Systematic Risk Study Of Shenyang Real Estate Market Based On Mathematical Model

With the rapid development of China's national economy,the real estate industry has gradually become a more important part of the national economy and plays a major role in the allocation of resources in the national economy.The rise and fall of a regional real estate industry,the speed of its development can directly reflect the economic strength and comprehensive strength of the region.Conversely,if the comprehensive strength and economic development of a region are in a relatively backward state,the development of the real estate market in this area will not be very developed.It can be seen that the development of the real estate market and the development of regional economy complement each other.Based on the background above,this dissertation will consider the relationship between the volatility of the real estate market and the systemic risk as the main objects of study;Take Shenyang as an example and will use the copulas as an effective analysis tool to analyze the systematic risk of the real estate market in Shenyang.In view of the different characteristics between different forms of Copula functions,this dissertation will use the t-copula function in the copula function and combine with systemic risk indicators,try to find a new model to assess the systemic risk of the real estate market.In the analysis of systemic risk,adopting qualitative and quantitative analysis method,take Shenyang as an example to analyze the factors that cause the real estate market systemic risk.From the analysis results of the systematic risk of the real estate market in Shenyang is evaluated by modeling,the systemic risk in the real estate market in Shenyang has appeared.The supply and demand of real estate,the shortage of land resources and regional differences are the direct causes of the systemic risk of real estate market.Secondly,macroeconomic fluctuations,financial institutions' capital restrictions,and government supervision of the market are the direct causes of systemic risk in the real estate market.In the end,according to the current situation of China's real estate market and existing problems,refer to the management methods of the real estate market in various countries,from the government,the financial institution,the macro economy aspects,This dissertation puts forward some Suggestions to prevent the systemic risk of real estate market,it provides a new direction for the study of systemic risk in China's real estate market.