摘要
根据均衡信贷配给理论,银行在标明利率下只能满足一部分申请人的贷款,而我国中小企业风险过大,使信贷资源流向了大中型企业,中小企业的贷款需求无法满足。信用衍生金融产品——信用违约互换,不仅可以分散商业银行过度集中的信用风险,而且通过基于Benedikt Goderis模型的实证分析,验证信用违约互换可以释放商业银行的资本金,增加中小企业的贷款额,改善中小企业的融资环境。
According to the equilibrium theory of credit rationing,banks can only meet part of the applicantsloan under the indicated rate.The loan demand of SEMs cannot be met for oversize risks of Chinese SEMs which leads credit resources to large and medium-sized enterprises.Credit derivatives like credit default swap can not only disperse the excessive concentration of credit risks of commercial banks but also can release the capital of commercial banks by verifying credit default swap,increase the loan amount of SEMs and improve financing environment of SEMs based on empirical analysis of Benedikt Goderis model.
出处
《甘肃科学学报》
2016年第2期136-139,共4页
Journal of Gansu Sciences
