The Impact and Stability Analysis of Commercial Banks’ Risk Preference on SMEs’ Credit Financing Based on DSGE Model

The Impact and Stability Analysis of Commercial Banks’ Risk Preference on SMEs’ Credit Financing Based on DSGE Model

As an important driving force for China’s economic transformation and upgrading, the problems of financing difficulties and expensive financing for SMEs have become increasingly prominent. The main objective of this paper was to analyze the impact of financial intermediary departments’ risk preferen...

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Main Authors: Di Gao, Zhaohui Hao, Jiangming Ma, Huanyu He, Meng Li
Format: Article
Language:English
Published: Hindawi Limited 2021-01-01
Series:Mathematical Problems in Engineering
Online Access:http://dx.doi.org/10.1155/2021/1528607
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spelling doaj-2baabaf0c4be41d98dc581b54624c85f2021-05-03T00:00:10ZengHindawi LimitedMathematical Problems in Engineering1563-51472021-01-01202110.1155/2021/1528607The Impact and Stability Analysis of Commercial Banks’ Risk Preference on SMEs’ Credit Financing Based on DSGE ModelDi Gao0Zhaohui Hao1Jiangming Ma2Huanyu He3Meng Li4School of International BusinessSchool of FinanceSchool of EconomicsSchool of International BusinessSchool of Automation EngineeringAs an important driving force for China’s economic transformation and upgrading, the problems of financing difficulties and expensive financing for SMEs have become increasingly prominent. The main objective of this paper was to analyze the impact of financial intermediary departments’ risk preference on corporate finance. Under the revised DSGE framework, this paper discusses the impact and stability analysis of commercial banks’ risk preferences on SMEs’ financing. The results show that positive interest rate shocks inhibit commercial banks’ credit to SMEs, and with the increasing weight of commercial banks’ risk preference for default rate, the trend of credit repression will be intensified.http://dx.doi.org/10.1155/2021/1528607
collection DOAJ
language English
format Article
sources DOAJ
author Di Gao
Zhaohui Hao
Jiangming Ma
Huanyu He
Meng Li
spellingShingle Di Gao
Zhaohui Hao
Jiangming Ma
Huanyu He
Meng Li
The Impact and Stability Analysis of Commercial Banks’ Risk Preference on SMEs’ Credit Financing Based on DSGE Model
Mathematical Problems in Engineering
author_facet Di Gao
Zhaohui Hao
Jiangming Ma
Huanyu He
Meng Li
author_sort Di Gao
title The Impact and Stability Analysis of Commercial Banks’ Risk Preference on SMEs’ Credit Financing Based on DSGE Model
title_short The Impact and Stability Analysis of Commercial Banks’ Risk Preference on SMEs’ Credit Financing Based on DSGE Model
title_full The Impact and Stability Analysis of Commercial Banks’ Risk Preference on SMEs’ Credit Financing Based on DSGE Model
title_fullStr The Impact and Stability Analysis of Commercial Banks’ Risk Preference on SMEs’ Credit Financing Based on DSGE Model
title_full_unstemmed The Impact and Stability Analysis of Commercial Banks’ Risk Preference on SMEs’ Credit Financing Based on DSGE Model
title_sort impact and stability analysis of commercial banks’ risk preference on smes’ credit financing based on dsge model
publisher Hindawi Limited
series Mathematical Problems in Engineering
issn 1563-5147
publishDate 2021-01-01
description As an important driving force for China’s economic transformation and upgrading, the problems of financing difficulties and expensive financing for SMEs have become increasingly prominent. The main objective of this paper was to analyze the impact of financial intermediary departments’ risk preference on corporate finance. Under the revised DSGE framework, this paper discusses the impact and stability analysis of commercial banks’ risk preferences on SMEs’ financing. The results show that positive interest rate shocks inhibit commercial banks’ credit to SMEs, and with the increasing weight of commercial banks’ risk preference for default rate, the trend of credit repression will be intensified.
url http://dx.doi.org/10.1155/2021/1528607
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