Bet365 app download The financial risk prevention and governance ideas under the framework of only considering monetary policy are facing many challenges,Unexpectedly under the guidance of system concept,bet365 live casino games Enhance the coordination of monetary policy and fiscal policy。Under the unified fiscal and financial framework,Introduction of non -linear network correlation method measurement discovery,There is a variable from fiscal policy variables to monetary policy variables、Then go to the network association relationship of financial risk variables;,The scale of fiscal expenditure and government debt increased in positive impact,Local debt、The increase in urban bet365 Play online games investment bonds will also have a positive impact on the increase in currency supply;,The network association coefficient (015) from monetary policy variables to system association components is greater than the network association coefficient of the risk component at the tail (004),and at the same time, there is a network association relationship between the risk components of the tail to the monetary policy variable。These findings are adherence to systemic concepts,Coordinating Bet365 app download the role of monetary policy and fiscal policy in preventing major risks provides experience support。
Keywords:Unified Frame Finance Framework Financial risks Non -linear network association
AuthorYang Zihui,Professor of Lingnan College of Sun Yat -sen University; Chen Yutian,Postdoctoral School of Management School of Sun Yat -sen University。(Guangzhou 510275)
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