Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)

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

Authors
Ying Ge1, a, *, Chunli Dou1
1DongWu Business School, Soochow University, Suzhou, Jiangsu, 215021
Corresponding Author
Ying Ge
Available Online 15 December 2021.
DOI
https://doi.org/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.

Download article (PDF)

Volume Title
Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
15 December 2021
ISBN
978-94-6239-483-4
ISSN
2352-5428
DOI
https://doi.org/10.2991/assehr.k.211209.555How to use a DOI?
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.

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  - https://doi.org/10.2991/assehr.k.211209.555
ID  - Ge2021
ER  -