我国建立存款保险制度的若干问题研究

广西师范大学硕士学位论文我国建立存款保险制度的若干问题研究姓名：王惠连申请学位级别：硕士专业：国民经济学指导教师：黄宗远20080401I200530IIIIITheStudyonIssuestoChina'sEstablishmentofDepositInsuranceSystemAbstractFinancehasakeyroleinmodernmarketeconomy,itsstabilityisveryimportanttoeconomicdevelopment,securityandsovereigntyofacountry.Fromthefoundationin1930s,depositinsurancehasbeenavitalinstitutionbecauseofitsimportanceinprotectingthebenefitofdepositorsandstabilizingthefinancialsystem.AfterourcountryaccessedtotheWTO,theinstabilityofeconomicandfinancialbecomeincreasinglyprominentwiththecontinuousdeepeningfinancialreformandtheworseningoffinancialliberalization,Chinaneedstoestabliseascientificandrationalsystemofdepositinsuranceforsafeguardthefinancialsystem,ssecuritystabilityandprotectingtheinterestsofdepositors.Thedepositinsurancesystemisadouble-edgedsword,Ithasplayedanimportantroleinthemaintenanceoffinancialstability,however,depositinsurancealsobringsaboutsomeriskthatcandecreasemeasures,forexample,moralriskandadverseselection.Onthebasisoftheforeignresearch,thisarticlemakepeopleawareofthefullsecuritywhenthefinancialinstitutionsintheeventofacrisisimpliedamoralhazard,adverseselection,andthepossibilityisthelargest,byanalysisingthedepositinsurancesystemriskinChina'seconomicenvironment,thereforeitisnecessarytoestablishamoreeffectivesystemoffinancialsecurity.Therearethreemajorpartsofthearticle.Firstlytheauthorintroducesthebasictheoryofdepositinsurance,includingtheinstitution,sfoundationanddevelopment,theoreticalbase,andfunctions,thendescribetheneedofourcountry,sestablishmentofthedepositinsurancesystembythepeoplehasabasicunderstandingofthedepositinsurancesystem.TheneedofChina'sestablishmentofthedepositinsurancesystemincludethefourareas.Theyare:theneedsofmaintainingChina'sfinancialsystemsecurity,thehiddennationalsecurityhasbecomeburdentogovernment,improvementofthemarketrules,strengthenthebank'srisksupervision.Thesecondary,China'seconomicenvironmentarestate-controlledcommercialbanksinamonopolypositionandbothcompetefordeposits.Analysisthedepositinsurancesystemofmoralhazard,adverseselectionundersuchcircumstances.AnalysisshowedthatthepossibilityofmoralhazardthatcausedbyChina'sfullimplicitguaranteeisgreat.AndexplicitdepositinsurancesystemcanreducetheriskofmoralhazardfromthedesignOfpremiumrateandinsurancedegree.China'sdepositsfinancialinstitutionsofdifferenttypesandaregreatdifferencesintherisk,so,pronetoadverseselectionproblemsinasinglezeroratesforthefullimplicitguarantee.Thedepositinsurancesystemwhichestablishasystem-levelratecaneffectivelypreventadverseselectionproblems.Chinashouldsetupthedepositinsurancesystem,buttherearestillsomeobstaclessuchasmarkets,andtheinstitutional.Thelast,onthebasisoftheresolutionofChina'sestablishmentofadepositinsurancesystemproblemsthatmayariseandtheactualsituationinChina,envisagesthespecificmodalitiesoftheestablishmentofthedepositinsuranceIVsysteminChina,includesevenareasthatarefunctionspositioning,organizationalforms,insuranceagencies,insurance,theinsurancefund,insurancecoverage,insuranceextent.Explicitdepositinsurancesystemwouldhelptochangetheexcessivedependencethatfourmajorstate-controlledcommercialbanksholdingonthecountry,andothersmallandmedium-sizedbankssuchasregionaljoint-stockbankswhichhavenonationalsecuritystandinfrontofthesamecompetitionwithstate-controlledcommercialbanks,therebyenableChina'sfinancialsystemcoordinatedevelopment.Thestudyofthedepositinsurancesystemisawiderangeofthecomplexitywork.thisissuespaper,makeaninitialattempttoexploreonthebasisoftheresultsofpreviousstudies,therearestillmanylacks,thatwillbeconstantlyimprovedandperfectinthefuturestudy.KeywordsDepositinsurancesystem;MoralHazard;AdverseSelection;FinancialSupervision;1200512StevenA.1996Anthony(1995)Jean-Pierre(2003)Paul(1999)Prescott,EdwardSimpsonMerton(1977)Ronn&Verma1986R-VSankarshanAcharyaJean-FrancoisDreyfus(1989)LawrenceG2002EdwardJ1996199320155DavidC.Wheellock3SubalC.Kumbhakar1995John,Senbet(1991)John,SaundersSenbet(2000)Robert3Cull,RobertSenbet(1998,2000)Cull(2002),LucLaeven(2002),AsliDemirguc-Kunt(2002)deDemirguc-KuntHuizinga2000220012001200220040.04%0.93%20042005314220020.50.6570192018291866141933192919331929-193391007011933619339FDIC1935FSLICFDICFSLIC19301974193322060196170205275%3116232FriedmanSchwartz74Bernake2030market-making5GreenawayDavid63188510520011211WTO2005200200611219983439411199420.06371.2625.07964.0825.07964.08199522.08597.3327.010551.2727.010551.27199624.411574.6929.413946.5629.413946.56199727.014279.8832.016924.3032.016924.30199835.021453.2140.024517.9540.024517.95199939.025027.4744.028236.1244.028236.12200029.1819521.8034.1822866.8655.1136866.86200125.3718773.8030.3722473.8049.2936473.80200226.1022080.6026.1022080.6042.6536080.60200319.7419641.3019.7419641.3035.7935610.30200415.5715751.0015.5715751.0034.1134507.00200510.1210134.7010.1210137.7035.8935940.70[12]1080%11Arrow19631278190CD1rRϕϕα0α1111+αϕ1P()YpP[PLPM]131[()]EYPYpR=×−EY0211+αϕr1+αϕϕ[(1)]BYPRrαϕ=×−+×BY03αϕ=α1P1+αϕ1rϕ=(1)(1)1(1)(1)prprα−+−−+P∗ϕ=(1)(1)1(1)(1)PrPrα∗∗−+−−+4PrP1Pα1P1rYp=rP+α1P1rYp=1r=