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\/>\n<iframe loading=\"lazy\" title=\"\u9589\u3058\u3066\u3086\u304f\u5e1d\u56fd\u3068\u9006\u8aac\u306e21\u4e16\u7d00\u7d4c\u6e08 (\u96c6\u82f1\u793e\u65b0\u66f8)\" type=\"text\/html\" width=\"500\" height=\"550\" frameborder=\"0\" allowfullscreen style=\"max-width:100%\" src=\"https:\/\/read.amazon.com.au\/kp\/card?preview=inline&#038;linkCode=kpd&#038;ref_=k4w_oembed_wNiVJh1ynON4RF&#038;asin=4087208834&#038;tag=kpembed-20\"><\/iframe><br \/>\n\u79c1\u3068\u3057\u3066\u306f\u3001\u30a8\u30cd\u30eb\u30ae\u30fc\u3001\u74b0\u5883\u3001\u533b\u7642\u6280\u8853\u3092\u767a\u5c55\u3055\u305b\u306a\u304c\u3089\u3001\u3086\u3063\u304f\u308a\u5b87\u5b99\u3092\u958b\u767a\u306b\u884c\u304f\u306e\u304c\u6b21\u306e\u30d5\u30ed\u30f3\u30c6\u30a3\u30a2\u3060\u3068\u601d\u3044\u307e\u3059\u3002\u697d\u89b3\u7684\u3067\u3059\u3002<\/p>\n<p>\u82f1\u8a9e\u306f\u3000https:\/\/www.nytimes.com\/live\/2022\/10\/10\/business\/nobel-prize-economics\u3000\u304b\u3089<br \/>\nfinancial turmoil  \u7d4c\u6e08\u7684\u6df7\u4e71\u3000\u300c\u30bf\u300d\u30fc\u30e2\u30a4\u30eb\u3000level 8\u3000\u6df7\u4e71\u3001\u9a12\u4e71<br \/>\nFRB\u3001Fed, = Federal Reserve Board \u9023\u90a6\u6e96\u5099\u7406\u4e8b\u4f1a\u3000\u30a2\u30e1\u30ea\u30ab\u306e\u4e2d\u592e\u9280\u884c\uff09<br \/>\ncentral banks \u5404\u56fd\u306e\u4e2d\u592e\u9280\u884c\u3000<br \/>\n&ldquo;Mr. Bernanke in 1983 wrote a paper that broke ground in explaining that bank failures can propagate a financial crisis rather than simply being a result of the crisis.&rdquo; \u9280\u884c\u306e\u7834\u7dbb\u306f\u7d4c\u6e08\u5371\u6a5f\u306e\u7d50\u679c\u3067\u306f\u306a\u304f\u3001\u5371\u6a5f\u306e\u5897\u5927\u306b\u3064\u306a\u304c\u3063\u3066\u3044\u305f\u3068\u3059\u308b\u8349\u5206\u3051\u7684\u306a\u8ad6\u6587\u3092\u66f8\u3044\u305f\u3002<br \/>\npropagate \u4f1d\u642c\u3059\u308b\u3001\u5897\u6b96\u3055\u305b\u308b\u3001\u7e41\u6b96\u3059\u308b<br \/>\nground-breaking \u8349\u5206\u3051\u7684\u306a\u3001\u30d1\u30a4\u30aa\u30cb\u30a2\u7684\u306a level 13<br \/>\n&ldquo;Mr. Diamond and Mr. Dybvig the same year wrote a paper on the risks inherent in maturity transformation, the process of turning short-term borrowing into long-term lending.&rdquo; \u77ed\u671f\u501f\u5165\u3092\u9577\u671f\u50b5\u52d9\u306b\u5909\u63db\u3055\u305b\u308b\u904e\u7a0b\u3067\u3042\u308b\u6e80\u671f\u5909\u63db\u306b\u5185\u5728\u3059\u308b\u30ea\u30b9\u30af\u306b\u3064\u3044\u3066\u306e\u8ad6\u6587\u3092\u540c\u5e74\u306b\u66f8\u3044\u305f\u3002<br \/>\nhttps:\/\/www.bu.edu\/econ\/files\/2012\/01\/DD83jpe.pdf\u3000\u3000\u2190\u6570\u5f0f\u304c\u51fa\u3066\u304d\u3066\u697d\u3057\u305d\u3046\u3067\u3059\u3002<br \/>\nhttps:\/\/www.proz.com\/kudoz\/english-to-japanese\/finance-general\/7004683-maturity-transformation.html<br \/>\ninherent\u3000\u30a4\u30f3\u300c\u30d8\u300d\u30ec\u30f3\u30c8\u3000\uff08\u5f62\u5bb9\u8a5e\uff09\u5185\u5728\u3059\u308b<br \/>\ninherit \u30a4\u30f3\u300c\u30d8\u300d\u30ea\u30c3\u30c8\u3000\u76f8\u7d9a\u3059\u308b<br \/>\nmaturity \u6210\u719f\u3000\u30de\u300c\u30c1\u30e5\u300d\u30ea\u30c6\u30a3<br \/>\nterm \u671f\u9593<br \/>\nlending \u501f\u5165<br \/>\nlose faith in the stability of the system \u30b7\u30b9\u30c6\u30e0\u306e\u5b89\u5b9a\u6027\u306b\u4e0d\u5b89\u3092\u62b1\u304f\uff08\u3078\u306e\u4fe1\u983c\u3092\u7121\u304f\u3059\uff09<br \/>\nBut he added that the world is better prepared for any financial upheaval now than it was during the financial crisis in 2008, because \u201crecent memories of that crisis\u201d and regulatory improvements have made the banking system less vulnerable.<br \/>\nupheaval  \u30a2\u30d7\u300c\u30d2\u300d\u30fc\u30f4\u30a1\u308b\u3000\u5927\u5909\u52d5\u3001\u9686\u8d77\u3001\u52d5\u4e71\u3000level 10<br \/>\nregulatory improvements \u898f\u5236\u306e\u6539\u5584\u3000\u300c\u30ec\u300d\u30ae\u30e5\u3089\u30c8\u30ea\u3000\uff08\u5f62\u5bb9\u8a5e\uff09\u898f\u5b9a\u3059\u308b\u3001\u53d6\u308a\u7de0\u307e\u308b\u3001\u8abf\u7bc0\u3059\u308b\u3000level 8<br \/>\nvulnerable \u8106\u5f31\u306a<\/p>\n","protected":false},"excerpt":{"rendered":"<p>2022\u5e74\u306e\u30ce\u30fc\u30d9\u30eb\u7d4c\u6e08\u5b66\u8cde\u306f\u7d4c\u6e08\u5371\u6a5f\u306b\u304a\u3051\u308b\u9280\u884c\u306e\u5f79\u5272\u306b\u95a2\u3059\u308b\u696d\u7e3e\u3067\u524d\u7c73\u56fd\u9023\u90a6\u6e96\u5099\u7406\u4e8b\u4f1a\u8b70\u9577\u306e B.S.Bernanke,\u30b7\u30ab\u30b4\u5927\u5b66\u306eD.W.Diamond, Washington Univ. in St Louis\u306eP.H.Dybvig\u306e\uff13\u6c0f\u306b\u4e0e\u3048\u3089\u308c\u307e\u3057\u305f\u30021930\u5e74\u4ee3\u306e\u4e16\u754c\u6050\u614c\u306f\u91d1\u672c\u4f4d\u5236\u306e\u7e1b\u308a\u3067\u901a\u8ca8\u4f9b\u7d66\u91cf\u3092\u5897\u3084\u305b\u305a\u30011990\u5e74\u4ee3\u306e\u65e5\u672c\u306e\u30d0\u30d6\u30eb\u5d29\u58ca\u6642\u306f\u4e16\u8ad6\u3082\u3042\u308a\u5f15\u7de0\u3081\u3092\u3057\u3059\u304e\u3066\u82e6\u52b4\u3057\u307e\u3057\u305f\u30022008\u5e74\u306e\u30ea\u30fc\u30de\u30f3\u30b7\u30e7\u30c3\u30af\u5f8c\u306f\u3001\u5371\u6a5f\u306b\u3042\u3063\u3066\u306f\u9280\u884c\u3092\u5b88\u308c\u3001\u3068\u3044\u3046\u8a8d\u8b58\u3067\u5f53\u5c40\u306f\u884c\u52d5\u3057\u3066\u3044\u308b\u3088\u3046\u3067\u3059\u3002\u4eca\u56de\u306e\u30b3\u30ed\u30ca\u5371\u6a5f\u3067\u306f\u5404\u56fd\u3068\u3082\u7a4d\u6975\u7684\u306b\u304a\u91d1\u3092\u914d\u308a\u307e\u3057\u305f\u3002\u526f\u4f5c\u7528\u3067\u30a4\u30f3\u30d5\u30ec\u3084\u70ba\u66ff\u4e0d\u5b89\u5b9a\u304c\u8d77\u3053\u3063\u3066\u3044\u307e\u3059\u304c&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[52],"tags":[15],"class_list":["post-1563","post","type-post","status-publish","format-standard","hentry","category-economics","tag-economics"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.sekaiken.com\/index.php?rest_route=\/wp\/v2\/posts\/1563","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sekaiken.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sekaiken.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sekaiken.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sekaiken.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1563"}],"version-history":[{"count":0,"href":"https:\/\/www.sekaiken.com\/index.php?rest_route=\/wp\/v2\/posts\/1563\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.sekaiken.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sekaiken.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sekaiken.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}