TITLE:
Literature Review on the Influence of Two-Pillar Policy on Risk-Taking of Commercial Banks
AUTHORS:
Ming Zhang, Xinghua Liu, Yi Liu
KEYWORDS:
Two-Pillar Policy, Monetary Policy, Macro-Prudential Policy, Risk-Taking of Commercial Banks
JOURNAL NAME:
Theoretical Economics Letters,
Vol.9 No.7,
October
24,
2019
ABSTRACT: This paper analyzes the impact of monetary policy
and macro-prudential policy on the risk-taking of commercial banks, comments on
the existing research results and existing problems, and looks forward to the
future research direction. The article finds that the existing research is more
comprehensive in the impact of monetary policy on the risk-taking of commercial
banks, and has important theoretical value and practical significance. At the same
time, there are still some shortcomings in the existing research, such as the
research of macro-prudential policy on the risk-taking of commercial banks and
the lack of synergy between the two-pillar policy in risk-taking and so on.
Therefore, the follow-up research can be
further carried out from the above two aspects.