| Lending standards changes will affect the financing situation of enterprises and industries, related to the the development of enterprise a nd industry, therefore, analysis of the influencing factors of lending standards is of great practical significance.There have been a lot of research on lending standards abroad and the method is also very mature.At present stage, the bank is still the main financing channels in our country,so this paper will discuss that monetary policy for our country commercial bank credit standards and the influence of performance problems.Based on the data from 2008-2013 of Guilin area and data of the people’s bank of China,the national bureau of statistics as sample, using panel data regression model on the relationship between the commercial bank credit standards and twist has carried on the empirical research.Basic model framework we used is mainly Maddaloni and Peydr(2011) on bank risk-taking, regulation, asset securitization in the study of the relationship between interest rates,referring to Bassett and C hosak(2012) about the change of credit standards and macro economic model, according to our national condition is different, adjust the corresponding variables.The results show that interest rate has a significant influence on commercial Banks’ credit standards. The influence of different term interest rates on credit standard is not the same; At the same time according to different scale enterprises, the influence of interest rate is not the same. According to the analysis of the empirical results, we raise the suggestions to the monetary policy makers should attach great importance to the change of interest rate policy on the different effects of corporate credit, and need to pay more attention to the financial stability in the process of policy guidance. |
