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ID199624
Title ProperHow geopolitical tensions affect China’s systemic financial risk contagion
LanguageENG
AuthorZhou, YingXue
Summary / Abstract (Note)This study calculates China’s net risk from the perspective of the global systemic financial risk spillover network, and constructs TVP-VAR-SV models for China to examine the time-varying effects of geopolitical exposure on aggregate systemic financial risk contagion and investigate the heterogeneous impacts across different financial submarkets. Furthermore, an innovative combination of machine learning techniques for contribution decomposition and time-varying effect analysis is introduced to identify time-varying channel effects, providing a reference for channel analysis in other studies.
`In' analytical NoteChina Economic Review Vol. 90, Apr 2025: p.102366
Journal SourceChina Economic Review 2025-03 90, 90
Key WordsGeopolitical Tensions ;  Systemic financial risk ;  TVP-VAR-SV ;  Channel decomposition ;  Channels’ time-varying effect