Local Government Debt Risk Early-warning System and Empirical Analysis
Firstly, the methods of financial particle theory and objective decomposition are used in this paper to select the typical indexes from three sectors of borrowing, using & repaying and all sectors corresponding weight are shown, combined with risk mapping; Secondly, the range and claim-size distributions of all indexes are shown in international standard, and the risk factors are calculated; Finally, the paper draws the conclusion that the analysis report is consistent with the current situation combined with case analysis. So, local government policy makers can take appropriate measures to prevent and control the occurrence of debt risk based on the conclusion above.
Government Debt Early-warning System Risk Mapping Financial Particle Theory
Kao Yanming Ding Hongfu Brima Turay
School of Economics, Liaoning University, Shenyang, Liaoning,China School of Economics and Management Liaoning Shihua University Fushun, Liaoning,China
国际会议
北京
英文
13-15
2010-08-08(万方平台首次上网日期,不代表论文的发表时间)