Abstract

Financial systemic risk has an impact on the real economy and may trigger a chain reaction in the whole economic system leading to the financial crisis. Many scholars focus on financial systemic risk, but few of them are bibliometric analyses. Therefore, this paper explores the status quo, emerging trends, and transition trajectory through the above analysis method in the research field from 1990 to 2020. Based on the above analysis, we find the following conclusions: (1) The basic conclusions of the most productive countries, institutions, journals, authors, status quo, and the change of hotspots in this research field are presented. (2) The emerging trends in this research field are ‘credit risk’, ‘capital shortfall’, ‘spill-over’, ‘spread’, ‘financial market’, ‘interconnectedness’, ‘transmission’ in the last three years. (3) The research field of financial systemic risk presents an S-shaped transition trajectory through the local forward, the local backward, the global standard, and the global key-route main path analysis. (4) We find that the most cited authors are not always at the core of the trajectory of financial systemic risk research. The emerging trend ‘credit risk’ is also recently a core research direction in this research field’s transition trajectory.

摘要

金融系统性风险对实体经济有影响，可能引发整个经济体系的连锁反应，导致金融危机。许多学者关注金融系统性风险，但很少有文献计量分析。因此，本文通过上述分析方法，探讨了1990-2020年研究领域的现状、新兴趋势和转型轨迹。基于以上分析，我们得出以下结论：（1）大多数人的基本结论介绍了该研究领域的生产国家、机构、期刊、作者、现状和热点变化。（2）该研究领域的新兴趋势是过去三年的“信用风险”、“资本短缺”、“溢出”、“传播”、“金融市场”、“互联性”、“传导性”。(3)金融系统性风险研究领域通过局部正向、局部反向、全局标准、全局关键路径主路径分析，呈现出S型过渡轨迹。(4) 我们发现，被引用次数最多的作者并不总是处于金融系统性风险研究轨迹的核心。新兴趋势“信用风险”也是该研究领域转型轨迹近期的核心研究方向。