Title: Data-Oriented Early Warning Indicators of Financial Crisis
Abstract:Early 2007, the subprime crisis emerged in Wall Street of the United States, which gradually developed into the biggest credit crunch and credit crisis since the Great Depression in 1930s. The scale, ...Early 2007, the subprime crisis emerged in Wall Street of the United States, which gradually developed into the biggest credit crunch and credit crisis since the Great Depression in 1930s. The scale, the impact and the loss of the crisis has been far more than expectation. However, traditional warning indicators of economy are not able to reflect the financial status of credit market in crisis. By a thorough analysis of origins and impact of credit crisis, this paper showed the complexity and uncertainty of the derived financial instruments, and established a new early warning system (EWS) model by data mining techniques.Read More
Publication Year: 2009
Publication Date: 2009-01-01
Language: en
Type: article
Indexed In: ['crossref']
Access and Citation
Cited By Count: 1
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot