Research On Liquidity Creation Of Commercial Banks Based On Capital Constraints

Commercial banks have always been the financial lifeline of a country and an economy.Some reforms and changes have taken place actively or passively in the innovation of science and technology and the changes in social trends.However,the main functions of commercial banks in the economic society are not A fundamental change has occurred,in which the creation of liquidity by commercial banks and the supply of society are their most important functions.In June 2013,China’s banking industry experienced a“money shortage”crisis during the“middle-year”assessment.Banks were in short supply of liquidity.According to data released by the Shanghai National Commercial Bank Interbank Funding Center at the time,the interbank market The overnight lending rate reached a maximum of 13.44%.After the central bank rescued the market at the end of the month,the situation eased.However,only a few months later,the banking industry once again had a “money shortage” at the end of the year.This shows that whether the supervision of the banking industry by the supervisory authority or the creation and supply of economic and social mobility by the bank’s own system has problems to be solved urgently.At the moment,China is in the midst of an urgent need for economic transformation,and the financial reform is in an imminent state.It is necessary to solve the problem of restricting the banking industry and how to use the“leverage”of the banking industry to incite the reform of the entire financial system and promote the transformation and development of the entire economy.It is especially important.In the study of this paper,starting from the capital constraints of the regulatory authorities on the banking industry,the commercial banks are responsible for the liquidity supply of the entire economy and society,that is,the liquidity of commercial banks,and how the basic constraints on commercial banks will be affected.The liquidity supply to the economy in a national banking system.In termsof the structure of the text,firstly based on the theory,it summarizes and expounds the research results of domestic and foreign scholars on the study of capital constraints and liquidity creation of commercial banks.After extensive research,the capital constraints and liquidity of commercial banks are created.A clear definition of the connotation has been made,and relevant theories such as the Basel III Capital Regulatory Framework have been studied,focusing on the theory of the internal influence mechanism of capital constraints and liquidity creation.Later,the banking supervision and advanced business in developed countries The bank made a reference study on the practical experience of creating a liquidity creation function;then used the “cat-(non)fat” indicator system proposed by foreign scholar Beger and Bouwman in 2009 to measure the liquidity creation of commercial banks.The status quo of China’s banking industry capital supervision and the status quo of liquidity creation and creation efficiency are studied.Finally,based on the theory of“ fundamental vulnerability-extrusion ” and “ risk absorption effect ”,the measurement empirical model is used to capitalize China’s commercial banks.The ability to create liquidity under the influence of constraints has been studied.Through data analysis of 24 representative banks in China,it is found that under the constraints of capital,the capacity of large state-owned commercial banks to create liquidity is hardly affected,while the capacity of commercial banks with relatively small scales is more Big constraints.In the empirical research,the dynamic panel regression analysis method adopted by previous scholars was continued,and on this basis,the equity ratio was added as a supplement to the capital adequacy ratio,and the heterogeneity test of the influence of commercial bank size on liquidity creation was different.The results of the qualitative test also confirmed above conclusions.