Template-Type: ReDIF-Article 1.0 
Author-Name: Cheng Lan
Author-Name:  Ziyi Huang
Author-Name: Wenli Huang
Author-Email:  poppy.huang3282@foxmail.com
Author-Workplace-Name:  China Academy of Financial Research, Zhejiang University of Finance and Economics, China
Title: Systemic Risk in China's Financial Industry Due to the COVID-19 Pandemic
Abstract:  In this paper, the dynamic CoVaR method is used to measure changes in systemic risk in the financial industry during the COVID-19 pandemic. We find that, first, after the outbreak of the COVID-19 pandemic, the systemic risk of the financial industry increased significantly. Second, the impact of the COVID-19 pandemic on the systemic risk of the securities industry was greater than that of the banking and insurance industries.
Classification-JEL:  G32,I1
Keywords:  systemic financial risk, dynamic covar, covid-19
Journal:  Asian Economics Letters
Pages: 1-5
Volume: 1
Issue: 3
Year:  2021
DOI:  2021/08/10
File-URL:  https://a-e-l.scholasticahq.com/api/v1/articles/18070-systemic-risk-in-china-s-financial-industry-due-to-the-covid-19-pandemic.pdf
File-Format:  Application/pdf
Handle:  RePEc:ayb:jrnael:20