지역금융이론에 대한 하나의 비판적 검토 = A Critical Assessment on the Regional Finance Theory

다국어 초록 (Multilingual Abstract)

The regional finance theory says that, due to asymmetric Information, interregional interest rates may be different, credits can be rationed, and deposits of a region can be transferred to another region, especially to financial center. But In fact the regional financial problem is the problem whose creditworthiness is weak. The small financial Institutions located in the regions and supply credits to them take much more risks than the large financial institutions. As the large institutions which seize the higher position in the hierarchy of financial institutions enlarge their operational grounds, the small institutions are getting worse. For the smooth reproduction of the national economy and for the stabilization of the society, it is important to supply enough credits to those whose creditworthiness is weak. Therefore the government should pay special attention to the small regional Institutions.

목차 (Table of Contents)

• Abstract
• 1. 문제의 제기
• 2. 지역금융에 관한 논의 개관
• 3. 지역금융이론에 대한 검토
• 4. 결론
• 참고문헌

참고문헌 (Reference)

1 구재운, "한국의 지역신용경로" 1 : 117-133, 2001

2 구재운, "한국의 지역금융시장" 한국은행 10 (10): 1-25, 2004

3 박원석, "한국금융시장의 지역적 차별성에 관한 연구" 서울대학교 1997

4 조복현, "투자와 금융 - 케인즈의 ‘금융적 동기’에 대한 해석의 쟁점" 15 : 181-215, 2000

5 김현의, "통화정책의 파급효과에 관한 새로운 시각: 은행대출경로의 유효성 분석" 한국은행 1 (1): 31-65, 1995

6 조복현, "금융적 자본축적의 취약성과 금융공황" 서울대학교 1996

7 植村修一, "地域銀行のガバナンス-株主構成變化の含意" 2006

8 多胡秀人, "地域金融論 - リレバン恒久化と中小·地域金融機關の存り方" 社團法人 金融財政事情硏究會 2008

9 筒井義郞, "地域金融の活性化に向けて-課題と展望. in: リレーションシップバンキングと地域金融" 日本經濟新聞出版社 2007

10 安孫子勇一, "冲縄縣企業の相對的な高金利 - 全國との比較による定量比較" 2006

11 家森信善, "リレーションシップバンキン機能は强化されたか-關西地域企業アンケートに基づく分析. in: リレーションシップバンキングと地域金融" 日本經濟新聞出版社 2007

12 內田浩史, "リレーションシップバンキングの經濟學. in: リレーションシップバンキングと地域金融" 日本經濟新聞出版社 2007

13 Davidson, P., "ost Keynesian Macroeconomic Theory" Edward Elgar 1994

14 Freimer, M., "Why bankers ration credit" 79 (79): 397-416, 1965

15 DeYoung, R., "Whither the community bank?" 25 : 81-84, 2004

16 Dow S. C., "Treatment of Money in Regional Economics" 27 : 13-24, 1987

17 Greenwald, "Towards a New Paradigm in Monetary Economics" Cmbridge University Press 2003

18 Porteous, D. J., "The geography of finance. in: spacial dimensions of intermediary behavior" Avebury 1995

19 Petersen, M. A., "The benefits of lending relationships: evidence from small business data" 49 : 3-37, 1994

20 Roberts R. B., "The Role of Monetary Forces in Regional Economic Activity: an Econometric Simulation Analysis" 19 : 15-29, 1979

21 Dow S. C., "The Regional Composition of the Money Multipluer Process" 29 (29): 22-44, 1982

22 Moore C. L., "The Impact of the Banking System on Regional Analyses" 19 (19): 29-35, 1985

23 Berger, A. N., "Small business credit availability and relationship lending: the importance of of bank organization structure" 112 : 32-53, 2002

24 Winger, A. R., "Regional Growth Disparities and the Mortgage Market" 24 : 659-662, 1969

25 Bias, P. V., "Regional Financial Segmentation in the United States" 32 : 321-334, 1992

26 Hutchison R. W., "Regional Financial Sector Models: an Application to the Northern Ireland Financial Sector" 24 : 421-432, 1990

27 Schaaf, A. H., "Regional Differences in Mortgage Financing Costs" 21 : 1966

28 Moore C. L., "Interregional Arbitrage and the Supply of Loanable [1] Funds" 22 : 499-512, 1982

29 Harrigan E. J., "Interregional Arbitrage and the Supply of Loanable Funds; a Model of Intermediate Financial Capital Mobility" 27 : 357-367, 1987

30 Rajan, R. G., "Insiders and outsiders: the choice between informed and arm's length debt" 47 (47): 1367-1400, 1992

31 Jaffee, D. M., "Imperfect Information, Uncertainty, and Credit Rationing" 90 (90): 651-666, 1976

32 Kano, "Geographical segmentation in Japanese bank loan markets" 33 : 157-174, 2003

33 Berger, A. N., "Further evidence on the link between finance and growth: an international analysis of community banking and economic performance" 25 : 169-202, 2004

34 Dow S. C., "Financial Markets and Regional Econoic Development. in: The Canadian Experience" Avebury 1990

35 Faini, R., "Finance and Development : the case of Southern Italy. in: Finance and Development : Issues and Experience" Cambridge University Press 1992

36 Miller, M. H., "Credit risk and credit rationing: further comment" 76 (76): 480-488, 1962

37 Hodgman, D. R., "Credit risk and credit rationing" 258-278, 1960

38 Jaffee, D. M., "Credit rationing and the commercial loan market" John Wiley & Sons Inc 1971

39 Stiglitz, J. E., "Credit Rationing in Markets with Imperfect Information" 71 (71): 393-410, 1981

40 Hubbard, R. G., "Capital-Market Imperfections and Investment" 36 : 193-225, 1998

41 Greenwald, B. C., "Capital Market Imperfection and Regional Economic Development. in: Finance and Development : Issues and Experience" Cambridge University Press 1992

42 Samolyk, K. A., "Banking conditions and regional economic performance: evidence of a regional credit channel" 34 : 259-278, 1994

43 Kane, E. J., "Bank portfolio allocation, deposit variability and the availability doctrine" 79 (79): 290-303, 1965

44 Avery, R. B., "Bank consolidation and small business lending: the role of community banks" 25 (25): 291-325, 2004

45 Sharp, S., "Asymmetric information, bank lending and implicit contracts: a stylized mode of customer relationship" 45 : 1069-1087, 1990

46 Cadbury, A., "A vision of community finance. in: Upscaling social investment : 50 case studies" INAISE 2000

47 Sussman, D., "A Theory of Fianacial Development. in: Finance and Development : Issues and Experience" Cambridge University Press 1992

48 Chick V., "A Post-Keynesian Perspective on the Relation Between Banking and Regional Development. in: Post-Keynsian Monetary Economics" Edward Elgar 1988