Non-linear dynamics of financial data and risk management in integral-differential model experiment (45)

Theme Track: Methods of Spatial Analysis - Spatial Network Modelling

Author:
Zaitsev, Vladimir

Within the framework of financial intermediaries theory the strategic approach to obtain stable dynamics of financial organisations activity is based on the principles of flexible inside-firm planning. Further improvements in this field lead to refusal from rigid administration of risk management in temporary allocation of costs and incomes flows. For the homogenous sample of Central-Russian financial organisations the statistical estimation of contribution significance of expenditure components and monetary factors in production of the banking product was made. It was found that majority of present statistical techniques involved into risk management, being as a matter of fact static, do not allow to formalise invariantly the production of financial services, predict financial catastrophes and thus to develop the base for implementing market oriented prudential principles. The model investigations of non-linear phenomena in the dynamics of financial data allowed to elaborate effective mechanism of financial risk management and to stabilise banks activity curves on short term intervals with recommendations for supervising authorities and banks management.

[Home]    [Sitemap]