Nonlinear Similarity Model of Financial Contagion: The Difference of the Subprime Crisis and the European Debt Crisis
文献类型：期刊论文
| 作者 | Liu L(刘琳) ; Hui XF(惠晓峰); Shao YF(邵颖峰)
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| 刊名 | JOURNAL OF APPLIED SCIENCES
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| 出版日期 | 2013-11 |
| 卷号 | 13期号:11页码:1934-1940 |
| 关键词 | Subprime crisis European debt crisis financial contagion nonlinear similarity similarity index |
| ISSN号 | 1812-5654 |
| 产权排序 | [LIU, Lin1;HUI, Xiaofeng1;SHAO, Yingfeng2] 1.School of Management, Harbin Institute of Technology, Harbin, China; 2.State Key Laboratory of Nonlinear Mechanics(LNM),Institute of Mechanics,Chinese Academy of Sciences,Beijing, China |
| 通讯作者 | 刘琳 |
| 合作状况 | 国内 |
| 中文摘要 | This study develops a sign-modified nonlinear similarity model to study the contagion in financial crisis. We use the similarity index as an indicator to analyze the contagion of the United States and Greece to other six countries during the subprime crisis and the European debt crisis. Our results show that in the 2007-2009 subprime crisis the United States is the contagion source; and that in the 2010-2012 European debt crisis, the impacts of Greece to other countries are smaller than those of the United States except for Italy and Spain. We conclude that the harm of the financial crisis from a large economy is more severe than that from a small economy and the small economy's crisis mainly shocks the neighboring countries with similar economy. |
| 学科主题 | 一般力学 |
| 收录类别 | EI |
| 资助信息 | National Natural Science Foundation of China (71173060) |
| 原文出处 | http://scialert.net/abstract/?doi=jas.2013.1934.1940 |
| 语种 | 英语 |
| 公开日期 | 2014-03-21 |
| 源URL | [http://dspace.imech.ac.cn/handle/311007/48349]  |
| 专题 | 力学研究所_非线性力学国家重点实验室 |
| 推荐引用方式 GB/T 7714 | Liu L,Hui XF,Shao YF. Nonlinear Similarity Model of Financial Contagion: The Difference of the Subprime Crisis and the European Debt Crisis[J]. JOURNAL OF APPLIED SCIENCES,2013,13(11):1934-1940. |
| APA | 刘琳,惠晓峰,&邵颖峰.(2013).Nonlinear Similarity Model of Financial Contagion: The Difference of the Subprime Crisis and the European Debt Crisis.JOURNAL OF APPLIED SCIENCES,13(11),1934-1940. |
| MLA | 刘琳,et al."Nonlinear Similarity Model of Financial Contagion: The Difference of the Subprime Crisis and the European Debt Crisis".JOURNAL OF APPLIED SCIENCES 13.11(2013):1934-1940. |
入库方式： OAI收割
来源：力学研究所
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