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LPR机制改革对商业银行流动性囤积的影响
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作者 马思超 阿布都瓦力·艾百 +1 位作者 傅兰婷 吴琬婷 《金融监管研究》 北大核心 2026年第1期46-63,共18页
贷款市场报价利率(LPR)机制改革作为利率市场化进程中的关键举措,旨在深化利率市场化改革、疏通货币政策传导路径并提升市场资源配置效率。本文基于我国230家商业银行2014—2024年的面板数据,运用广义双重差分方法,探究了LPR机制改革对... 贷款市场报价利率(LPR)机制改革作为利率市场化进程中的关键举措,旨在深化利率市场化改革、疏通货币政策传导路径并提升市场资源配置效率。本文基于我国230家商业银行2014—2024年的面板数据,运用广义双重差分方法,探究了LPR机制改革对商业银行流动性囤积的影响。研究发现,LPR机制改革显著降低了商业银行的流动性囤积水平,且这一影响在地方性商业银行,以及资本充足率与流动性比例较低的商业银行中更为显著。机制分析表明,LPR机制改革通过降低商业银行风险水平和疏通货币政策传导渠道,进而实现对流动性囤积的抑制。本文的研究结论为商业银行在LPR机制改革背景下更好地服务实体经济、实现自身高质量发展提供了新的理论启示,同时也为政策当局深化利率市场化改革提供了经验参考。 展开更多
关键词 LPR机制改革 流动性囤积 商业银行
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Transmedia seepage characteristics of slope-concrete stabilizing piles interface systems in cold regions 被引量:1
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作者 FENG Xue WANG Boxin +2 位作者 WANG Qing CHEN Huie fu lanting 《Journal of Mountain Science》 2025年第3期1015-1028,共14页
Understanding the factors triggering slope failure is essential to ensure the safety of buildings and transportation infrastructure on slopes. Specifically,the failure of stabilizing piles due to groundwater migration... Understanding the factors triggering slope failure is essential to ensure the safety of buildings and transportation infrastructure on slopes. Specifically,the failure of stabilizing piles due to groundwater migration and freeze–thaw(FT) cycles is a significant factor causing slope failure. This study aims to investigate the transmedia seepage characteristics at slope–concrete stabilizing pile interface systems by using silty clay and concrete with varying microstructure characteristics under FT cycles. To this end, a self-developed indoor test device for transmedia water migration, combined with a macro-meso-micro multiscale testing approach, was used to analyze the laws and mechanisms of transmedia seepage at the interface systems. The effect of the medium's microstructure characteristics on the transmedia seepage behavior at the interface systems under FT cycles was also assessed. Results indicated that the transmedia water migration exhibited particularity due to the migration of soil particles and the low permeability characteristics of concrete. The water content in the media increased significantly within the range of 1/3–2/3 of the height from the interface for soil and within 5 mm from the interface for concrete.FT cycles promoted the increase and penetration of cracks within the medium, enhancing the permeability of the slope-concrete stabilizing pile interface systems.With the increase in FT cycles, the porosity inside the medium first decreased and then increased, and the porosity reached the minimum after 25 FT cycles and the maximum after 75 FT cycles, and the water content of the medium after water migration was positively correlated with the porosity. FT cycles also significantly influenced the temporal variation characteristics of soil moisture and the migration path of water in concrete. The study results could serve as a reference for related research on slope stability assessment. 展开更多
关键词 SLOPE Concrete stabilizing piles Interface systems Transmedia seepage Freeze–thaw cycles MICROSTRUCTURE
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