“不可露出宽裕之象”:财产合法性与清代官员家产结构

Keep Your Assets to Yourself: How the Legitimacy of the Officials' Household Assets in the Qing Dynasty Influenced their Asset Portfolio Structures

基于清代抄产档案所建立的官员家产数据,可以分析官员财产合法性程度对于其家产结构的影响。利用官员家庭总资产与收入的倍数作为财产合法性的度量,这一倍数越高,表明家产非法性程度越高。研究发现随着官员家产非法性程度升高,其持有土地这一易于被察觉的资产的比重越低,持有隐匿性更强的金融商业资产的比重越高。

Based on the officials＇ household assets data collected from the property-confiscation archives in the Qing Dynasty, we explore how the legitimacy of an official＇ s household assets influenced his assets portfolio structures. Using the multiple of an official＇ s total household assets and his legal salary as a measure of the legitimacy of his assets, we find out that the higher this multiple was, the higher the illegality of this official＇ s assets. We then find out that with the increase of the illegality of an official＇ s assets, the land he possessed as perceptible assets got a lower ratio, while his financial and commercial assets with strong concealment got a higher ratio.