Measurement of China’s Financial Stress Index Based on AHM-EWM-GM (1, N)
- 10.2991/assehr.k.211209.555How to use a DOI?
- AHM-EWM model; GM (1, N); financial stress index; financial risk
In recent years, the increasing uncertainty of China’s financial system, the gradual accumulation and dominance of financial risks covered by the rapid economic growth, the measurement of financial pressure, and the prevention of financial risks focus on deepening financial supervision. Based on the AHM (Attribute Hierarchy Model) - EWM (Entropy Weight Method) model, this paper constructs the financial stress index of China and uses the GM (1, N) model to predict the financial stress. The results show that: China’s total financial stress index aggregation frequent volatility is evident and the overall trend of rising, in a short period of high risk, low risk for a long time. The simulation results of the GM (1, N) model are in good agreement with the measured data, which verifies the effectiveness of the model in forecasting the financial stress index in China.
- © 2021 The Authors. Published by Atlantis Press International B.V.
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Cite this article
TY - CONF AU - Ying Ge AU - Chunli Dou PY - 2021 DA - 2021/12/15 TI - Measurement of China’s Financial Stress Index Based on AHM-EWM-GM (1, N) BT - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021) PB - Atlantis Press SP - 3414 EP - 3422 SN - 2352-5428 UR - https://doi.org/10.2991/assehr.k.211209.555 DO - 10.2991/assehr.k.211209.555 ID - Ge2021 ER -