In this paper,we study the dynamics of a Susceptible-Exposed-Infectious-Recovered(SEIR)nancial risk contagion model with time delay.Using stability theory and Hopf bifurcation theory,equilibria stability and Hopf bifu...In this paper,we study the dynamics of a Susceptible-Exposed-Infectious-Recovered(SEIR)nancial risk contagion model with time delay.Using stability theory and Hopf bifurcation theory,equilibria stability and Hopf bifurcation are analyzed in detail.Based on the epidemic model,we improve it by taking prior prevention and self-rescue into consideration,conclude pre-ventive intensity and self-rescue capabilities e ect the number of infections.At the same time,the analytical conditions for Hopf bifurcation are obtained,and the relevant results are veri ed by numerical simulations.展开更多
The debate surrounding the relationship between financial structure and systemic financial risk has been ongoing.This controversy arises from a lack of consideration for national resource endowments,which serve as the...The debate surrounding the relationship between financial structure and systemic financial risk has been ongoing.This controversy arises from a lack of consideration for national resource endowments,which serve as the foundation for the development of industrial structure.Insufficient research has been conducted on the interplay between financial structure,industrial structure,and systemic financial risk.In light of this,the primary objective of this study is to underscore the crucial role of industrial structure in elucidating the interaction between financial structure and systemic financial risk.The research findings highlight that financial structure indirectly influences systemic financial risk through its impact on industrial structure.There exists significant heterogeneity in the transmission effect of industrial structure,with a more pronounced effect observed in areas characterized by high levels of economic development and belonging to mature clusters.Furthermore,the transmission effect of industrial structure is influenced by efficient market and effective government.The improvement of the efficient market can promote the upgrading of the industrial structure while reducing the level of potential risk.Excessive government intervention will reduce the transmission effect of the industrial structure.展开更多
基金Supported by National Natural Science Foundation of China(12272062).
文摘In this paper,we study the dynamics of a Susceptible-Exposed-Infectious-Recovered(SEIR)nancial risk contagion model with time delay.Using stability theory and Hopf bifurcation theory,equilibria stability and Hopf bifurcation are analyzed in detail.Based on the epidemic model,we improve it by taking prior prevention and self-rescue into consideration,conclude pre-ventive intensity and self-rescue capabilities e ect the number of infections.At the same time,the analytical conditions for Hopf bifurcation are obtained,and the relevant results are veri ed by numerical simulations.
基金Supported by National Natural Science Foundation of China(62073007)。
文摘The debate surrounding the relationship between financial structure and systemic financial risk has been ongoing.This controversy arises from a lack of consideration for national resource endowments,which serve as the foundation for the development of industrial structure.Insufficient research has been conducted on the interplay between financial structure,industrial structure,and systemic financial risk.In light of this,the primary objective of this study is to underscore the crucial role of industrial structure in elucidating the interaction between financial structure and systemic financial risk.The research findings highlight that financial structure indirectly influences systemic financial risk through its impact on industrial structure.There exists significant heterogeneity in the transmission effect of industrial structure,with a more pronounced effect observed in areas characterized by high levels of economic development and belonging to mature clusters.Furthermore,the transmission effect of industrial structure is influenced by efficient market and effective government.The improvement of the efficient market can promote the upgrading of the industrial structure while reducing the level of potential risk.Excessive government intervention will reduce the transmission effect of the industrial structure.
