{"id":2635,"date":"2017-04-10T16:10:31","date_gmt":"2017-04-10T08:10:31","guid":{"rendered":"http:\/\/blog.rchss.sinica.edu.tw\/wwchu\/?p=2635"},"modified":"2017-04-10T16:10:45","modified_gmt":"2017-04-10T08:10:45","slug":"%e6%b5%81%e5%8a%a8%e6%80%a7%e3%80%81%e5%bd%b1%e5%ad%90%e9%93%b6%e8%a1%8c%e4%b8%8e%e5%85%a8%e7%90%83%e7%bb%8f%e6%b5%8e%e5%a4%b1%e8%a1%a1-%e8%b2%a1%e7%b6%93","status":"publish","type":"post","link":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/?p=2635","title":{"rendered":"\u6d41\u52a8\u6027\u3001\u5f71\u5b50\u94f6\u884c\u4e0e\u5168\u7403\u7ecf\u6d4e\u5931\u8861&#8211;\u8ca1\u7d93"},"content":{"rendered":"<h1 id=\"news-title\">\u4f5c\u8005\uff1a\u738b\u6c38\u94a6\/\u6587\u00a0 \u82cf\u7426\/\u7f16\u8f91<\/h1>\n<div>2017-04-10 14:24<\/div>\n<p>http:\/\/www.caijingmobile.com\/detail\/327236.php?from=timeline&#038;isappinstalled=0<\/p>\n<p><span style=\"color: #000000;font-size: medium\">\u5168\u7403\u7ecf\u6d4e\u5931\u8861\u80cc\u540e\u7684\u4e00\u4e2a\u91cd\u8981\u6839\u6e90\u662f\u91d1\u878d\u53d1\u5c55\u7684\u5931\u8861\uff0c\u7f8e\u56fd\u5f71\u5b50\u94f6\u884c\u4f53\u7cfb\u6ee1\u8db3\u4e86\u5168\u4e16\u754c\u5bf9\u5b89\u5168\u8d44\u4ea7\u7684\u9700\u6c42\u3002\u4e2d\u56fd\u5b58\u5728\u623f\u5730\u4ea7\u6ce1\u6cab\u548c\u5f71\u5b50\u94f6\u884c\u4f53\u7cfb\u7684\u84ec\u52c3\u53d1\u5c55\u662f\u56e0\u4e3a\u4e2d\u56fd\u7684\u91d1\u878d\u4f53\u7cfb\u4e2d\u532e\u4e4f\u53ef\u4ee5\u4fdd\u503c\u3001\u7528\u4f5c\u62b5\u62bc\u54c1\u7684\u5b89\u5168\u8d44\u4ea7\u3002\u4e2d\u56fd\u5e94\u901a\u8fc7\u53d1\u5c55\u503a\u5238\u5e02\u573a\u548c\u4ea7\u6743\u6539\u9769\u5236\u9020\u5b89\u5168\u8d44\u4ea7\u3002<\/span><\/p>\n<p><span style=\"font-size: medium\"><span style=\"color: #000000\">\u81ea<span style=\"font-family: Calibri\">2008<\/span>\u5e74\u7206\u53d1\u4e8e\u7f8e\u56fd\u7684\u5168\u7403\u6027\u91d1\u878d\u5371\u673a\u4ee5\u6765\uff0c\u91d1\u878d\u4f53\u7cfb\u7684\u6d41\u52a8\u6027\u95ee\u9898\u4e00\u76f4\u662f\u5b66\u672f\u754c\u548c\u653f\u7b56\u754c\u8ba8\u8bba\u7684\u6838\u5fc3\u95ee\u9898\u3002\u5b66\u8005\u4eec\u8ba4\u4e3a\u8fd9\u6b21\u91d1\u878d\u5371\u673a\u6e90\u4e8e\u7f8e\u56fd\u5f71\u5b50\u94f6\u884c\u4f53\u7cfb\u7684\u6324\u5151\uff08<span style=\"font-family: Calibri\">shadow bank run<\/span>\uff09\u548c\u6d41\u52a8\u6027\u51bb\u7ed3\u3002\u7a76\u7adf\u4ec0\u4e48\u662f\u6d41\u52a8\u6027\uff1f\u5b83\u5728\u5f53\u4ee3\u91d1\u878d\u4f53\u7cfb\u548c\u7ecf\u6d4e\u4f53\u7cfb\u4e2d\u626e\u6f14\u4e86\u4ec0\u4e48\u89d2\u8272\uff1f\u6d41\u52a8\u6027\u89c6\u89d2\u5bf9\u7406\u89e3\u4e2d\u56fd\u7684\u91d1\u878d\u548c\u7ecf\u6d4e\u95ee\u9898\u53c8\u6709\u4ec0\u4e48\u610f\u4e49\uff1f<\/span><\/span><\/p>\n<p><span style=\"color: #000000;font-family: Calibri;font-size: medium\">\u00a0<\/span><span style=\"font-size: medium\"><span style=\"color: #000000\">\u970d\u5c14\u59c6\u65af\u7279\u6717\u548c\u68af\u82e5\u5c14\u8fd9\u4e24\u4f4d\u7ecf\u6d4e\u5b66\u5927\u5e08\u8054\u8882\u800c\u8457\u7684\u300a\u5185\u90e8\u6d41\u52a8\u6027\u4e0e\u5916\u90e8\u6d41\u52a8\u6027\u300b\u4e3a\u6211\u4eec\u7406\u89e3\u8fd9\u4e00\u7cfb\u5217\u95ee\u9898\u63d0\u4f9b\u4e86\u65b0\u601d\u7ef4\u3002\u970d\u5c14\u59c6\u65af\u7279\u6717\u548c\u68af\u82e5\u5c14\u90fd\u662f\u5fae\u89c2\u7406\u8bba\u548c\u91d1\u878d\u7ecf\u6d4e\u5b66\u9886\u57df\u7684\u9876\u5c16\u5b66\u8005\uff0c\u5206\u522b\u4e8e<span style=\"font-family: Calibri\">2016<\/span>\u5e74\u548c<span style=\"font-family: Calibri\">2014<\/span>\u5e74\u83b7\u5f97\u4e86\u7ecf\u6d4e\u5b66\u8bfa\u8d1d\u5c14\u5956\u3002\u4ed6\u4eec\u5728\u4e0a\u4e16\u7eaa<span style=\"font-family: Calibri\">90<\/span>\u5e74\u4ee3\u5c31\u5f00\u59cb\u601d\u8003\u548c\u7814\u7a76\u91d1\u878d\u5e02\u573a\u7684\u6d41\u52a8\u6027\u548c\u91d1\u878d\u4e2d\u4ecb\u95ee\u9898\uff0c\u5728\u8fd9\u65b9\u9762\u53d1\u8868\u4e86\u591a\u7bc7\u5960\u57fa\u6027\u7684\u8bba\u6587\uff0c\u5176\u53d1\u5c55\u7684\u6a21\u578b\u5df2\u7ecf\u6210\u4e3a\u91d1\u878d\u7ecf\u6d4e\u5b66\u548c\u5b8f\u89c2\u7ecf\u6d4e\u5b66\u7684\u57fa\u7840\u6a21\u578b\uff08<span style=\"font-family: Calibri\">workhorse model<\/span>\uff09\uff0c\u4e3a\u601d\u8003\u5f88\u591a\u91d1\u878d\u548c\u5b8f\u89c2\u95ee\u9898\u63d0\u4f9b\u4e86\u7edf\u4e00\u7684\u65b9\u6cd5\u3002<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u4f5c\u8005\uff1a\u738b\u6c38\u94a6\/\u6587\u00a0 \u82cf\u7426\/\u7f16\u8f91 2017-04-10 14:24 http:\/\/www.caijingmobile.com\/detail\/327236.php?from=timeline&#038;isappinstalled=0 \u5168\u7403\u7ecf\u6d4e\u5931\u8861\u80cc\u540e\u7684\u4e00\u4e2a\u91cd\u8981\u6839\u6e90\u662f\u91d1\u878d\u53d1\u5c55\u7684\u5931\u8861\uff0c\u7f8e\u56fd\u5f71\u5b50\u94f6\u884c\u4f53\u7cfb\u6ee1\u8db3\u4e86\u5168\u4e16\u754c\u5bf9\u5b89\u5168\u8d44\u4ea7\u7684\u9700\u6c42\u3002\u4e2d\u56fd\u5b58\u5728\u623f\u5730\u4ea7\u6ce1\u6cab\u548c\u5f71\u5b50\u94f6\u884c\u4f53\u7cfb\u7684\u84ec\u52c3\u53d1\u5c55\u662f\u56e0\u4e3a\u4e2d\u56fd\u7684\u91d1\u878d\u4f53\u7cfb\u4e2d\u532e\u4e4f\u53ef\u4ee5\u4fdd\u503c\u3001\u7528\u4f5c\u62b5\u62bc\u54c1\u7684\u5b89\u5168\u8d44\u4ea7\u3002\u4e2d\u56fd\u5e94\u901a\u8fc7\u53d1\u5c55\u503a\u5238\u5e02\u573a\u548c\u4ea7\u6743\u6539\u9769\u5236\u9020\u5b89\u5168\u8d44\u4ea7\u3002 \u81ea2008\u5e74\u7206\u53d1\u4e8e\u7f8e\u56fd\u7684\u5168\u7403\u6027\u91d1\u878d\u5371\u673a\u4ee5\u6765\uff0c\u91d1\u878d\u4f53\u7cfb\u7684\u6d41\u52a8\u6027\u95ee\u9898\u4e00\u76f4\u662f\u5b66\u672f\u754c\u548c\u653f\u7b56\u754c\u8ba8\u8bba\u7684\u6838\u5fc3\u95ee\u9898\u3002\u5b66\u8005\u4eec\u8ba4\u4e3a\u8fd9\u6b21\u91d1\u878d\u5371\u673a\u6e90\u4e8e\u7f8e\u56fd\u5f71\u5b50\u94f6\u884c\u4f53\u7cfb\u7684\u6324\u5151\uff08shadow bank run\uff09\u548c\u6d41\u52a8\u6027\u51bb\u7ed3\u3002\u7a76\u7adf\u4ec0\u4e48\u662f\u6d41\u52a8\u6027\uff1f\u5b83\u5728\u5f53\u4ee3\u91d1\u878d\u4f53\u7cfb\u548c\u7ecf\u6d4e\u4f53\u7cfb\u4e2d\u626e\u6f14\u4e86\u4ec0\u4e48\u89d2\u8272\uff1f\u6d41\u52a8\u6027\u89c6\u89d2\u5bf9\u7406\u89e3\u4e2d\u56fd\u7684\u91d1\u878d\u548c\u7ecf\u6d4e\u95ee\u9898\u53c8\u6709\u4ec0\u4e48\u610f\u4e49\uff1f \u00a0\u970d\u5c14\u59c6\u65af\u7279\u6717\u548c\u68af\u82e5\u5c14\u8fd9\u4e24\u4f4d\u7ecf\u6d4e\u5b66\u5927\u5e08\u8054\u8882\u800c\u8457\u7684\u300a\u5185\u90e8\u6d41\u52a8\u6027\u4e0e\u5916\u90e8\u6d41\u52a8\u6027\u300b\u4e3a\u6211\u4eec\u7406\u89e3\u8fd9\u4e00\u7cfb\u5217\u95ee\u9898\u63d0\u4f9b\u4e86\u65b0\u601d\u7ef4\u3002\u970d\u5c14\u59c6\u65af\u7279\u6717\u548c\u68af\u82e5\u5c14\u90fd\u662f\u5fae\u89c2\u7406\u8bba\u548c\u91d1\u878d\u7ecf\u6d4e\u5b66\u9886\u57df\u7684\u9876\u5c16\u5b66\u8005\uff0c\u5206\u522b\u4e8e2016\u5e74\u548c2014\u5e74\u83b7\u5f97\u4e86\u7ecf\u6d4e\u5b66\u8bfa\u8d1d\u5c14\u5956\u3002\u4ed6\u4eec\u5728\u4e0a\u4e16\u7eaa90\u5e74\u4ee3\u5c31\u5f00\u59cb\u601d\u8003\u548c\u7814\u7a76\u91d1\u878d\u5e02\u573a\u7684\u6d41\u52a8\u6027\u548c\u91d1\u878d\u4e2d\u4ecb\u95ee\u9898\uff0c\u5728\u8fd9\u65b9\u9762\u53d1\u8868\u4e86\u591a\u7bc7\u5960\u57fa\u6027\u7684\u8bba\u6587\uff0c\u5176\u53d1\u5c55\u7684\u6a21\u578b\u5df2\u7ecf\u6210\u4e3a\u91d1\u878d\u7ecf\u6d4e\u5b66\u548c\u5b8f\u89c2\u7ecf\u6d4e\u5b66\u7684\u57fa\u7840\u6a21\u578b\uff08workhorse model\uff09\uff0c\u4e3a\u601d\u8003\u5f88\u591a\u91d1\u878d\u548c\u5b8f\u89c2\u95ee\u9898\u63d0\u4f9b\u4e86\u7edf\u4e00\u7684\u65b9\u6cd5\u3002 &nbsp;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,7],"tags":[],"class_list":["post-2635","post","type-post","status-publish","format-standard","hentry","category-china-finance","category-international-economics"],"_links":{"self":[{"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=\/wp\/v2\/posts\/2635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2635"}],"version-history":[{"count":3,"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=\/wp\/v2\/posts\/2635\/revisions"}],"predecessor-version":[{"id":2638,"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=\/wp\/v2\/posts\/2635\/revisions\/2638"}],"wp:attachment":[{"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}