Title :
Measurement of the financial risks and the early warning assess — Based on the sight of catastrophe model
Author :
Qiu-ling, Chen ; Qing, Zhang ; Yu-chun, Xue ; Lu, Xiao
Author_Institution :
School of International Business and Management, Shanghai University, P.O. Box 147 No. 99 Shangda Road, Shanghai 200444
Abstract :
This paper formulates a system, with strong alerting functions, of indices of assessing these risks. Defines the early warning borders of all kinds of indices and of all ranks of risks, and ranks the early warning of the financial risks. This paper constructs a catastrophe model of measurement and pre-warning of the financial risks according to the catastrophe theory. By using this theory and method, this paper quantifies and calculates the value of each subsidiary financial system and the degree of the financial risks.
Keywords :
Alarm systems; Economic forecasting; Economic indicators; Financial management; Macroeconomics; Mathematics; Risk management; Signal analysis; Signal to noise ratio; Sun; catastrophe model; the degree of the financial risks; the indices system of early warning; the rank of the early warning system;
Conference_Titel :
Industrial Engineering and Engineering Management, 2009. IE&EM '09. 16th International Conference on
Conference_Location :
Beijing, China
Print_ISBN :
978-1-4244-3671-2
Electronic_ISBN :
978-1-4244-3672-9
DOI :
10.1109/ICIEEM.2009.5344441
