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现有关于货币政策信贷渠道非对称性的研究没有实证检验非对称性是否只存在于扩张性货币政策或紧缩性货币政策中,也没有实证检验巴塞尔协议是否影响货币政策的非对称性。因此,试图从三个方面探索资本约束对货币政策信贷渠道有效性的影响:首先,研究同一货币政策对两类银行的贷款供给的影响;其次,比较两类货币政策对同类银行贷款冲击的单独效应;最后,比较巴塞尔协议实施前后银行贷款的变动。
The existing research on the asymmetry of the credit channels of monetary policy does not test whether the asymmetry exists only in the expansionary monetary policy or the tightening monetary policy and does not test whether the Basel agreement affects the asymmetry of monetary policy. Therefore, trying to explore the impact of capital constraint on the effectiveness of the credit channel of monetary policy from three aspects: First, the impact of the same monetary policy on the supply of loans of the two types of banks; secondly, comparing the impact of the two types of monetary policy on the loans of similar banks alone Effect; Finally, compare the bank loan changes before and after the implementation of the Basel agreement.