International financial Network and its structural characteristics
Abstract
In this paper, the author makes an empirical study on the topological structure and related properties of investment networks in international financial markets by using complex network theory . Research Discovery , International Financial Network not only shows a more obvious group structure characteristics and network homogeneity nature , and belong to a typical scale-free network . Although the international financial integration process is advancing gradually , However, the imbalance of financial resource flows caused by financial agglomeration is still more obvious , A handful of international financial Centre Palms The holds most financial resources . where ,China Hong Kong as the most important regional financial centre for Asian financial Markets is an important investment fund in mainland China source , The future relies on China's financial development reform , is expected to become a first-class international financial center .
References
Bashusong , left -wai , Zhu Yuan . Financial networks and contagion to financial stability effect [J]. Financial Issues study, 2013 (2): 3-11.
Bashusong , left -wai , Zhu Yuan . Interbank Payment Network and its junction construct features [J]. System Engineering , 2014 (1).
Bhattacharya, K., Mukherjee, G., Saramaki, J., Kaski, K. and Manna, S.S. International trade Ed network analysis and Modeling[m]. J. Stat. Mech Theory Exp. , 2008 , 02002.
Boss, M. , Elsinger , H., Summer, M., Thurner , S. Network topology of the interbank Market [J]. Quantitative Finance, 2004,4 (6:677-684.
Soramaki, K., Bech, M. L., Arnold, J., Glass, R. J., Beyeler, w.e.the topology, interbank Payment flows [J]. P Hysica A, 2007, 379 (1:317-333.
Schiavo, S., Reyes J., Fagiolo G., International trade and financial integration:a weighted analysis. Q Uanti-tative Finance (4.
xiaoling . East Asian Financial cooperation : Genesis , progress and development direction [J]. International Financial Research , 2007 ( 8.
Liu , Ye Yao-ming . Financial agglomeration and regional economic growth : Research Overview [J]. Ex-ploring economic issues , 2007 (one.
He Dexu , Yao , L-liter country . Capital Mobility : based on China and its His comparative analysis of emerging Asian countries [J]. Economic Research , 2006 (9.
Pan Yingli . The rise of China's International financial center : targeting with division of labor [J]. World Economy , 2003 (9 ).
Wu Nianru , Yang Haiping . comments on building China's International financial center vs. thinking [J]. Financial Research , 2008 (8).
Barabasi , a.l., Albert, R. Emergence of scaling in Random networks[j]. Science, 1999,286:508-512.
Copyright (c) 2018 Yuan Zhu
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Authors contributing to this journal agree to publish their articles under the Creative Commons Attribution-Noncommercial 4.0 International License, allowing third parties to share their work (copy, distribute, transmit) and to adapt it, under the condition that the authors are given credit, that the work is not used for commercial purposes, and that in the event of reuse or distribution, the terms of this license are made clear. With this license, the authors hold the copyright without restrictions and are allowed to retain publishing rights without restrictions as long as this journal is the original publisher of the articles.