An Empirical Study about the Effect Which “Bao Bao” Internet Monetary Funds Make on Deposits in Chinese Commercial Banks

摘要

This paper chooses 14 listed banks in China June 2013 to March 2016 quarter data as sample, exploding the effect of “Bao bao” Internet monetary funds on deposits in commercial banks based on the econometric model. The empirical results show that “Bao bao” Internet monetary funds have not been diverted the deposits balance of commercial banks, but it increases the cost of deposits of commercial banks, and brings a certain amount of pressure on interest payments of Chinese commercial banks.