Measurement of China’s Financial Stress Index Based on AHM-EWM-GM (1, N)

DOI

10.2991/assehr.k.211209.555How to use a DOI?

Keywords

AHM-EWM model; GM (1, N); financial stress index; financial risk

Abstract

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.

Copyright

© 2021 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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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  -