Author(s)

Pang Lei, Qiying Wang

Corresponding Author

Qiying Wang

ABSTRACT

This paper uses statistical thoughts and methods to study the risk connotation of financial system, from the perspective of ecology, using the case study and Delphi method to construct a financial system risk early warning indicator system; The AHP analytic method is used to calculate the index weights; Combined with cluster analysis method to determine the critical value of early warning, and finally construct a financial system risk warning model. Using the 2017 statistical yearbook data for empirical research, the early warning analysis of China's financial system risks in 2017, and then propose relevant countermeasures for the problems in China's financial system risks.

KEYWORDS

financial system, crisis early warning model, cluster analysis