The Study Of Our Country' Shadow Banking Effect On The Stability Of Commercial Banks

The financial crisis that outbreaks in 2008 sweep the world and have a significant impact on the global economy.After the financial crisis,some scholars think that the lack of shadow banking is the root of the crisis.In our country,affected by the economic system and financial environment,European and American style shadow banking is few,but the shadow banking with Chinese characteristics is there.Since the crisis,the development of shadow banking is fast.At the same time,its inherent risk gradually exposed.Due to the low level of financial innovation and asset securitization's immature,Chinese shadow bank depends on the commercial banks,which is inextricably links with commercial banks.So its rapid growth is bound to generate great impaction to the bank.In our country,commercial banks play an important role in the financial system and the stability of commercial banks will affect the stability of the entire financial system and the whole economy.Therefore,the researches of influence that shadow banking on commercial bank's stability have great theoretical and practical significance.In the article,I conducted a review of the literature firstly.Then,the theoretical influence of shadow banking on commercial bank is analyzed.After this analysis,I analyze the status of shadow banking and commercial banking stability.Finally,empirical analysis is used to analyze shadow banking's impact on our banks,and put forward relevant policy measures.My article contains five chapters;The first is introduction.In the chapter,I introduce the background and significance of the topic,then,I make a brief summary and commentary to the current domestic and foreign experience.Finally,the research ideas,innovation and shortcomings are described.The second chapter is the theoretical analysis of shadow baking's impact on commercial banks.Firstly,the definition of shadow banking were defined and I analyzed the reasons of the shadow bank's production and it's characteristics.Then,the connotation of shadow bank and the method of shadow bank's impact on commercial banks are described.The third chapter is the status of shadow banking and commercial bank stability.Firstly,the type of shadow banking are described.Then,I calculate the scale of shadow bank from unobserved credit and observed credit.and analyze the status of shadow bank based the estimated result.Thirdly,I analyze the status of regulatory from regulatory model,body and content.Finally,the index comprehensive mapping method is used to measure the stability of China's bank's stability.The fourth chapter is the empirical analysis of shadow bank's impact on commercial banks.In the chapter,I use the estimated data to analyze the shadow bank's impact on the commercial banks.Firstly,it exist the "U" type relationship between unobserved credit scale and shadow bank.When the scale of unobserved credit is less than 9.146trillion,it's useful to improve the bank's stability;otherwise it will reduce the bank's stability.Since the year of 2011,the size of this data is beyond the scope,we need to vigilance.Secondly,based on the observed credit and bank's stability,I find that there is a co-integration relationship between this two variable.Currently,it's useful to improve the bank's stability.Based on the integration,I establish a VECM model and make impulse response and variance decomposition to improve the empirical analysis.Finally,the conclusions are summarized.The fifth chapter is conclusions and measures.In this chapter,I make a summary of the conclusions and puts forward relevant policy measures from strengthening shadow bank's supervision and improving the internal controls.