本刊讯近日证券业理论工作者张卫星就股票市场与实体经济的关系问题提出看法。他认为，股票市场这种虚拟经济有两个非常重要的效应，即“财富膨胀效应”（简称为财富效应）和“财富紧缩效应”。这两种效应非常强大。如某村庄有１００户村民，村民家中的财富就是每户都有一个要 Recently, the journalist Zhang Weixing, a securities industry theoretical worker, put forward his views on the relationship between the stock market and the real economy. He believes that the virtual market in the stock market has two very important effects, namely, “the wealth expansion effect” (referred to as the wealth effect) and the “wealth contraction effect.” These two effects are very powerful. If a village has 100 villagers, the wealth of the villagers' families is that each household has one to want