<rt id="s2owi"></rt>
<center id="s2owi"></center>
<optgroup id="s2owi"></optgroup>
<optgroup id="s2owi"><small id="s2owi"></small></optgroup>
<optgroup id="s2owi"></optgroup><optgroup id="s2owi"><small id="s2owi"></small></optgroup>

中文 English

此頁面上的內容需要較新版本的 Adobe Flash Player。

獲取 Adobe Flash Player

您當前所在位置: 首頁>>學術天地>>正文
Rise of Bank Competition: Evidence from Banking Deregulation in China
發布時間 2019-11-21 12:41:49    來源:本站  點擊次數



講座題目:  Rise of Bank Competition: Evidence from Banking Deregulation in China







楊曉光,運籌管理領域著名學者,中國科學院數學與系統科學研究院研究員,中國科學院系統科學研究所副所長,中國科學院管理決策與信息系統重點實驗室主任。 楊老師主要從事組合優化、宏觀經濟分析與預測、金融市場分析與風險管理、以及決策支持系統等課題的研究,取得了許多突出的重要成果。曾獲國家杰出青年基金項目資助、中國青年科技獎、北京市科學技術進步一等獎、教育部科學技術進步一等獎、茅以升青年科技獎和復旦管理學杰出貢獻獎等多項重大獎項,入選中科院百人計劃、國務院特殊貢獻專家。楊老師目前還是中國系統工程學會理事長、中國運籌學會副理事長、歐亞系統科學研究會副理事長。《系統工程理論與實踐》主編,《Journal of Systems Science and Complexity》 和《運籌與管理》、《管理科學學報》等雜志編委。 

摘要 Using the deregulation event in 2009 as a natural experiment, we investigate how banks compete with each other in terms of loan contracts, what the dynamic competition dynamics and the economic consequences of the deregulation, with nation-wide loan level and firm level data. We find that: 1) deregulation gives joint equity banks a chance to expand their business, and big five banks are slow to response the competition from the joint equity banks; 2) the new branches of joint equity banks target mainly on less efficient SOEs, and the good quality non-SOE firms, the effect becomes weaker along with time; 3) deregulation does promote the economy by funding good private firms with lower interest rate, and hence improve the performance of these private firms.