The risk management research on the real estate market of wuhan city of China based on the E-VaR model

被引：0
作者：
Huang, Hui [1 ]
Yu, Shihai [1 ]
机构：
[1] Economics School, Wuhan University of Technology, Wuhan, Hubei
来源：
International Journal of Digital Content Technology and its Applications | 2012年 / 6卷 / 15期
关键词：
E-VaR; EVT; Real estate market; VaR;
D O I：
10.4156/jdcta.vol6.issue15.57
中图分类号：
学科分类号：
摘要：
In recent years, the urbanization and housing system reform in China accelerate the rapid development of real estate market, and then a nationalwide real estate market appears the overheated, bubbling and serious situation. In this paper taking the real estate market of Wuhan as an example, EVaR risk measurement model is used based on EVT and VaR theory to measure the risk of the real estate market, and by the failure rate for testing the correctness of the model. At the same time utilizing the monthly data from January 2001 to December 2010 the empirical analysis is carried, and the results show that the model has strong applicability, for the risk management provides a new research method.
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页码：502 / 509
页数：7
相关论文
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