{"id":"https://openalex.org/W4229030141","doi":"https://doi.org/10.3233/jifs-212178","title":"Research on prediction of China\u2019s financial systematic risk based on the hybrid model","display_name":"Research on prediction of China\u2019s financial systematic risk based on the hybrid model","publication_year":2022,"publication_date":"2022-01-14","ids":{"openalex":"https://openalex.org/W4229030141","doi":"https://doi.org/10.3233/jifs-212178"},"language":"en","primary_location":{"id":"doi:10.3233/jifs-212178","is_oa":false,"landing_page_url":"https://doi.org/10.3233/jifs-212178","pdf_url":null,"source":{"id":"https://openalex.org/S179157397","display_name":"Journal of Intelligent & Fuzzy Systems","issn_l":"1064-1246","issn":["1064-1246","1875-8967"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310318577","host_organization_name":"IOS Press","host_organization_lineage":["https://openalex.org/P4310318577"],"host_organization_lineage_names":["IOS Press"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Intelligent & Fuzzy Systems","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5088984914","display_name":"Tingting Zhang","orcid":"https://orcid.org/0000-0001-9478-9564"},"institutions":[{"id":"https://openalex.org/I80947539","display_name":"Fuzhou University","ror":"https://ror.org/011xvna82","country_code":"CN","type":"education","lineage":["https://openalex.org/I80947539"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Tingting Zhang","raw_affiliation_strings":["School of Economics and Management, Fuzhou University, Fuzhou, Fujian, PR China"],"affiliations":[{"raw_affiliation_string":"School of Economics and Management, Fuzhou University, Fuzhou, Fujian, PR China","institution_ids":["https://openalex.org/I80947539"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5038400025","display_name":"Zhenpeng Tang","orcid":"https://orcid.org/0000-0002-8376-2128"},"institutions":[{"id":"https://openalex.org/I80947539","display_name":"Fuzhou University","ror":"https://ror.org/011xvna82","country_code":"CN","type":"education","lineage":["https://openalex.org/I80947539"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Zhenpeng Tang","raw_affiliation_strings":["School of Economics and Management, Fuzhou University, Fuzhou, Fujian, PR China"],"affiliations":[{"raw_affiliation_string":"School of Economics and Management, Fuzhou University, Fuzhou, Fujian, PR China","institution_ids":["https://openalex.org/I80947539"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5065720891","display_name":"Linjie Zhan","orcid":null},"institutions":[{"id":"https://openalex.org/I80947539","display_name":"Fuzhou University","ror":"https://ror.org/011xvna82","country_code":"CN","type":"education","lineage":["https://openalex.org/I80947539"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Linjie Zhan","raw_affiliation_strings":["School of Economics and Management, Fuzhou University, Fuzhou, Fujian, PR China"],"affiliations":[{"raw_affiliation_string":"School of Economics and Management, Fuzhou University, Fuzhou, Fujian, PR China","institution_ids":["https://openalex.org/I80947539"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5044225821","display_name":"Xiaoxu Du","orcid":"https://orcid.org/0000-0001-9915-5923"},"institutions":[{"id":"https://openalex.org/I80947539","display_name":"Fuzhou University","ror":"https://ror.org/011xvna82","country_code":"CN","type":"education","lineage":["https://openalex.org/I80947539"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Xiaoxu Du","raw_affiliation_strings":["School of Economics and Management, Fuzhou University, Fuzhou, Fujian, PR China"],"affiliations":[{"raw_affiliation_string":"School of Economics and Management, Fuzhou University, Fuzhou, Fujian, PR China","institution_ids":["https://openalex.org/I80947539"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5101927042","display_name":"Kaijie Chen","orcid":"https://orcid.org/0000-0002-6144-0160"},"institutions":[{"id":"https://openalex.org/I80947539","display_name":"Fuzhou University","ror":"https://ror.org/011xvna82","country_code":"CN","type":"education","lineage":["https://openalex.org/I80947539"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Kaijie Chen","raw_affiliation_strings":["School of Economics and Management, Fuzhou University, Fuzhou, Fujian, PR China"],"affiliations":[{"raw_affiliation_string":"School of Economics and Management, Fuzhou University, Fuzhou, Fujian, PR China","institution_ids":["https://openalex.org/I80947539"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":5,"corresponding_author_ids":["https://openalex.org/A5038400025"],"corresponding_institution_ids":["https://openalex.org/I80947539"],"apc_list":null,"apc_paid":null,"fwci":0.6178,"has_fulltext":false,"cited_by_count":3,"citation_normalized_percentile":{"value":0.77368223,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":96},"biblio":{"volume":"43","issue":"1","first_page":"279","last_page":"294"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11059","display_name":"Market Dynamics and Volatility","score":0.9871000051498413,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11059","display_name":"Market Dynamics and Volatility","score":0.9871000051498413,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11052","display_name":"Energy Load and Power Forecasting","score":0.9846000075340271,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T11326","display_name":"Stock Market Forecasting Methods","score":0.9659000039100647,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/systemic-risk","display_name":"Systemic risk","score":0.6985981464385986},{"id":"https://openalex.org/keywords/financial-market","display_name":"Financial market","score":0.5830447673797607},{"id":"https://openalex.org/keywords/robustness","display_name":"Robustness (evolution)","score":0.5403014421463013},{"id":"https://openalex.org/keywords/financial-risk","display_name":"Financial risk","score":0.4841192662715912},{"id":"https://openalex.org/keywords/stock-market","display_name":"Stock market","score":0.48039916157722473},{"id":"https://openalex.org/keywords/china","display_name":"China","score":0.4241105616092682},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.4159468412399292},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.3983360528945923},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.39697253704071045},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.326577365398407},{"id":"https://openalex.org/keywords/financial-crisis","display_name":"Financial crisis","score":0.2476690709590912}],"concepts":[{"id":"https://openalex.org/C144587487","wikidata":"https://www.wikidata.org/wiki/Q1369234","display_name":"Systemic risk","level":3,"score":0.6985981464385986},{"id":"https://openalex.org/C19244329","wikidata":"https://www.wikidata.org/wiki/Q208697","display_name":"Financial market","level":2,"score":0.5830447673797607},{"id":"https://openalex.org/C63479239","wikidata":"https://www.wikidata.org/wiki/Q7353546","display_name":"Robustness (evolution)","level":3,"score":0.5403014421463013},{"id":"https://openalex.org/C76073288","wikidata":"https://www.wikidata.org/wiki/Q1337875","display_name":"Financial risk","level":2,"score":0.4841192662715912},{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.48039916157722473},{"id":"https://openalex.org/C191935318","wikidata":"https://www.wikidata.org/wiki/Q148","display_name":"China","level":2,"score":0.4241105616092682},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4159468412399292},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3983360528945923},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.39697253704071045},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.326577365398407},{"id":"https://openalex.org/C2778300220","wikidata":"https://www.wikidata.org/wiki/Q114380","display_name":"Financial crisis","level":2,"score":0.2476690709590912},{"id":"https://openalex.org/C55493867","wikidata":"https://www.wikidata.org/wiki/Q7094","display_name":"Biochemistry","level":1,"score":0.0},{"id":"https://openalex.org/C2780762169","wikidata":"https://www.wikidata.org/wiki/Q5905368","display_name":"Horse","level":2,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C104317684","wikidata":"https://www.wikidata.org/wiki/Q7187","display_name":"Gene","level":2,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.3233/jifs-212178","is_oa":false,"landing_page_url":"https://doi.org/10.3233/jifs-212178","pdf_url":null,"source":{"id":"https://openalex.org/S179157397","display_name":"Journal of Intelligent & Fuzzy Systems","issn_l":"1064-1246","issn":["1064-1246","1875-8967"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310318577","host_organization_name":"IOS Press","host_organization_lineage":["https://openalex.org/P4310318577"],"host_organization_lineage_names":["IOS Press"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Intelligent & Fuzzy Systems","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.4399999976158142,"id":"https://metadata.un.org/sdg/17","display_name":"Partnerships for the goals"}],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":60,"referenced_works":["https://openalex.org/W625457988","https://openalex.org/W1528857264","https://openalex.org/W1550350651","https://openalex.org/W1636196282","https://openalex.org/W1938183402","https://openalex.org/W1964537798","https://openalex.org/W1986478348","https://openalex.org/W2015780725","https://openalex.org/W2022943116","https://openalex.org/W2027761197","https://openalex.org/W2041723890","https://openalex.org/W2054550294","https://openalex.org/W2071126638","https://openalex.org/W2089468765","https://openalex.org/W2116701769","https://openalex.org/W2120390927","https://openalex.org/W2137340504","https://openalex.org/W2158058145","https://openalex.org/W2160097539","https://openalex.org/W2160849785","https://openalex.org/W2162765294","https://openalex.org/W2170062827","https://openalex.org/W2170860824","https://openalex.org/W2176873585","https://openalex.org/W2261558790","https://openalex.org/W2408153441","https://openalex.org/W2607195701","https://openalex.org/W2740436868","https://openalex.org/W2769020013","https://openalex.org/W2780486892","https://openalex.org/W2793960839","https://openalex.org/W2800138630","https://openalex.org/W2811103148","https://openalex.org/W2890866454","https://openalex.org/W2892004704","https://openalex.org/W2896761929","https://openalex.org/W2918452167","https://openalex.org/W2928415409","https://openalex.org/W2943209282","https://openalex.org/W2952713126","https://openalex.org/W2956244202","https://openalex.org/W2966049956","https://openalex.org/W2998267714","https://openalex.org/W3009682629","https://openalex.org/W3017272824","https://openalex.org/W3022836749","https://openalex.org/W3043928563","https://openalex.org/W3090567706","https://openalex.org/W3119836263","https://openalex.org/W3121560716","https://openalex.org/W3121823203","https://openalex.org/W3122471459","https://openalex.org/W3123742910","https://openalex.org/W3124407416","https://openalex.org/W3126121864","https://openalex.org/W3144900136","https://openalex.org/W3200432063","https://openalex.org/W6712993164","https://openalex.org/W6814343861","https://openalex.org/W7055446726"],"related_works":["https://openalex.org/W613889982","https://openalex.org/W2347071282","https://openalex.org/W2892044735","https://openalex.org/W4301357666","https://openalex.org/W348488691","https://openalex.org/W3124300971","https://openalex.org/W2953117877","https://openalex.org/W3122571444","https://openalex.org/W2645942849","https://openalex.org/W2386464275"],"abstract_inverted_index":{"An":[0],"important":[1],"feature":[2],"of":[3,6,16,22,35,47,76,145,181,190,199],"the":[4,12,19,23,33,44,48,63,94,108,114,136,142,155,168,185,196,224,227],"outbreak":[5],"systemic":[7,36,77,85,143,240],"financial":[8,24,37,49,56,68,73,84,147,170,201,241],"risk":[9,17,38,144,182,208],"is":[10,161],"that":[11,167,195],"linkage":[13],"and":[14,70,101,110,129,153,203,216],"contagion":[15],"amongst":[18],"various":[20],"sub-markets":[21],"system":[25,117],"have":[26,217],"increased":[27],"significantly.":[28],"In":[29,220],"addition,":[30,221],"research":[31,60,118],"on":[32,88,107],"prediction":[34,156],"plays":[39],"a":[40,72,191],"significant":[41],"role":[42],"in":[43,113,173,184,232],"sustainable":[45],"development":[46],"market.":[50,104,148],"Therefore,":[51],"this":[52,120,174,233],"paper":[53,121,175,234],"takes":[54],"China\u2019s":[55,146,169,200],"market":[57],"as":[58],"its":[59,83,204],"object,":[61],"considers":[62],"risks":[64],"co-activity":[65],"among":[66],"major":[67],"sub-markets,":[69],"constructs":[71],"composite":[74],"indicator":[75],"stress":[78,86],"(CISS)":[79],"for":[80,239],"China,":[81],"describing":[82],"based":[87],"12":[89],"basic":[90],"indicators":[91],"selected":[92],"from":[93],"money":[95],"market,":[96,98,100],"bond":[97],"stock":[99],"foreign":[102],"exchange":[103],"Furthermore,":[105],"drawing":[106],"decomposition":[109,126],"integration":[111],"technology":[112,128],"TEI@I":[115],"complex":[116],"methodology,":[119],"introduces":[122],"advanced":[123],"variational":[124],"mode":[125],"(VMD)":[127],"extreme":[130],"learning":[131],"machine":[132],"(ELM)":[133],"algorithms,":[134],"constructing":[135],"VMD-DE-ELM":[137,228],"hybrid":[138,229],"model":[139,230],"to":[140,150,206],"predict":[141],"According":[149],"eRMSE,":[151],"eMAE,":[152],"eMAPE,":[154],"model\u2019s":[157],"multistep-ahead":[158],"forecasting":[159],"effect":[160],"evaluated.":[162],"The":[163,188],"empirical":[164],"results":[165,189],"show":[166,194],"CISS":[171,202],"constructed":[172,231],"can":[176],"effectively":[177],"identify":[178,207],"all":[179],"kinds":[180],"events":[183,209],"sample":[186],"range.":[187],"robustness":[192],"test":[193],"overall":[197],"trend":[198],"ability":[205,238],"are":[210],"not":[211],"affected":[212],"by":[213],"parameter":[214],"selection":[215],"good":[218],"robustness.":[219],"compared":[222],"with":[223],"benchmark":[225],"model,":[226],"shows":[235],"superior":[236],"predictive":[237],"risk.":[242]},"counts_by_year":[{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":1}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}