CAJ | 학술논문

资产需求是由经济体的价值储存需要与抵押需要构成;资产供应由资产的基础价值构成,其取决于未来资产收益的贴现值.二者相等时,资产市场达到供需均衡.资产供应赶不上资产需求时,则产生资产短缺状态.文章改进了资产短缺指数,并计算了中国的资产短缺状况,结论表明中国存在着严重的资产短缺.应对措施主要有正视资产短缺,妥善管理资产泡沫和大力发展金融,以消除资产短缺.
자산수구시유경제체적개치저존수요여저압수요구성;자산공응유자산적기출개치구성,기취결우미래자산수익적첩현치.이자상등시,자산시장체도공수균형.자산공응간불상자산수구시,칙산생자산단결상태.문장개진료자산단결지수,병계산료중국적자산단결상황,결론표명중국존재착엄중적자산단결.응대조시주요유정시자산단결,타선관리자산포말화대력발전금융,이소제자산단결.
Asset demand includes the needs to store the value ofthe economy ann mortgage; assets supply includes the fundamental value of the asset, which depends on the discounted value of the future return on assets. If asset demand equals asset supply, asset markets reach a equilibrium of supply and demand. If assets supply can not keep pace with the asset demand, assets shortages gen- erate. Article improved asset shortage index and calculate assets shortages. The conclusion shows that there has been being a serious shortage of assets in China. We should learn to manage the bub- ble and prevent the devastating effect of bubble burst. To eliminate shortages, the fundamental measure is finance development to increase assets supply.