio, capital allocation andother policy instruments to solve the risk contagion systemically important banks etc..This paper further discusses the main problems including, existed in the practice ofmacro prudential regulation of systemically important banks:'too big to fail' and riskcontagion, macro prudential supervision main body is not clear, the lack of financialsupervision and legal and institutional guarantee and the financial holding companysupervision, security protection mechanism is not perfect for consumers of financialproducts, to protect the interests of the insufficient pressure testing, existing problems,and finally puts forward some policy suggestions.

关 键 词： 宏观审慎监管 金融系统性风险 时间维度 横截面维度

领　　域： [经济管理—金融学]