资本市场的作用机制及对居民收入分配的影响

The mechanism of the capital market and its influence on distribution of the residents

资本市场是一个资源配置市场 ,同时也是投资的场所和投机场所。作为投资场所和投机场所 ,它通过渠道效应和分流效应直接影响居民和政府的收入规模与结构 ;作为资源配置市场 ,它通过影响社会资源使用结构 ,影响收入在企业间的分配格局 ,进而影响不同产业、地区的收入分配格局 。

The capital market is a market of resources distribution of investment and of investment and speculation.As a market of investment and speculation,it influences the income scale and struction of residents through channel effect and diversion effect.As a market of resource distribution,it influences the system of income distribution among enterprises,farther the industrial and regional incomes and finally the income of government and residents through affecte on resource utilization structure.