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Connectedness and systemic risk spillovers analysis of Chinese sectors based on tail risk network

This paper investigates the systemic risk spillovers and connectedness in the sectoral tail risk network of Chinese stock market, and explores the transmission mechanism of systemic risk spillovers by block models. Based on conditional value at risk (CoVaR) and single index model (SIM) quantile regr...

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Détails bibliographiques
Publié dans:The North American Journal of Economics and Finance
Auteurs principaux: Zhang, Weiping, Zhuang, Xintian, Wang, Jian, Lu, Yang
Format: Artigo
Langue:Inglês
Publié: Elsevier Inc. 2020
Sujets:
Accès en ligne:https://ncbi.nlm.nih.gov/pmc/articles/PMC7341982/
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1016/j.najef.2020.101248
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