5147 
7931金融机构的关联网络和风险溢出效应影响系统性风险的产生和传播。基于金融机构风险溢出程度的测度，文章刻画了不同类型金融机构之间的关联关系，描述其关联结构特征，以金融机构作为节点绘制有向关联网络图，甄别了不同金融机构风险承受的脆弱性和风险传播的传染性。结果显示，银行类金融机构是中国金融关联网络中的核心，且稳定性较高；不同类型金融机构的脆弱性和传染性各不相同，处于相异程度的区间内，而且单一金融机构的脆弱性和传染性存在显著的差异。因此，需要根据系统性风险的脆弱点与传播点有针对性地实施监管措施。
金融机构关联网络、风险溢出与系统性风险
摘要
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引用本文
张艾莲, 张阳. 金融机构关联网络、风险溢出与系统性风险[J]. 上海财经大学学报, 2020, 22(5): 64-78.
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