显性部分存款保险下的有效银行退出机制

[],,,,,,,,,[];;:,,,400044,,,,,,,,,,,,2030,,,20,,1995,;1997,;199734,1,5,28;19986;::2005171282005/521251©1995-2006TsinghuaTongfangOpticalDiscCo.,Ltd.Allrightsreserved.1999,,,,,,,2090,,2001,,,,,,,2003,,,,,,[1],,,,,,,,,,,:11,,:(1),(2),,,,,,,,21,,,:(1),,,(2),,,,,,31,,,,,,41,,,,,,,,,,,522005/5212©1995-2006TsinghuaTongfangOpticalDiscCo.,Ltd.Allrightsreserved.1997,,199511,,[2],,,,,,,,,,,:11;21,,CHC=C(H),H;31T=1,1,;T=2,;T=3,1,;T=4,;41,[9];51R,R0,,R0,P,,,PR;61CS,BE,:2005/521253©1995-2006TsinghuaTongfangOpticalDiscCo.,Ltd.Allrightsreserved.,,,{[,],},,,,,,,T=3T=4CS4-CS1=C2+2-(2+R)P-C1-(1-P)0,CS4CS1CS4CS3CS2,BE4BE1,BE4BE3BE2,T=3,{[,],},{,},{[,],},{[,],}CS2-CS31,CS2CS3,PR,BE2BE3,{[,],};,{[,],}CS3CS1,BE1BE3,T=3,T=3,,,,,,:{[,],},,,,,,,{[,],},{[,],},,()11,,,,,,,,[3]:,21,,,:(1);(2),,,,[3],,542005/5212©1995-2006TsinghuaTongfangOpticalDiscCo.,Ltd.Allrightsreserved.,(90)(1997)(2001)(2002)(2005),,,,,31::(1);(2),;(3),;(4),,,,;(5),,,,,,,,,,[4](),,,,,,,,,,,,,[5],,(),;,,,,,,,,,,,,,,[6]2005/521255©1995-2006TsinghuaTongfangOpticalDiscCo.,Ltd.Allrightsreserved.(),(),:():,,,,,,,11,,,,21,,,,,,,,,31,,,,,,,,,41,,,,,,[7]51,(),,,,61,562005/5212©1995-2006TsinghuaTongfangOpticalDiscCo.,Ltd.Allrightsreserved.,,,,,,[8]71,,,,(),,:[1].[J].,2004(4).[2],.[J].,2003.[3].[J].,2004(8).[4],.[J].,2003(10).[5].:[J].,2004(5).[6].[J].,2003(3).[7].[J].,2004(11).[8].[J].,2003(11).[9]XavierFreixas.MicroeconomicsofBanking[M].p283286BankingmarketexitmechanismresearchbasedonthepartialexplicitdepositinsuranceYangYiAbstract:Now,marketexitmechanismandcorrelativesystemarrangementhavenotbeenestablishedinChinabankingsector,itdoesnotaccordwithbasicfinancialrulesofmarketeconomy,andbringsheavyburdentothenation.Inthispaper,webuildathreephasescompleteinformationdynamicgamemodel,pointingoutthatconditionalclosuremechanismisincredibletocommercialbankduetolackofeffectivemarketexitmechanismofCBRCundercostrestriction,moreover,itmakescommercialbankmorelikeriskinvestment,meanwhile,itleadstohugesocialcostandwelfarelossunderimplicitdepositinsurance.Un2dercurrentcircumstance,acceleratingestablishmentofmarketexitmechanismandadaptivepartialexplicitdepositinsurancesystemisaadvisablechoice.KeyWords:bankingsupervision;depositinsurance;marketexit[]F84014[]A[]1000-8306(2005)05-0051-072005/521257©1995-2006TsinghuaTongfangOpticalDiscCo.,Ltd.Allrightsreserved.