报告题目:The Aftermath of Bank Competition: A Natural Experiment of Banking Deregulation in China
报告人:杨晓光教授
报告时间:2021年12月21日15:30-16:30
报告摘要:
Using the deregulation event in 2009 as a natural experiment, we investigate how banks compete with each other in terms of loan contracts, what the dynamic competition dynamics and the economic consequences of the deregulation, with nation-wide loan level and firm level data. We find that: 1) deregulation gives joint equity banks a chance to expand their business, and big five banks are slow to response the competition from the joint equity banks; 2) the new branches of joint equity banks target mainly on less efficient SOEs, and the good quality non-SOE firms, the effect becomes weaker along with time; 3) deregulation does promote the economy by funding good private firms with lower interest rate, and hence improve the performance of these private firms.
报告人简介:
杨晓光教授,现任中国科学院数学与系统科学研究院研究员、博导,中国科学院管理决策与信息系统重点实验室副主任,中国科学院预测科学研究中心副主任,长沙理工大学经济与管理学院“湖湘学者”特聘教授。2010年12月12日被湖南省人民政府选聘为“芙蓉学者”特聘教授(第六批)。杨晓光教授主要从事金融风险管理、宏观经济分析、复杂网络、博弈论等领域的研究,曾获得复旦管理学杰出贡献奖、全国优秀科技工作者、中国青年科技奖、茅以升青年科技奖、国务院特殊贡献专家等表彰,入选国家杰出青年科学基金、百千万工程国家级人才等。担任中国系统工程学会理事长,欧亚系统科学研究会副理事长,中国运筹学会副理事长。在国内外重要学术期刊发表论文300余篇,先后主持国家重大研发项目,973项目,863项目,国家自然科学基金重大项目、重点项目、面上项目、应急项目,国家社会科学基金重大项目、重点项目等