id	sid	tid	token	lemma	pos
fbem-26932	1	1	frontiers	frontier	NOUN
fbem-26932	1	2	in	in	ADP
fbem-26932	1	3	business	business	NOUN
fbem-26932	1	4	,	,	PUNCT
fbem-26932	1	5	economics	economic	NOUN
fbem-26932	1	6	and	and	CCONJ
fbem-26932	1	7	management	management	NOUN
fbem-26932	1	8	issn	issn	PROPN
fbem-26932	1	9	:	:	PUNCT
fbem-26932	1	10	2766	2766	NUM
fbem-26932	1	11	-	-	PUNCT
fbem-26932	1	12	824x	824x	NUM
fbem-26932	1	13	|	|	ADJ
fbem-26932	1	14	vol	vol	NOUN
fbem-26932	1	15	.	.	PROPN
fbem-26932	1	16	17	17	NUM
fbem-26932	1	17	,	,	PUNCT
fbem-26932	1	18	no	no	INTJ
fbem-26932	1	19	.	.	NOUN
fbem-26932	1	20	1	1	NUM
fbem-26932	1	21	,	,	PUNCT
fbem-26932	1	22	2024	2024	NUM
fbem-26932	1	23	292	292	NUM
fbem-26932	1	24	research	research	NOUN
fbem-26932	1	25	on	on	ADP
fbem-26932	1	26	financial	financial	ADJ
fbem-26932	1	27	systemic	systemic	ADJ
fbem-26932	1	28	risk	risk	NOUN
fbem-26932	1	29	early	early	ADJ
fbem-26932	1	30	warning	warning	NOUN
fbem-26932	1	31	based	base	VERB
fbem-26932	1	32	on	on	ADP
fbem-26932	1	33	markov	markov	NOUN
fbem-26932	1	34	regime	regime	NOUN
fbem-26932	1	35	switching	switch	VERB
fbem-26932	1	36	model	model	NOUN
fbem-26932	1	37	jiaer	jiaer	PROPN
fbem-26932	1	38	yang	yang	PROPN
fbem-26932	1	39	shanghai	shanghai	PROPN
fbem-26932	1	40	jiao	jiao	PROPN
fbem-26932	1	41	tong	tong	PROPN
fbem-26932	1	42	university	university	PROPN
fbem-26932	1	43	,	,	PUNCT
fbem-26932	1	44	shanghai	shanghai	PROPN
fbem-26932	1	45	,	,	PUNCT
fbem-26932	1	46	china	china	PROPN
fbem-26932	1	47	abstract	abstract	PROPN
fbem-26932	1	48	:	:	PUNCT
fbem-26932	1	49	this	this	DET
fbem-26932	1	50	paper	paper	NOUN
fbem-26932	1	51	discusses	discuss	VERB
fbem-26932	1	52	the	the	DET
fbem-26932	1	53	early	early	ADJ
fbem-26932	1	54	warning	warning	NOUN
fbem-26932	1	55	mechanism	mechanism	NOUN
fbem-26932	1	56	of	of	ADP
fbem-26932	1	57	financial	financial	ADJ
fbem-26932	1	58	systemic	systemic	ADJ
fbem-26932	1	59	risk	risk	NOUN
fbem-26932	1	60	based	base	VERB
fbem-26932	1	61	on	on	ADP
fbem-26932	1	62	markov	markov	NOUN
fbem-26932	1	63	regime	regime	NOUN
fbem-26932	1	64	switching	switch	VERB
fbem-26932	1	65	model	model	NOUN
fbem-26932	1	66	(	(	PUNCT
fbem-26932	1	67	mrsm	mrsm	NOUN
fbem-26932	1	68	)	)	PUNCT
fbem-26932	1	69	.	.	PUNCT
fbem-26932	2	1	in	in	ADP
fbem-26932	2	2	view	view	NOUN
fbem-26932	2	3	of	of	ADP
fbem-26932	2	4	the	the	DET
fbem-26932	2	5	infectivity	infectivity	NOUN
fbem-26932	2	6	,	,	PUNCT
fbem-26932	2	7	widespread	widespread	ADJ
fbem-26932	2	8	influence	influence	NOUN
fbem-26932	2	9	and	and	CCONJ
fbem-26932	2	10	serious	serious	ADJ
fbem-26932	2	11	consequences	consequence	NOUN
fbem-26932	2	12	of	of	ADP
fbem-26932	2	13	systemic	systemic	ADJ
fbem-26932	2	14	risk	risk	NOUN
fbem-26932	2	15	,	,	PUNCT
fbem-26932	2	16	traditional	traditional	ADJ
fbem-26932	2	17	methods	method	NOUN
fbem-26932	2	18	are	be	AUX
fbem-26932	2	19	often	often	ADV
fbem-26932	2	20	insufficient	insufficient	ADJ
fbem-26932	2	21	.	.	PUNCT
fbem-26932	3	1	in	in	ADP
fbem-26932	3	2	this	this	DET
fbem-26932	3	3	paper	paper	NOUN
fbem-26932	3	4	,	,	PUNCT
fbem-26932	3	5	mrsm	mrsm	NOUN
fbem-26932	3	6	is	be	AUX
fbem-26932	3	7	used	use	VERB
fbem-26932	3	8	to	to	PART
fbem-26932	3	9	improve	improve	VERB
fbem-26932	3	10	the	the	DET
fbem-26932	3	11	accuracy	accuracy	NOUN
fbem-26932	3	12	and	and	CCONJ
fbem-26932	3	13	timeliness	timeliness	NOUN
fbem-26932	3	14	of	of	ADP
fbem-26932	3	15	early	early	ADJ
fbem-26932	3	16	warning	warning	NOUN
fbem-26932	3	17	,	,	PUNCT
fbem-26932	3	18	and	and	CCONJ
fbem-26932	3	19	an	an	DET
fbem-26932	3	20	index	index	NOUN
fbem-26932	3	21	system	system	NOUN
fbem-26932	3	22	including	include	VERB
fbem-26932	3	23	macro	macro	NOUN
fbem-26932	3	24	-	-	NOUN
fbem-26932	3	25	economy	economy	NOUN
fbem-26932	3	26	,	,	PUNCT
fbem-26932	3	27	policy	policy	NOUN
fbem-26932	3	28	changes	change	NOUN
fbem-26932	3	29	,	,	PUNCT
fbem-26932	3	30	financial	financial	ADJ
fbem-26932	3	31	fragility	fragility	NOUN
fbem-26932	3	32	and	and	CCONJ
fbem-26932	3	33	infectious	infectious	ADJ
fbem-26932	3	34	risks	risk	NOUN
fbem-26932	3	35	is	be	AUX
fbem-26932	3	36	constructed	construct	VERB
fbem-26932	3	37	.	.	PUNCT
fbem-26932	4	1	principal	principal	ADJ
fbem-26932	4	2	component	component	NOUN
fbem-26932	4	3	analysis	analysis	NOUN
fbem-26932	4	4	(	(	PUNCT
fbem-26932	4	5	pca	pca	NOUN
fbem-26932	4	6	)	)	PUNCT
fbem-26932	4	7	is	be	AUX
fbem-26932	4	8	used	use	VERB
fbem-26932	4	9	to	to	PART
fbem-26932	4	10	integrate	integrate	VERB
fbem-26932	4	11	risk	risk	NOUN
fbem-26932	4	12	indexes	index	NOUN
fbem-26932	4	13	of	of	ADP
fbem-26932	4	14	all	all	DET
fbem-26932	4	15	dimensions	dimension	NOUN
fbem-26932	4	16	to	to	PART
fbem-26932	4	17	form	form	VERB
fbem-26932	4	18	financial	financial	ADJ
fbem-26932	4	19	stress	stress	NOUN
fbem-26932	4	20	index	index	NOUN
fbem-26932	4	21	(	(	PUNCT
fbem-26932	4	22	fsi	fsi	PROPN
fbem-26932	4	23	)	)	PUNCT
fbem-26932	4	24	.	.	PUNCT
fbem-26932	5	1	using	use	VERB
fbem-26932	5	2	a	a	DET
fbem-26932	5	3	variety	variety	NOUN
fbem-26932	5	4	of	of	ADP
fbem-26932	5	5	economic	economic	ADJ
fbem-26932	5	6	and	and	CCONJ
fbem-26932	5	7	financial	financial	ADJ
fbem-26932	5	8	data	datum	NOUN
fbem-26932	5	9	,	,	PUNCT
fbem-26932	5	10	identify	identify	VERB
fbem-26932	5	11	and	and	CCONJ
fbem-26932	5	12	predict	predict	VERB
fbem-26932	5	13	the	the	DET
fbem-26932	5	14	systemic	systemic	ADJ
fbem-26932	5	15	risk	risk	NOUN
fbem-26932	5	16	state	state	NOUN
fbem-26932	5	17	through	through	ADP
fbem-26932	5	18	mrsm	mrsm	NOUN
fbem-26932	5	19	.	.	PUNCT
fbem-26932	6	1	the	the	DET
fbem-26932	6	2	results	result	NOUN
fbem-26932	6	3	show	show	VERB
fbem-26932	6	4	that	that	SCONJ
fbem-26932	6	5	the	the	DET
fbem-26932	6	6	model	model	NOUN
fbem-26932	6	7	can	can	AUX
fbem-26932	6	8	effectively	effectively	ADV
fbem-26932	6	9	warn	warn	VERB
fbem-26932	6	10	the	the	DET
fbem-26932	6	11	high	high	ADJ
fbem-26932	6	12	-	-	PUNCT
fbem-26932	6	13	risk	risk	NOUN
fbem-26932	6	14	period	period	NOUN
fbem-26932	6	15	in	in	ADP
fbem-26932	6	16	advance	advance	NOUN
fbem-26932	6	17	,	,	PUNCT
fbem-26932	6	18	and	and	CCONJ
fbem-26932	6	19	its	its	PRON
fbem-26932	6	20	accuracy	accuracy	NOUN
fbem-26932	6	21	and	and	CCONJ
fbem-26932	6	22	timeliness	timeliness	NOUN
fbem-26932	6	23	are	be	AUX
fbem-26932	6	24	verified	verify	VERB
fbem-26932	6	25	in	in	ADP
fbem-26932	6	26	practice	practice	NOUN
fbem-26932	6	27	,	,	PUNCT
fbem-26932	6	28	which	which	PRON
fbem-26932	6	29	provides	provide	VERB
fbem-26932	6	30	an	an	DET
fbem-26932	6	31	effective	effective	ADJ
fbem-26932	6	32	risk	risk	NOUN
fbem-26932	6	33	management	management	NOUN
fbem-26932	6	34	tool	tool	NOUN
fbem-26932	6	35	for	for	ADP
fbem-26932	6	36	regulators	regulator	NOUN
fbem-26932	6	37	.	.	PUNCT
fbem-26932	7	1	keywords	keyword	NOUN
fbem-26932	7	2	:	:	PUNCT
fbem-26932	7	3	markov	markov	NOUN
fbem-26932	7	4	regime	regime	NOUN
fbem-26932	7	5	switching	switch	VERB
fbem-26932	7	6	model	model	NOUN
fbem-26932	7	7	,	,	PUNCT
fbem-26932	7	8	financial	financial	ADJ
fbem-26932	7	9	systemic	systemic	ADJ
fbem-26932	7	10	risk	risk	NOUN
fbem-26932	7	11	,	,	PUNCT
fbem-26932	7	12	early	early	ADJ
fbem-26932	7	13	warning	warning	NOUN
fbem-26932	7	14	.	.	PUNCT
fbem-26932	8	1	1	1	X
fbem-26932	8	2	.	.	X
fbem-26932	8	3	introduction	introduction	NOUN
fbem-26932	8	4	financial	financial	ADJ
fbem-26932	8	5	systemic	systemic	ADJ
fbem-26932	8	6	risk	risk	NOUN
fbem-26932	8	7	refers	refer	VERB
fbem-26932	8	8	to	to	ADP
fbem-26932	8	9	the	the	DET
fbem-26932	8	10	extensive	extensive	ADJ
fbem-26932	8	11	,	,	PUNCT
fbem-26932	8	12	profound	profound	ADJ
fbem-26932	8	13	and	and	CCONJ
fbem-26932	8	14	unpredictable	unpredictable	ADJ
fbem-26932	8	15	losses	loss	NOUN
fbem-26932	8	16	that	that	PRON
fbem-26932	8	17	the	the	DET
fbem-26932	8	18	whole	whole	ADJ
fbem-26932	8	19	financial	financial	ADJ
fbem-26932	8	20	system	system	NOUN
fbem-26932	8	21	may	may	AUX
fbem-26932	8	22	suffer	suffer	VERB
fbem-26932	8	23	because	because	SCONJ
fbem-26932	8	24	of	of	ADP
fbem-26932	8	25	internal	internal	ADJ
fbem-26932	8	26	and	and	CCONJ
fbem-26932	8	27	external	external	ADJ
fbem-26932	8	28	factors	factor	NOUN
fbem-26932	8	29	,	,	PUNCT
fbem-26932	8	30	which	which	PRON
fbem-26932	8	31	is	be	AUX
fbem-26932	8	32	characterized	characterize	VERB
fbem-26932	8	33	by	by	ADP
fbem-26932	8	34	strong	strong	ADJ
fbem-26932	8	35	infectivity	infectivity	NOUN
fbem-26932	8	36	,	,	PUNCT
fbem-26932	8	37	wide	wide	ADJ
fbem-26932	8	38	influence	influence	NOUN
fbem-26932	8	39	and	and	CCONJ
fbem-26932	8	40	serious	serious	ADJ
fbem-26932	8	41	consequences	consequence	NOUN
fbem-26932	8	42	.	.	PUNCT
fbem-26932	9	1	in	in	ADP
fbem-26932	9	2	recent	recent	ADJ
fbem-26932	9	3	years	year	NOUN
fbem-26932	9	4	,	,	PUNCT
fbem-26932	9	5	repeated	repeat	VERB
fbem-26932	9	6	financial	financial	ADJ
fbem-26932	9	7	crises	crisis	NOUN
fbem-26932	9	8	show	show	VERB
fbem-26932	9	9	that	that	SCONJ
fbem-26932	9	10	traditional	traditional	ADJ
fbem-26932	9	11	risk	risk	NOUN
fbem-26932	9	12	management	management	NOUN
fbem-26932	9	13	methods	method	NOUN
fbem-26932	9	14	are	be	AUX
fbem-26932	9	15	often	often	ADV
fbem-26932	9	16	stretched	stretch	VERB
fbem-26932	9	17	in	in	ADP
fbem-26932	9	18	the	the	DET
fbem-26932	9	19	face	face	NOUN
fbem-26932	9	20	of	of	ADP
fbem-26932	9	21	systemic	systemic	ADJ
fbem-26932	9	22	risks	risk	NOUN
fbem-26932	9	23	.	.	PUNCT
fbem-26932	10	1	therefore	therefore	ADV
fbem-26932	10	2	,	,	PUNCT
fbem-26932	10	3	it	it	PRON
fbem-26932	10	4	is	be	AUX
fbem-26932	10	5	particularly	particularly	ADV
fbem-26932	10	6	urgent	urgent	ADJ
fbem-26932	10	7	to	to	PART
fbem-26932	10	8	explore	explore	VERB
fbem-26932	10	9	a	a	DET
fbem-26932	10	10	more	more	ADV
fbem-26932	10	11	effective	effective	ADJ
fbem-26932	10	12	early	early	ADJ
fbem-26932	10	13	warning	warning	NOUN
fbem-26932	10	14	mechanism	mechanism	NOUN
fbem-26932	10	15	for	for	ADP
fbem-26932	10	16	financial	financial	ADJ
fbem-26932	10	17	systemic	systemic	ADJ
fbem-26932	10	18	risks	risk	NOUN
fbem-26932	10	19	.	.	PUNCT
fbem-26932	11	1	as	as	ADP
fbem-26932	11	2	a	a	DET
fbem-26932	11	3	dynamic	dynamic	ADJ
fbem-26932	11	4	economic	economic	ADJ
fbem-26932	11	5	analysis	analysis	NOUN
fbem-26932	11	6	tool	tool	NOUN
fbem-26932	11	7	,	,	PUNCT
fbem-26932	11	8	markov	markov	NOUN
fbem-26932	11	9	regime	regime	NOUN
fbem-26932	11	10	switching	switch	VERB
fbem-26932	11	11	model	model	NOUN
fbem-26932	11	12	(	(	PUNCT
fbem-26932	11	13	mrsm	mrsm	NOUN
fbem-26932	11	14	)	)	PUNCT
fbem-26932	11	15	can	can	AUX
fbem-26932	11	16	capture	capture	VERB
fbem-26932	11	17	the	the	DET
fbem-26932	11	18	structural	structural	ADJ
fbem-26932	11	19	changes	change	NOUN
fbem-26932	11	20	in	in	ADP
fbem-26932	11	21	time	time	NOUN
fbem-26932	11	22	series	series	PROPN
fbem-26932	11	23	data	datum	NOUN
fbem-26932	11	24	and	and	CCONJ
fbem-26932	11	25	predict	predict	VERB
fbem-26932	11	26	the	the	DET
fbem-26932	11	27	future	future	ADJ
fbem-26932	11	28	state	state	NOUN
fbem-26932	11	29	accordingly	accordingly	ADV
fbem-26932	11	30	[	[	X
fbem-26932	11	31	12	12	NUM
fbem-26932	11	32	]	]	PUNCT
fbem-26932	11	33	.	.	PUNCT
fbem-26932	12	1	the	the	DET
fbem-26932	12	2	application	application	NOUN
fbem-26932	12	3	of	of	ADP
fbem-26932	12	4	this	this	DET
fbem-26932	12	5	model	model	NOUN
fbem-26932	12	6	in	in	ADP
fbem-26932	12	7	the	the	DET
fbem-26932	12	8	financial	financial	ADJ
fbem-26932	12	9	field	field	NOUN
fbem-26932	12	10	has	have	AUX
fbem-26932	12	11	shown	show	VERB
fbem-26932	12	12	its	its	PRON
fbem-26932	12	13	potential	potential	NOUN
fbem-26932	12	14	in	in	ADP
fbem-26932	12	15	depicting	depict	VERB
fbem-26932	12	16	complex	complex	ADJ
fbem-26932	12	17	economic	economic	ADJ
fbem-26932	12	18	phenomena	phenomenon	NOUN
fbem-26932	12	19	and	and	CCONJ
fbem-26932	12	20	identifying	identify	VERB
fbem-26932	12	21	risk	risk	NOUN
fbem-26932	12	22	states	state	NOUN
fbem-26932	12	23	.	.	PUNCT
fbem-26932	13	1	by	by	ADP
fbem-26932	13	2	applying	apply	VERB
fbem-26932	13	3	it	it	PRON
fbem-26932	13	4	to	to	ADP
fbem-26932	13	5	the	the	DET
fbem-26932	13	6	early	early	ADJ
fbem-26932	13	7	warning	warning	NOUN
fbem-26932	13	8	of	of	ADP
fbem-26932	13	9	financial	financial	ADJ
fbem-26932	13	10	systemic	systemic	ADJ
fbem-26932	13	11	risk	risk	NOUN
fbem-26932	13	12	,	,	PUNCT
fbem-26932	13	13	it	it	PRON
fbem-26932	13	14	can	can	AUX
fbem-26932	13	15	realize	realize	VERB
fbem-26932	13	16	the	the	DET
fbem-26932	13	17	early	early	ADJ
fbem-26932	13	18	identification	identification	NOUN
fbem-26932	13	19	and	and	CCONJ
fbem-26932	13	20	early	early	ADJ
fbem-26932	13	21	warning	warning	NOUN
fbem-26932	13	22	of	of	ADP
fbem-26932	13	23	financial	financial	ADJ
fbem-26932	13	24	risks	risk	NOUN
fbem-26932	13	25	,	,	PUNCT
fbem-26932	13	26	thus	thus	ADV
fbem-26932	13	27	providing	provide	VERB
fbem-26932	13	28	more	more	ADV
fbem-26932	13	29	accurate	accurate	ADJ
fbem-26932	13	30	and	and	CCONJ
fbem-26932	13	31	timely	timely	ADJ
fbem-26932	13	32	risk	risk	NOUN
fbem-26932	13	33	management	management	NOUN
fbem-26932	13	34	decision	decision	NOUN
fbem-26932	13	35	support	support	NOUN
fbem-26932	13	36	for	for	ADP
fbem-26932	13	37	financial	financial	ADJ
fbem-26932	13	38	institutions	institution	NOUN
fbem-26932	13	39	and	and	CCONJ
fbem-26932	13	40	regulatory	regulatory	ADJ
fbem-26932	13	41	authorities	authority	NOUN
fbem-26932	13	42	.	.	PUNCT
fbem-26932	14	1	the	the	DET
fbem-26932	14	2	core	core	NOUN
fbem-26932	14	3	problem	problem	NOUN
fbem-26932	14	4	of	of	ADP
fbem-26932	14	5	this	this	DET
fbem-26932	14	6	study	study	NOUN
fbem-26932	14	7	is	be	AUX
fbem-26932	14	8	how	how	SCONJ
fbem-26932	14	9	to	to	PART
fbem-26932	14	10	effectively	effectively	ADV
fbem-26932	14	11	combine	combine	VERB
fbem-26932	14	12	markov	markov	NOUN
fbem-26932	14	13	model	model	NOUN
fbem-26932	14	14	with	with	ADP
fbem-26932	14	15	multi	multi	ADJ
fbem-26932	14	16	-	-	ADJ
fbem-26932	14	17	dimensional	dimensional	ADJ
fbem-26932	14	18	financial	financial	ADJ
fbem-26932	14	19	data	datum	NOUN
fbem-26932	14	20	to	to	PART
fbem-26932	14	21	improve	improve	VERB
fbem-26932	14	22	the	the	DET
fbem-26932	14	23	accuracy	accuracy	NOUN
fbem-26932	14	24	and	and	CCONJ
fbem-26932	14	25	timeliness	timeliness	NOUN
fbem-26932	14	26	of	of	ADP
fbem-26932	14	27	risk	risk	NOUN
fbem-26932	14	28	early	early	ADJ
fbem-26932	14	29	warning	warning	NOUN
fbem-26932	14	30	.	.	PUNCT
fbem-26932	15	1	therefore	therefore	ADV
fbem-26932	15	2	,	,	PUNCT
fbem-26932	15	3	this	this	DET
fbem-26932	15	4	study	study	NOUN
fbem-26932	15	5	deeply	deeply	ADV
fbem-26932	15	6	analyzes	analyze	VERB
fbem-26932	15	7	the	the	DET
fbem-26932	15	8	theoretical	theoretical	ADJ
fbem-26932	15	9	basis	basis	NOUN
fbem-26932	15	10	of	of	ADP
fbem-26932	15	11	mrsm	mrsm	NOUN
fbem-26932	15	12	,	,	PUNCT
fbem-26932	15	13	and	and	CCONJ
fbem-26932	15	14	combines	combine	VERB
fbem-26932	15	15	with	with	ADP
fbem-26932	15	16	the	the	DET
fbem-26932	15	17	actual	actual	ADJ
fbem-26932	15	18	financial	financial	ADJ
fbem-26932	15	19	data	datum	NOUN
fbem-26932	15	20	to	to	PART
fbem-26932	15	21	explore	explore	VERB
fbem-26932	15	22	the	the	DET
fbem-26932	15	23	best	good	ADJ
fbem-26932	15	24	application	application	NOUN
fbem-26932	15	25	of	of	ADP
fbem-26932	15	26	the	the	DET
fbem-26932	15	27	model	model	NOUN
fbem-26932	15	28	in	in	ADP
fbem-26932	15	29	financial	financial	ADJ
fbem-26932	15	30	risk	risk	NOUN
fbem-26932	15	31	early	early	ADJ
fbem-26932	15	32	warning	warning	NOUN
fbem-26932	15	33	.	.	PUNCT
fbem-26932	16	1	2	2	X
fbem-26932	16	2	.	.	X
fbem-26932	16	3	literature	literature	NOUN
fbem-26932	16	4	review	review	NOUN
fbem-26932	16	5	in	in	ADP
fbem-26932	16	6	recent	recent	ADJ
fbem-26932	16	7	years	year	NOUN
fbem-26932	16	8	,	,	PUNCT
fbem-26932	16	9	scholars	scholar	NOUN
fbem-26932	16	10	at	at	ADP
fbem-26932	16	11	home	home	ADV
fbem-26932	16	12	and	and	CCONJ
fbem-26932	16	13	abroad	abroad	ADV
fbem-26932	16	14	have	have	AUX
fbem-26932	16	15	conducted	conduct	VERB
fbem-26932	16	16	extensive	extensive	ADJ
fbem-26932	16	17	and	and	CCONJ
fbem-26932	16	18	in	in	ADP
fbem-26932	16	19	-	-	PUNCT
fbem-26932	16	20	depth	depth	NOUN
fbem-26932	16	21	research	research	NOUN
fbem-26932	16	22	on	on	ADP
fbem-26932	16	23	financial	financial	ADJ
fbem-26932	16	24	risk	risk	NOUN
fbem-26932	16	25	early	early	ADJ
fbem-26932	16	26	warning	warning	NOUN
fbem-26932	16	27	model	model	NOUN
fbem-26932	16	28	.	.	PUNCT
fbem-26932	17	1	traditional	traditional	ADJ
fbem-26932	17	2	risk	risk	NOUN
fbem-26932	17	3	early	early	ADJ
fbem-26932	17	4	warning	warning	NOUN
fbem-26932	17	5	models	model	NOUN
fbem-26932	17	6	,	,	PUNCT
fbem-26932	17	7	such	such	ADJ
fbem-26932	17	8	as	as	ADP
fbem-26932	17	9	signal	signal	ADJ
fbem-26932	17	10	extraction	extraction	NOUN
fbem-26932	17	11	method	method	NOUN
fbem-26932	17	12	and	and	CCONJ
fbem-26932	17	13	logistic	logistic	ADJ
fbem-26932	17	14	regression	regression	NOUN
fbem-26932	17	15	model	model	NOUN
fbem-26932	17	16	,	,	PUNCT
fbem-26932	17	17	mainly	mainly	ADV
fbem-26932	17	18	identify	identify	VERB
fbem-26932	17	19	the	the	DET
fbem-26932	17	20	risk	risk	NOUN
fbem-26932	17	21	state	state	NOUN
fbem-26932	17	22	by	by	ADP
fbem-26932	17	23	constructing	construct	VERB
fbem-26932	17	24	a	a	DET
fbem-26932	17	25	series	series	NOUN
fbem-26932	17	26	of	of	ADP
fbem-26932	17	27	economic	economic	ADJ
fbem-26932	17	28	and	and	CCONJ
fbem-26932	17	29	financial	financial	ADJ
fbem-26932	17	30	indicators	indicator	NOUN
fbem-26932	17	31	and	and	CCONJ
fbem-26932	17	32	setting	set	VERB
fbem-26932	17	33	corresponding	corresponding	ADJ
fbem-26932	17	34	thresholds	threshold	NOUN
fbem-26932	17	35	.	.	PUNCT
fbem-26932	18	1	these	these	DET
fbem-26932	18	2	models	model	NOUN
fbem-26932	18	3	are	be	AUX
fbem-26932	18	4	effective	effective	ADJ
fbem-26932	18	5	in	in	ADP
fbem-26932	18	6	a	a	DET
fbem-26932	18	7	simple	simple	ADJ
fbem-26932	18	8	financial	financial	ADJ
fbem-26932	18	9	environment	environment	NOUN
fbem-26932	18	10	,	,	PUNCT
fbem-26932	18	11	but	but	CCONJ
fbem-26932	18	12	their	their	PRON
fbem-26932	18	13	early	early	ADJ
fbem-26932	18	14	warning	warning	NOUN
fbem-26932	18	15	effect	effect	NOUN
fbem-26932	18	16	is	be	AUX
fbem-26932	18	17	often	often	ADV
fbem-26932	18	18	greatly	greatly	ADV
fbem-26932	18	19	reduced	reduce	VERB
fbem-26932	18	20	in	in	ADP
fbem-26932	18	21	the	the	DET
fbem-26932	18	22	face	face	NOUN
fbem-26932	18	23	of	of	ADP
fbem-26932	18	24	complex	complex	ADJ
fbem-26932	18	25	and	and	CCONJ
fbem-26932	18	26	changeable	changeable	ADJ
fbem-26932	18	27	financial	financial	ADJ
fbem-26932	18	28	markets	market	NOUN
fbem-26932	18	29	.	.	PUNCT
fbem-26932	19	1	with	with	ADP
fbem-26932	19	2	the	the	DET
fbem-26932	19	3	rise	rise	NOUN
fbem-26932	19	4	of	of	ADP
fbem-26932	19	5	big	big	ADJ
fbem-26932	19	6	data	datum	NOUN
fbem-26932	19	7	and	and	CCONJ
fbem-26932	19	8	machine	machine	NOUN
fbem-26932	19	9	learning	learn	VERB
fbem-26932	19	10	technology	technology	NOUN
fbem-26932	19	11	,	,	PUNCT
fbem-26932	19	12	the	the	DET
fbem-26932	19	13	financial	financial	ADJ
fbem-26932	19	14	risk	risk	NOUN
fbem-26932	19	15	early	early	ADJ
fbem-26932	19	16	warning	warning	NOUN
fbem-26932	19	17	model	model	NOUN
fbem-26932	19	18	based	base	VERB
fbem-26932	19	19	on	on	ADP
fbem-26932	19	20	these	these	DET
fbem-26932	19	21	technologies	technology	NOUN
fbem-26932	19	22	has	have	AUX
fbem-26932	19	23	gradually	gradually	ADV
fbem-26932	19	24	become	become	VERB
fbem-26932	19	25	a	a	DET
fbem-26932	19	26	research	research	NOUN
fbem-26932	19	27	hotspot	hotspot	NOUN
fbem-26932	19	28	.	.	PUNCT
fbem-26932	20	1	for	for	ADP
fbem-26932	20	2	example	example	NOUN
fbem-26932	20	3	,	,	PUNCT
fbem-26932	20	4	models	model	NOUN
fbem-26932	20	5	such	such	ADJ
fbem-26932	20	6	as	as	ADP
fbem-26932	20	7	support	support	NOUN
fbem-26932	20	8	vector	vector	NOUN
fbem-26932	20	9	machine	machine	NOUN
fbem-26932	20	10	(	(	PUNCT
fbem-26932	20	11	svm	svm	PROPN
fbem-26932	20	12	)	)	PUNCT
fbem-26932	20	13	and	and	CCONJ
fbem-26932	20	14	neural	neural	ADJ
fbem-26932	20	15	network	network	NOUN
fbem-26932	20	16	are	be	AUX
fbem-26932	20	17	widely	widely	ADV
fbem-26932	20	18	used	use	VERB
fbem-26932	20	19	in	in	ADP
fbem-26932	20	20	financial	financial	ADJ
fbem-26932	20	21	risk	risk	NOUN
fbem-26932	20	22	assessment	assessment	NOUN
fbem-26932	20	23	and	and	CCONJ
fbem-26932	20	24	early	early	ADJ
fbem-26932	20	25	warning	warning	NOUN
fbem-26932	20	26	[	[	X
fbem-26932	20	27	3	3	NUM
fbem-26932	20	28	-	-	SYM
fbem-26932	20	29	4	4	NUM
fbem-26932	20	30	]	]	PUNCT
fbem-26932	20	31	.	.	PUNCT
fbem-26932	21	1	these	these	DET
fbem-26932	21	2	models	model	NOUN
fbem-26932	21	3	can	can	AUX
fbem-26932	21	4	deal	deal	VERB
fbem-26932	21	5	with	with	ADP
fbem-26932	21	6	high	high	ADV
fbem-26932	21	7	-	-	PUNCT
fbem-26932	21	8	dimensional	dimensional	ADJ
fbem-26932	21	9	and	and	CCONJ
fbem-26932	21	10	nonlinear	nonlinear	ADJ
fbem-26932	21	11	financial	financial	ADJ
fbem-26932	21	12	data	datum	NOUN
fbem-26932	21	13	,	,	PUNCT
fbem-26932	21	14	and	and	CCONJ
fbem-26932	21	15	effectively	effectively	ADV
fbem-26932	21	16	improve	improve	VERB
fbem-26932	21	17	the	the	DET
fbem-26932	21	18	accuracy	accuracy	NOUN
fbem-26932	21	19	and	and	CCONJ
fbem-26932	21	20	timeliness	timeliness	NOUN
fbem-26932	21	21	of	of	ADP
fbem-26932	21	22	risk	risk	NOUN
fbem-26932	21	23	early	early	ADJ
fbem-26932	21	24	warning	warning	NOUN
fbem-26932	21	25	.	.	PUNCT
fbem-26932	22	1	however	however	ADV
fbem-26932	22	2	,	,	PUNCT
fbem-26932	22	3	they	they	PRON
fbem-26932	22	4	also	also	ADV
fbem-26932	22	5	have	have	VERB
fbem-26932	22	6	some	some	DET
fbem-26932	22	7	limitations	limitation	NOUN
fbem-26932	22	8	,	,	PUNCT
fbem-26932	22	9	such	such	ADJ
fbem-26932	22	10	as	as	ADP
fbem-26932	22	11	over	over	ADV
fbem-26932	22	12	-	-	PUNCT
fbem-26932	22	13	fitting	fit	VERB
fbem-26932	22	14	and	and	CCONJ
fbem-26932	22	15	insufficient	insufficient	ADJ
fbem-26932	22	16	explanatory	explanatory	ADJ
fbem-26932	22	17	power	power	NOUN
fbem-26932	22	18	.	.	PUNCT
fbem-26932	23	1	as	as	ADP
fbem-26932	23	2	a	a	DET
fbem-26932	23	3	dynamic	dynamic	ADJ
fbem-26932	23	4	economic	economic	ADJ
fbem-26932	23	5	analysis	analysis	NOUN
fbem-26932	23	6	tool	tool	NOUN
fbem-26932	23	7	,	,	PUNCT
fbem-26932	23	8	mrsm	mrsm	NOUN
fbem-26932	23	9	can	can	AUX
fbem-26932	23	10	capture	capture	VERB
fbem-26932	23	11	the	the	DET
fbem-26932	23	12	structural	structural	ADJ
fbem-26932	23	13	changes	change	NOUN
fbem-26932	23	14	in	in	ADP
fbem-26932	23	15	time	time	NOUN
fbem-26932	23	16	series	series	PROPN
fbem-26932	23	17	data	datum	NOUN
fbem-26932	23	18	and	and	CCONJ
fbem-26932	23	19	predict	predict	VERB
fbem-26932	23	20	the	the	DET
fbem-26932	23	21	future	future	ADJ
fbem-26932	23	22	state	state	NOUN
fbem-26932	23	23	according	accord	VERB
fbem-26932	23	24	to	to	ADP
fbem-26932	23	25	historical	historical	ADJ
fbem-26932	23	26	information	information	NOUN
fbem-26932	23	27	[	[	X
fbem-26932	23	28	5	5	NUM
fbem-26932	23	29	]	]	PUNCT
fbem-26932	23	30	.	.	PUNCT
fbem-26932	24	1	the	the	DET
fbem-26932	24	2	application	application	NOUN
fbem-26932	24	3	of	of	ADP
fbem-26932	24	4	this	this	DET
fbem-26932	24	5	model	model	NOUN
fbem-26932	24	6	in	in	ADP
fbem-26932	24	7	the	the	DET
fbem-26932	24	8	financial	financial	ADJ
fbem-26932	24	9	field	field	NOUN
fbem-26932	24	10	mainly	mainly	ADV
fbem-26932	24	11	focuses	focus	VERB
fbem-26932	24	12	on	on	ADP
fbem-26932	24	13	market	market	NOUN
fbem-26932	24	14	state	state	NOUN
fbem-26932	24	15	identification	identification	NOUN
fbem-26932	24	16	,	,	PUNCT
fbem-26932	24	17	economic	economic	ADJ
fbem-26932	24	18	cycle	cycle	NOUN
fbem-26932	24	19	division	division	NOUN
fbem-26932	24	20	and	and	CCONJ
fbem-26932	24	21	risk	risk	VERB
fbem-26932	24	22	early	early	ADJ
fbem-26932	24	23	warning	warning	NOUN
fbem-26932	24	24	.	.	PUNCT
fbem-26932	25	1	in	in	ADP
fbem-26932	25	2	the	the	DET
fbem-26932	25	3	aspect	aspect	NOUN
fbem-26932	25	4	of	of	ADP
fbem-26932	25	5	market	market	NOUN
fbem-26932	25	6	state	state	NOUN
fbem-26932	25	7	identification	identification	NOUN
fbem-26932	25	8	,	,	PUNCT
fbem-26932	25	9	mrsm	mrsm	NOUN
fbem-26932	25	10	can	can	AUX
fbem-26932	25	11	effectively	effectively	ADV
fbem-26932	25	12	identify	identify	VERB
fbem-26932	25	13	different	different	ADJ
fbem-26932	25	14	market	market	NOUN
fbem-26932	25	15	states	state	NOUN
fbem-26932	25	16	,	,	PUNCT
fbem-26932	25	17	such	such	ADJ
fbem-26932	25	18	as	as	ADP
fbem-26932	25	19	rising	rise	VERB
fbem-26932	25	20	state	state	NOUN
fbem-26932	25	21	and	and	CCONJ
fbem-26932	25	22	falling	fall	VERB
fbem-26932	25	23	state	state	NOUN
fbem-26932	25	24	,	,	PUNCT
fbem-26932	25	25	by	by	ADP
fbem-26932	25	26	analyzing	analyze	VERB
fbem-26932	25	27	the	the	DET
fbem-26932	25	28	data	datum	NOUN
fbem-26932	25	29	of	of	ADP
fbem-26932	25	30	financial	financial	ADJ
fbem-26932	25	31	market	market	NOUN
fbem-26932	25	32	price	price	NOUN
fbem-26932	25	33	and	and	CCONJ
fbem-26932	25	34	trading	trading	NOUN
fbem-26932	25	35	volume	volume	NOUN
fbem-26932	25	36	.	.	PUNCT
fbem-26932	26	1	this	this	PRON
fbem-26932	26	2	provides	provide	VERB
fbem-26932	26	3	an	an	DET
fbem-26932	26	4	important	important	ADJ
fbem-26932	26	5	decision	decision	NOUN
fbem-26932	26	6	-	-	PUNCT
fbem-26932	26	7	making	make	VERB
fbem-26932	26	8	reference	reference	NOUN
fbem-26932	26	9	for	for	ADP
fbem-26932	26	10	investors	investor	NOUN
fbem-26932	26	11	.	.	PUNCT
fbem-26932	27	1	in	in	ADP
fbem-26932	27	2	the	the	DET
fbem-26932	27	3	division	division	NOUN
fbem-26932	27	4	of	of	ADP
fbem-26932	27	5	economic	economic	ADJ
fbem-26932	27	6	cycle	cycle	NOUN
fbem-26932	27	7	,	,	PUNCT
fbem-26932	27	8	the	the	DET
fbem-26932	27	9	model	model	NOUN
fbem-26932	27	10	can	can	AUX
fbem-26932	27	11	identify	identify	VERB
fbem-26932	27	12	the	the	DET
fbem-26932	27	13	turning	turning	NOUN
fbem-26932	27	14	point	point	NOUN
fbem-26932	27	15	of	of	ADP
fbem-26932	27	16	economic	economic	ADJ
fbem-26932	27	17	cycle	cycle	NOUN
fbem-26932	27	18	based	base	VERB
fbem-26932	27	19	on	on	ADP
fbem-26932	27	20	macroeconomic	macroeconomic	ADJ
fbem-26932	27	21	data	datum	NOUN
fbem-26932	27	22	,	,	PUNCT
fbem-26932	27	23	which	which	PRON
fbem-26932	27	24	is	be	AUX
fbem-26932	27	25	helpful	helpful	ADJ
fbem-26932	27	26	for	for	ADP
fbem-26932	27	27	policy	policy	NOUN
fbem-26932	27	28	makers	maker	NOUN
fbem-26932	27	29	to	to	PART
fbem-26932	27	30	adjust	adjust	VERB
fbem-26932	27	31	economic	economic	ADJ
fbem-26932	27	32	policies	policy	NOUN
fbem-26932	27	33	in	in	ADP
fbem-26932	27	34	time	time	NOUN
fbem-26932	27	35	[	[	X
fbem-26932	27	36	6	6	NUM
fbem-26932	27	37	]	]	PUNCT
fbem-26932	27	38	.	.	PUNCT
fbem-26932	28	1	in	in	ADP
fbem-26932	28	2	terms	term	NOUN
fbem-26932	28	3	of	of	ADP
fbem-26932	28	4	risk	risk	NOUN
fbem-26932	28	5	early	early	ADJ
fbem-26932	28	6	warning	warning	NOUN
fbem-26932	28	7	,	,	PUNCT
fbem-26932	28	8	mrsm	mrsm	NOUN
fbem-26932	28	9	can	can	AUX
fbem-26932	28	10	monitor	monitor	VERB
fbem-26932	28	11	the	the	DET
fbem-26932	28	12	risk	risk	NOUN
fbem-26932	28	13	status	status	NOUN
fbem-26932	28	14	of	of	ADP
fbem-26932	28	15	the	the	DET
fbem-26932	28	16	financial	financial	ADJ
fbem-26932	28	17	system	system	NOUN
fbem-26932	28	18	in	in	ADP
fbem-26932	28	19	real	real	ADJ
fbem-26932	28	20	time	time	NOUN
fbem-26932	28	21	,	,	PUNCT
fbem-26932	28	22	and	and	CCONJ
fbem-26932	28	23	send	send	VERB
fbem-26932	28	24	out	out	ADP
fbem-26932	28	25	early	early	ADJ
fbem-26932	28	26	warning	warning	NOUN
fbem-26932	28	27	signals	signal	NOUN
fbem-26932	28	28	when	when	SCONJ
fbem-26932	28	29	risks	risk	NOUN
fbem-26932	28	30	accumulate	accumulate	VERB
fbem-26932	28	31	to	to	ADP
fbem-26932	28	32	a	a	DET
fbem-26932	28	33	certain	certain	ADJ
fbem-26932	28	34	extent	extent	NOUN
fbem-26932	28	35	,	,	PUNCT
fbem-26932	28	36	thus	thus	ADV
fbem-26932	28	37	providing	provide	VERB
fbem-26932	28	38	timely	timely	ADJ
fbem-26932	28	39	risk	risk	NOUN
fbem-26932	28	40	management	management	NOUN
fbem-26932	28	41	decision	decision	NOUN
fbem-26932	28	42	support	support	NOUN
fbem-26932	28	43	for	for	ADP
fbem-26932	28	44	financial	financial	ADJ
fbem-26932	28	45	institutions	institution	NOUN
fbem-26932	28	46	and	and	CCONJ
fbem-26932	28	47	regulatory	regulatory	ADJ
fbem-26932	28	48	authorities	authority	NOUN
fbem-26932	28	49	[	[	X
fbem-26932	28	50	7	7	NUM
fbem-26932	28	51	]	]	PUNCT
fbem-26932	28	52	.	.	PUNCT
fbem-26932	29	1	although	although	SCONJ
fbem-26932	29	2	the	the	DET
fbem-26932	29	3	application	application	NOUN
fbem-26932	29	4	of	of	ADP
fbem-26932	29	5	mrsm	mrsm	NOUN
fbem-26932	29	6	in	in	ADP
fbem-26932	29	7	the	the	DET
fbem-26932	29	8	financial	financial	ADJ
fbem-26932	29	9	field	field	NOUN
fbem-26932	29	10	has	have	AUX
fbem-26932	29	11	made	make	VERB
fbem-26932	29	12	some	some	DET
fbem-26932	29	13	achievements	achievement	NOUN
fbem-26932	29	14	,	,	PUNCT
fbem-26932	29	15	there	there	PRON
fbem-26932	29	16	are	be	VERB
fbem-26932	29	17	still	still	ADV
fbem-26932	29	18	some	some	DET
fbem-26932	29	19	research	research	NOUN
fbem-26932	29	20	gaps	gap	NOUN
fbem-26932	29	21	and	and	CCONJ
fbem-26932	29	22	shortcomings	shortcoming	NOUN
fbem-26932	29	23	.	.	PUNCT
fbem-26932	30	1	first	first	ADV
fbem-26932	30	2	of	of	ADP
fbem-26932	30	3	all	all	PRON
fbem-26932	30	4	,	,	PUNCT
fbem-26932	30	5	the	the	DET
fbem-26932	30	6	existing	exist	VERB
fbem-26932	30	7	research	research	NOUN
fbem-26932	30	8	mainly	mainly	ADV
fbem-26932	30	9	focuses	focus	VERB
fbem-26932	30	10	on	on	ADP
fbem-26932	30	11	the	the	DET
fbem-26932	30	12	early	early	ADJ
fbem-26932	30	13	warning	warning	NOUN
fbem-26932	30	14	of	of	ADP
fbem-26932	30	15	a	a	DET
fbem-26932	30	16	single	single	ADJ
fbem-26932	30	17	financial	financial	ADJ
fbem-26932	30	18	market	market	NOUN
fbem-26932	30	19	or	or	CCONJ
fbem-26932	30	20	a	a	DET
fbem-26932	30	21	single	single	ADJ
fbem-26932	30	22	risk	risk	NOUN
fbem-26932	30	23	type	type	NOUN
fbem-26932	30	24	,	,	PUNCT
fbem-26932	30	25	and	and	CCONJ
fbem-26932	30	26	lacks	lack	VERB
fbem-26932	30	27	comprehensive	comprehensive	ADJ
fbem-26932	30	28	consideration	consideration	NOUN
fbem-26932	30	29	of	of	ADP
fbem-26932	30	30	systemic	systemic	ADJ
fbem-26932	30	31	financial	financial	ADJ
fbem-26932	30	32	risks	risk	NOUN
fbem-26932	30	33	.	.	PUNCT
fbem-26932	31	1	secondly	secondly	ADV
fbem-26932	31	2	,	,	PUNCT
fbem-26932	31	3	mrsm	mrsm	PROPN
fbem-26932	31	4	may	may	AUX
fbem-26932	31	5	face	face	VERB
fbem-26932	31	6	challenges	challenge	NOUN
fbem-26932	31	7	when	when	SCONJ
fbem-26932	31	8	dealing	deal	VERB
fbem-26932	31	9	with	with	ADP
fbem-26932	31	10	high	high	ADJ
fbem-26932	31	11	-	-	PUNCT
fbem-26932	31	12	dimensional	dimensional	ADJ
fbem-26932	31	13	and	and	CCONJ
fbem-26932	31	14	nonlinear	nonlinear	ADJ
fbem-26932	31	15	financial	financial	ADJ
fbem-26932	31	16	data	datum	NOUN
fbem-26932	31	17	,	,	PUNCT
fbem-26932	31	18	which	which	PRON
fbem-26932	31	19	needs	need	VERB
fbem-26932	31	20	to	to	PART
fbem-26932	31	21	be	be	AUX
fbem-26932	31	22	improved	improve	VERB
fbem-26932	31	23	and	and	CCONJ
fbem-26932	31	24	optimized	optimize	VERB
fbem-26932	31	25	by	by	ADP
fbem-26932	31	26	combining	combine	VERB
fbem-26932	31	27	with	with	ADP
fbem-26932	31	28	other	other	ADJ
fbem-26932	31	29	advanced	advanced	ADJ
fbem-26932	31	30	technologies	technology	NOUN
fbem-26932	31	31	[	[	X
fbem-26932	31	32	8	8	NUM
fbem-26932	31	33	]	]	PUNCT
fbem-26932	31	34	.	.	PUNCT
fbem-26932	32	1	finally	finally	ADV
fbem-26932	32	2	,	,	PUNCT
fbem-26932	32	3	the	the	DET
fbem-26932	32	4	evaluation	evaluation	NOUN
fbem-26932	32	5	criteria	criterion	NOUN
fbem-26932	32	6	of	of	ADP
fbem-26932	32	7	the	the	DET
fbem-26932	32	8	model	model	NOUN
fbem-26932	32	9	early	early	ADJ
fbem-26932	32	10	warning	warning	NOUN
fbem-26932	32	11	effect	effect	NOUN
fbem-26932	32	12	in	in	ADP
fbem-26932	32	13	the	the	DET
fbem-26932	32	14	existing	exist	VERB
fbem-26932	32	15	research	research	NOUN
fbem-26932	32	16	are	be	AUX
fbem-26932	32	17	not	not	PART
fbem-26932	32	18	uniform	uniform	ADJ
fbem-26932	32	19	,	,	PUNCT
fbem-26932	32	20	which	which	PRON
fbem-26932	32	21	needs	need	VERB
fbem-26932	32	22	to	to	PART
fbem-26932	32	23	be	be	AUX
fbem-26932	32	24	further	far	ADV
fbem-26932	32	25	improved	improve	VERB
fbem-26932	32	26	and	and	CCONJ
fbem-26932	32	27	standardized	standardize	VERB
fbem-26932	32	28	.	.	PUNCT
fbem-26932	33	1	293	293	NUM
fbem-26932	33	2	in	in	ADP
fbem-26932	33	3	view	view	NOUN
fbem-26932	33	4	of	of	ADP
fbem-26932	33	5	the	the	DET
fbem-26932	33	6	gaps	gap	NOUN
fbem-26932	33	7	and	and	CCONJ
fbem-26932	33	8	shortcomings	shortcoming	NOUN
fbem-26932	33	9	of	of	ADP
fbem-26932	33	10	the	the	DET
fbem-26932	33	11	above	above	ADJ
fbem-26932	33	12	research	research	NOUN
fbem-26932	33	13	,	,	PUNCT
fbem-26932	33	14	the	the	DET
fbem-26932	33	15	innovations	innovation	NOUN
fbem-26932	33	16	of	of	ADP
fbem-26932	33	17	this	this	DET
fbem-26932	33	18	paper	paper	NOUN
fbem-26932	33	19	are	be	AUX
fbem-26932	33	20	mainly	mainly	ADV
fbem-26932	33	21	reflected	reflect	VERB
fbem-26932	33	22	in	in	ADP
fbem-26932	33	23	the	the	DET
fbem-26932	33	24	following	follow	VERB
fbem-26932	33	25	aspects	aspect	NOUN
fbem-26932	33	26	:	:	PUNCT
fbem-26932	33	27	first	first	ADV
fbem-26932	33	28	,	,	PUNCT
fbem-26932	33	29	build	build	VERB
fbem-26932	33	30	a	a	DET
fbem-26932	33	31	comprehensive	comprehensive	ADJ
fbem-26932	33	32	risk	risk	NOUN
fbem-26932	33	33	index	index	NOUN
fbem-26932	33	34	system	system	NOUN
fbem-26932	33	35	covering	cover	VERB
fbem-26932	33	36	multi	multi	ADJ
fbem-26932	33	37	-	-	ADJ
fbem-26932	33	38	dimensional	dimensional	ADJ
fbem-26932	33	39	risk	risk	NOUN
fbem-26932	33	40	indicators	indicator	NOUN
fbem-26932	33	41	to	to	PART
fbem-26932	33	42	more	more	ADV
fbem-26932	33	43	accurately	accurately	ADV
fbem-26932	33	44	describe	describe	VERB
fbem-26932	33	45	systemic	systemic	ADJ
fbem-26932	33	46	financial	financial	ADJ
fbem-26932	33	47	risks	risk	NOUN
fbem-26932	33	48	;	;	PUNCT
fbem-26932	33	49	the	the	DET
fbem-26932	33	50	second	second	NOUN
fbem-26932	33	51	is	be	AUX
fbem-26932	33	52	to	to	PART
fbem-26932	33	53	optimize	optimize	VERB
fbem-26932	33	54	the	the	DET
fbem-26932	33	55	early	early	ADJ
fbem-26932	33	56	warning	warning	NOUN
fbem-26932	33	57	effect	effect	NOUN
fbem-26932	33	58	of	of	ADP
fbem-26932	33	59	mrsm	mrsm	NOUN
fbem-26932	33	60	under	under	ADP
fbem-26932	33	61	highdimensional	highdimensional	ADJ
fbem-26932	33	62	data	datum	NOUN
fbem-26932	33	63	by	by	ADP
fbem-26932	33	64	combining	combine	VERB
fbem-26932	33	65	data	datum	NOUN
fbem-26932	33	66	dimension	dimension	NOUN
fbem-26932	33	67	reduction	reduction	NOUN
fbem-26932	33	68	technologies	technology	NOUN
fbem-26932	33	69	such	such	ADJ
fbem-26932	33	70	as	as	ADP
fbem-26932	33	71	principal	principal	ADJ
fbem-26932	33	72	component	component	NOUN
fbem-26932	33	73	analysis	analysis	NOUN
fbem-26932	33	74	;	;	PUNCT
fbem-26932	33	75	the	the	DET
fbem-26932	33	76	third	third	NOUN
fbem-26932	33	77	is	be	AUX
fbem-26932	33	78	to	to	PART
fbem-26932	33	79	establish	establish	VERB
fbem-26932	33	80	a	a	DET
fbem-26932	33	81	unified	unified	ADJ
fbem-26932	33	82	early	early	ADJ
fbem-26932	33	83	warning	warning	NOUN
fbem-26932	33	84	effect	effect	NOUN
fbem-26932	33	85	evaluation	evaluation	NOUN
fbem-26932	33	86	standard	standard	NOUN
fbem-26932	33	87	and	and	CCONJ
fbem-26932	33	88	evaluate	evaluate	VERB
fbem-26932	33	89	the	the	DET
fbem-26932	33	90	early	early	ADJ
fbem-26932	33	91	warning	warning	NOUN
fbem-26932	33	92	performance	performance	NOUN
fbem-26932	33	93	of	of	ADP
fbem-26932	33	94	the	the	DET
fbem-26932	33	95	model	model	NOUN
fbem-26932	33	96	objectively	objectively	ADV
fbem-26932	33	97	and	and	CCONJ
fbem-26932	33	98	comprehensively	comprehensively	ADV
fbem-26932	33	99	.	.	PUNCT
fbem-26932	34	1	3	3	X
fbem-26932	34	2	.	.	X
fbem-26932	34	3	model	model	NOUN
fbem-26932	34	4	construction	construction	PROPN
fbem-26932	34	5	3.1	3.1	NUM
fbem-26932	34	6	.	.	PUNCT
fbem-26932	35	1	construction	construction	NOUN
fbem-26932	35	2	of	of	ADP
fbem-26932	35	3	risk	risk	NOUN
fbem-26932	35	4	index	index	NOUN
fbem-26932	35	5	system	system	NOUN
fbem-26932	35	6	a	a	DET
fbem-26932	35	7	comprehensive	comprehensive	ADJ
fbem-26932	35	8	and	and	CCONJ
fbem-26932	35	9	reasonable	reasonable	ADJ
fbem-26932	35	10	risk	risk	NOUN
fbem-26932	35	11	index	index	NOUN
fbem-26932	35	12	system	system	NOUN
fbem-26932	35	13	is	be	AUX
fbem-26932	35	14	very	very	ADV
fbem-26932	35	15	important	important	ADJ
fbem-26932	35	16	.	.	PUNCT
fbem-26932	36	1	the	the	DET
fbem-26932	36	2	system	system	NOUN
fbem-26932	36	3	needs	need	VERB
fbem-26932	36	4	to	to	PART
fbem-26932	36	5	accurately	accurately	ADV
fbem-26932	36	6	reflect	reflect	VERB
fbem-26932	36	7	multiple	multiple	ADJ
fbem-26932	36	8	dimensions	dimension	NOUN
fbem-26932	36	9	of	of	ADP
fbem-26932	36	10	systemic	systemic	ADJ
fbem-26932	36	11	financial	financial	ADJ
fbem-26932	36	12	risks	risk	NOUN
fbem-26932	36	13	,	,	PUNCT
fbem-26932	36	14	including	include	VERB
fbem-26932	36	15	external	external	ADJ
fbem-26932	36	16	factors	factor	NOUN
fbem-26932	36	17	such	such	ADJ
fbem-26932	36	18	as	as	ADP
fbem-26932	36	19	macroeconomic	macroeconomic	ADJ
fbem-26932	36	20	conditions	condition	NOUN
fbem-26932	36	21	and	and	CCONJ
fbem-26932	36	22	policy	policy	NOUN
fbem-26932	36	23	changes	change	NOUN
fbem-26932	36	24	,	,	PUNCT
fbem-26932	36	25	as	as	ADV
fbem-26932	36	26	well	well	ADV
fbem-26932	36	27	as	as	ADP
fbem-26932	36	28	internal	internal	ADJ
fbem-26932	36	29	factors	factor	NOUN
fbem-26932	36	30	such	such	ADJ
fbem-26932	36	31	as	as	ADP
fbem-26932	36	32	fragility	fragility	NOUN
fbem-26932	36	33	and	and	CCONJ
fbem-26932	36	34	contagion	contagion	NOUN
fbem-26932	36	35	of	of	ADP
fbem-26932	36	36	the	the	DET
fbem-26932	36	37	financial	financial	ADJ
fbem-26932	36	38	system	system	NOUN
fbem-26932	36	39	.	.	PUNCT
fbem-26932	37	1	this	this	DET
fbem-26932	37	2	paper	paper	NOUN
fbem-26932	37	3	constructs	construct	VERB
fbem-26932	37	4	a	a	DET
fbem-26932	37	5	comprehensive	comprehensive	ADJ
fbem-26932	37	6	risk	risk	NOUN
fbem-26932	37	7	index	index	NOUN
fbem-26932	37	8	system	system	NOUN
fbem-26932	37	9	including	include	VERB
fbem-26932	37	10	macroeconomic	macroeconomic	ADJ
fbem-26932	37	11	risk	risk	NOUN
fbem-26932	37	12	index	index	NOUN
fbem-26932	37	13	,	,	PUNCT
fbem-26932	37	14	policy	policy	NOUN
fbem-26932	37	15	change	change	NOUN
fbem-26932	37	16	risk	risk	NOUN
fbem-26932	37	17	index	index	NOUN
fbem-26932	37	18	,	,	PUNCT
fbem-26932	37	19	financial	financial	ADJ
fbem-26932	37	20	system	system	NOUN
fbem-26932	37	21	vulnerability	vulnerability	NOUN
fbem-26932	37	22	risk	risk	NOUN
fbem-26932	37	23	index	index	NOUN
fbem-26932	37	24	and	and	CCONJ
fbem-26932	37	25	infectious	infectious	ADJ
fbem-26932	37	26	risk	risk	NOUN
fbem-26932	37	27	index	index	NOUN
fbem-26932	37	28	.	.	PUNCT
fbem-26932	38	1	see	see	VERB
fbem-26932	38	2	table	table	NOUN
fbem-26932	38	3	1	1	NUM
fbem-26932	38	4	for	for	ADP
fbem-26932	38	5	the	the	DET
fbem-26932	38	6	risk	risk	NOUN
fbem-26932	38	7	index	index	NOUN
fbem-26932	38	8	system	system	NOUN
fbem-26932	38	9	.	.	PUNCT
fbem-26932	39	1	table	table	NOUN
fbem-26932	39	2	1	1	NUM
fbem-26932	39	3	.	.	PUNCT
fbem-26932	39	4	risk	risk	NOUN
fbem-26932	39	5	index	index	NOUN
fbem-26932	39	6	system	system	NOUN
fbem-26932	39	7	risk	risk	NOUN
fbem-26932	39	8	type	type	NOUN
fbem-26932	39	9	risk	risk	NOUN
fbem-26932	39	10	index	index	NOUN
fbem-26932	39	11	describe	describe	VERB
fbem-26932	39	12	macro	macro	ADJ
fbem-26932	39	13	economic	economic	ADJ
fbem-26932	39	14	risk	risk	NOUN
fbem-26932	39	15	economic	economic	ADJ
fbem-26932	39	16	growth	growth	NOUN
fbem-26932	39	17	rate	rate	NOUN
fbem-26932	39	18	reflecting	reflect	VERB
fbem-26932	39	19	the	the	DET
fbem-26932	39	20	overall	overall	ADJ
fbem-26932	39	21	economic	economic	ADJ
fbem-26932	39	22	growth	growth	NOUN
fbem-26932	39	23	rate	rate	NOUN
fbem-26932	39	24	and	and	CCONJ
fbem-26932	39	25	trend	trend	NOUN
fbem-26932	39	26	is	be	AUX
fbem-26932	39	27	a	a	DET
fbem-26932	39	28	basic	basic	ADJ
fbem-26932	39	29	indicator	indicator	NOUN
fbem-26932	39	30	to	to	PART
fbem-26932	39	31	measure	measure	VERB
fbem-26932	39	32	the	the	DET
fbem-26932	39	33	economic	economic	ADJ
fbem-26932	39	34	health	health	NOUN
fbem-26932	39	35	.	.	PUNCT
fbem-26932	40	1	inflation	inflation	NOUN
fbem-26932	40	2	rate	rate	NOUN
fbem-26932	40	3	reflect	reflect	VERB
fbem-26932	40	4	the	the	DET
fbem-26932	40	5	change	change	NOUN
fbem-26932	40	6	of	of	ADP
fbem-26932	40	7	currency	currency	NOUN
fbem-26932	40	8	value	value	NOUN
fbem-26932	40	9	,	,	PUNCT
fbem-26932	40	10	too	too	ADV
fbem-26932	40	11	high	high	ADJ
fbem-26932	40	12	or	or	CCONJ
fbem-26932	40	13	too	too	ADV
fbem-26932	40	14	low	low	ADJ
fbem-26932	40	15	inflation	inflation	NOUN
fbem-26932	40	16	rate	rate	NOUN
fbem-26932	40	17	will	will	AUX
fbem-26932	40	18	have	have	VERB
fbem-26932	40	19	a	a	DET
fbem-26932	40	20	negative	negative	ADJ
fbem-26932	40	21	impact	impact	NOUN
fbem-26932	40	22	on	on	ADP
fbem-26932	40	23	financial	financial	ADJ
fbem-26932	40	24	stability	stability	NOUN
fbem-26932	40	25	.	.	PUNCT
fbem-26932	41	1	interest	interest	NOUN
fbem-26932	41	2	rate	rate	NOUN
fbem-26932	41	3	level	level	NOUN
fbem-26932	41	4	including	include	VERB
fbem-26932	41	5	benchmark	benchmark	NOUN
fbem-26932	41	6	interest	interest	NOUN
fbem-26932	41	7	rate	rate	NOUN
fbem-26932	41	8	and	and	CCONJ
fbem-26932	41	9	market	market	NOUN
fbem-26932	41	10	interest	interest	NOUN
fbem-26932	41	11	rate	rate	NOUN
fbem-26932	41	12	,	,	PUNCT
fbem-26932	41	13	their	their	PRON
fbem-26932	41	14	changes	change	NOUN
fbem-26932	41	15	directly	directly	ADV
fbem-26932	41	16	affect	affect	VERB
fbem-26932	41	17	borrowing	borrowing	NOUN
fbem-26932	41	18	costs	cost	NOUN
fbem-26932	41	19	and	and	CCONJ
fbem-26932	41	20	asset	asset	NOUN
fbem-26932	41	21	prices	price	NOUN
fbem-26932	41	22	.	.	PUNCT
fbem-26932	42	1	international	international	ADJ
fbem-26932	42	2	trade	trade	NOUN
fbem-26932	42	3	and	and	CCONJ
fbem-26932	42	4	payment	payment	NOUN
fbem-26932	42	5	balance	balance	NOUN
fbem-26932	42	6	reflecting	reflect	VERB
fbem-26932	42	7	the	the	DET
fbem-26932	42	8	economic	economic	ADJ
fbem-26932	42	9	exchanges	exchange	NOUN
fbem-26932	42	10	between	between	ADP
fbem-26932	42	11	a	a	DET
fbem-26932	42	12	country	country	NOUN
fbem-26932	42	13	and	and	CCONJ
fbem-26932	42	14	other	other	ADJ
fbem-26932	42	15	countries	country	NOUN
fbem-26932	42	16	,	,	PUNCT
fbem-26932	42	17	imbalance	imbalance	NOUN
fbem-26932	42	18	may	may	AUX
fbem-26932	42	19	trigger	trigger	VERB
fbem-26932	42	20	financial	financial	ADJ
fbem-26932	42	21	pressure	pressure	NOUN
fbem-26932	42	22	.	.	PUNCT
fbem-26932	43	1	policy	policy	NOUN
fbem-26932	43	2	change	change	NOUN
fbem-26932	43	3	risk	risk	NOUN
fbem-26932	43	4	changes	change	NOUN
fbem-26932	43	5	in	in	ADP
fbem-26932	43	6	monetary	monetary	ADJ
fbem-26932	43	7	policy	policy	NOUN
fbem-26932	43	8	for	for	ADP
fbem-26932	43	9	example	example	NOUN
fbem-26932	43	10	,	,	PUNCT
fbem-26932	43	11	the	the	DET
fbem-26932	43	12	central	central	ADJ
fbem-26932	43	13	bank	bank	NOUN
fbem-26932	43	14	's	's	PART
fbem-26932	43	15	adjustment	adjustment	NOUN
fbem-26932	43	16	of	of	ADP
fbem-26932	43	17	the	the	DET
fbem-26932	43	18	deposit	deposit	NOUN
fbem-26932	43	19	reserve	reserve	NOUN
fbem-26932	43	20	ratio	ratio	NOUN
fbem-26932	43	21	and	and	CCONJ
fbem-26932	43	22	open	open	ADJ
fbem-26932	43	23	market	market	NOUN
fbem-26932	43	24	operations	operation	NOUN
fbem-26932	43	25	directly	directly	ADV
fbem-26932	43	26	affect	affect	VERB
fbem-26932	43	27	market	market	NOUN
fbem-26932	43	28	liquidity	liquidity	NOUN
fbem-26932	43	29	.	.	PUNCT
fbem-26932	44	1	changes	change	NOUN
fbem-26932	44	2	in	in	ADP
fbem-26932	44	3	fiscal	fiscal	ADJ
fbem-26932	44	4	policy	policy	NOUN
fbem-26932	44	5	including	include	VERB
fbem-26932	44	6	the	the	DET
fbem-26932	44	7	adjustment	adjustment	NOUN
fbem-26932	44	8	of	of	ADP
fbem-26932	44	9	government	government	NOUN
fbem-26932	44	10	expenditure	expenditure	NOUN
fbem-26932	44	11	and	and	CCONJ
fbem-26932	44	12	tax	tax	NOUN
fbem-26932	44	13	policy	policy	NOUN
fbem-26932	44	14	,	,	PUNCT
fbem-26932	44	15	has	have	VERB
fbem-26932	44	16	an	an	DET
fbem-26932	44	17	important	important	ADJ
fbem-26932	44	18	impact	impact	NOUN
fbem-26932	44	19	on	on	ADP
fbem-26932	44	20	economic	economic	ADJ
fbem-26932	44	21	growth	growth	NOUN
fbem-26932	44	22	and	and	CCONJ
fbem-26932	44	23	financial	financial	ADJ
fbem-26932	44	24	markets	market	NOUN
fbem-26932	44	25	.	.	PUNCT
fbem-26932	45	1	financial	financial	ADJ
fbem-26932	45	2	supervision	supervision	NOUN
fbem-26932	45	3	policy	policy	NOUN
fbem-26932	45	4	reflect	reflect	VERB
fbem-26932	45	5	the	the	DET
fbem-26932	45	6	attitude	attitude	NOUN
fbem-26932	45	7	and	and	CCONJ
fbem-26932	45	8	measures	measure	NOUN
fbem-26932	45	9	of	of	ADP
fbem-26932	45	10	the	the	DET
fbem-26932	45	11	regulatory	regulatory	ADJ
fbem-26932	45	12	authorities	authority	NOUN
fbem-26932	45	13	to	to	ADP
fbem-26932	45	14	the	the	DET
fbem-26932	45	15	financial	financial	ADJ
fbem-26932	45	16	market	market	NOUN
fbem-26932	45	17	,	,	PUNCT
fbem-26932	45	18	and	and	CCONJ
fbem-26932	45	19	directly	directly	ADV
fbem-26932	45	20	affect	affect	VERB
fbem-26932	45	21	the	the	DET
fbem-26932	45	22	operating	operating	NOUN
fbem-26932	45	23	environment	environment	NOUN
fbem-26932	45	24	of	of	ADP
fbem-26932	45	25	financial	financial	ADJ
fbem-26932	45	26	institutions	institution	NOUN
fbem-26932	45	27	.	.	PUNCT
fbem-26932	46	1	financial	financial	ADJ
fbem-26932	46	2	system	system	NOUN
fbem-26932	46	3	vulnerability	vulnerability	NOUN
fbem-26932	46	4	risk	risk	NOUN
fbem-26932	46	5	capital	capital	NOUN
fbem-26932	46	6	adequacy	adequacy	NOUN
fbem-26932	46	7	ratio	ratio	NOUN
fbem-26932	46	8	measuring	measure	VERB
fbem-26932	46	9	the	the	DET
fbem-26932	46	10	ability	ability	NOUN
fbem-26932	46	11	of	of	ADP
fbem-26932	46	12	financial	financial	ADJ
fbem-26932	46	13	institutions	institution	NOUN
fbem-26932	46	14	to	to	PART
fbem-26932	46	15	resist	resist	VERB
fbem-26932	46	16	risks	risk	NOUN
fbem-26932	46	17	is	be	AUX
fbem-26932	46	18	a	a	DET
fbem-26932	46	19	key	key	ADJ
fbem-26932	46	20	index	index	NOUN
fbem-26932	46	21	to	to	PART
fbem-26932	46	22	evaluate	evaluate	VERB
fbem-26932	46	23	financial	financial	ADJ
fbem-26932	46	24	stability	stability	NOUN
fbem-26932	46	25	.	.	PUNCT
fbem-26932	47	1	liquidity	liquidity	NOUN
fbem-26932	47	2	ratio	ratio	NOUN
fbem-26932	47	3	reflect	reflect	VERB
fbem-26932	47	4	the	the	DET
fbem-26932	47	5	ability	ability	NOUN
fbem-26932	47	6	of	of	ADP
fbem-26932	47	7	financial	financial	ADJ
fbem-26932	47	8	institutions	institution	NOUN
fbem-26932	47	9	to	to	PART
fbem-26932	47	10	meet	meet	VERB
fbem-26932	47	11	debt	debt	NOUN
fbem-26932	47	12	repayment	repayment	NOUN
fbem-26932	47	13	and	and	CCONJ
fbem-26932	47	14	capital	capital	NOUN
fbem-26932	47	15	demand	demand	NOUN
fbem-26932	47	16	in	in	ADP
fbem-26932	47	17	a	a	DET
fbem-26932	47	18	short	short	ADJ
fbem-26932	47	19	period	period	NOUN
fbem-26932	47	20	of	of	ADP
fbem-26932	47	21	time	time	NOUN
fbem-26932	47	22	.	.	PUNCT
fbem-26932	48	1	bad	bad	ADJ
fbem-26932	48	2	loan	loan	NOUN
fbem-26932	48	3	ratio	ratio	NOUN
fbem-26932	48	4	reflect	reflect	VERB
fbem-26932	48	5	the	the	DET
fbem-26932	48	6	quality	quality	NOUN
fbem-26932	48	7	of	of	ADP
fbem-26932	48	8	credit	credit	NOUN
fbem-26932	48	9	assets	asset	NOUN
fbem-26932	48	10	of	of	ADP
fbem-26932	48	11	financial	financial	ADJ
fbem-26932	48	12	institutions	institution	NOUN
fbem-26932	48	13	,	,	PUNCT
fbem-26932	48	14	and	and	CCONJ
fbem-26932	48	15	the	the	DET
fbem-26932	48	16	rising	rise	VERB
fbem-26932	48	17	nonperforming	nonperforme	VERB
fbem-26932	48	18	loan	loan	NOUN
fbem-26932	48	19	ratio	ratio	NOUN
fbem-26932	48	20	may	may	AUX
fbem-26932	48	21	lead	lead	VERB
fbem-26932	48	22	to	to	ADP
fbem-26932	48	23	credit	credit	NOUN
fbem-26932	48	24	risk	risk	NOUN
fbem-26932	48	25	.	.	PUNCT
fbem-26932	49	1	infectious	infectious	ADJ
fbem-26932	49	2	risk	risk	NOUN
fbem-26932	49	3	financial	financial	ADJ
fbem-26932	49	4	market	market	NOUN
fbem-26932	49	5	volatility	volatility	NOUN
fbem-26932	49	6	measuring	measure	VERB
fbem-26932	49	7	the	the	DET
fbem-26932	49	8	range	range	NOUN
fbem-26932	49	9	and	and	CCONJ
fbem-26932	49	10	frequency	frequency	NOUN
fbem-26932	49	11	of	of	ADP
fbem-26932	49	12	market	market	NOUN
fbem-26932	49	13	price	price	NOUN
fbem-26932	49	14	changes	change	NOUN
fbem-26932	49	15	,	,	PUNCT
fbem-26932	49	16	high	high	ADJ
fbem-26932	49	17	volatility	volatility	NOUN
fbem-26932	49	18	may	may	AUX
fbem-26932	49	19	aggravate	aggravate	VERB
fbem-26932	49	20	the	the	DET
fbem-26932	49	21	contagion	contagion	NOUN
fbem-26932	49	22	of	of	ADP
fbem-26932	49	23	financial	financial	ADJ
fbem-26932	49	24	risks	risk	NOUN
fbem-26932	49	25	.	.	PUNCT
fbem-26932	50	1	correlation	correlation	NOUN
fbem-26932	50	2	between	between	ADP
fbem-26932	50	3	financial	financial	ADJ
fbem-26932	50	4	institutions	institution	NOUN
fbem-26932	50	5	by	by	ADP
fbem-26932	50	6	analyzing	analyze	VERB
fbem-26932	50	7	the	the	DET
fbem-26932	50	8	transaction	transaction	NOUN
fbem-26932	50	9	data	datum	NOUN
fbem-26932	50	10	and	and	CCONJ
fbem-26932	50	11	balance	balance	NOUN
fbem-26932	50	12	sheets	sheet	NOUN
fbem-26932	50	13	between	between	ADP
fbem-26932	50	14	financial	financial	ADJ
fbem-26932	50	15	institutions	institution	NOUN
fbem-26932	50	16	,	,	PUNCT
fbem-26932	50	17	the	the	DET
fbem-26932	50	18	risk	risk	NOUN
fbem-26932	50	19	exposure	exposure	NOUN
fbem-26932	50	20	and	and	CCONJ
fbem-26932	50	21	interdependence	interdependence	NOUN
fbem-26932	50	22	between	between	ADP
fbem-26932	50	23	them	they	PRON
fbem-26932	50	24	are	be	AUX
fbem-26932	50	25	evaluated	evaluate	VERB
fbem-26932	50	26	.	.	PUNCT
fbem-26932	51	1	cross	cross	ADJ
fbem-26932	51	2	-	-	ADJ
fbem-26932	51	3	border	border	ADJ
fbem-26932	51	4	financial	financial	ADJ
fbem-26932	51	5	risk	risk	NOUN
fbem-26932	51	6	exposure	exposure	NOUN
fbem-26932	51	7	reflect	reflect	VERB
fbem-26932	51	8	the	the	DET
fbem-26932	51	9	degree	degree	NOUN
fbem-26932	51	10	of	of	ADP
fbem-26932	51	11	connection	connection	NOUN
fbem-26932	51	12	between	between	ADP
fbem-26932	51	13	a	a	DET
fbem-26932	51	14	country	country	NOUN
fbem-26932	51	15	's	's	PART
fbem-26932	51	16	financial	financial	ADJ
fbem-26932	51	17	system	system	NOUN
fbem-26932	51	18	and	and	CCONJ
fbem-26932	51	19	other	other	ADJ
fbem-26932	51	20	countries	country	NOUN
fbem-26932	51	21	'	'	PART
fbem-26932	51	22	financial	financial	ADJ
fbem-26932	51	23	systems	system	NOUN
fbem-26932	51	24	,	,	PUNCT
fbem-26932	51	25	and	and	CCONJ
fbem-26932	51	26	the	the	DET
fbem-26932	51	27	potential	potential	ADJ
fbem-26932	51	28	cross	cross	ADJ
fbem-26932	51	29	-	-	ADJ
fbem-26932	51	30	border	border	ADJ
fbem-26932	51	31	risk	risk	NOUN
fbem-26932	51	32	transmission	transmission	NOUN
fbem-26932	51	33	channels	channel	NOUN
fbem-26932	51	34	.	.	PUNCT
fbem-26932	52	1	3.2	3.2	NUM
fbem-26932	52	2	.	.	PUNCT
fbem-26932	53	1	data	datum	NOUN
fbem-26932	53	2	synthesis	synthesis	NOUN
fbem-26932	53	3	and	and	CCONJ
fbem-26932	53	4	financial	financial	ADJ
fbem-26932	53	5	stress	stress	NOUN
fbem-26932	53	6	index	index	NOUN
fbem-26932	53	7	construction	construction	NOUN
fbem-26932	53	8	in	in	ADP
fbem-26932	53	9	this	this	DET
fbem-26932	53	10	study	study	NOUN
fbem-26932	53	11	,	,	PUNCT
fbem-26932	53	12	principal	principal	ADJ
fbem-26932	53	13	component	component	NOUN
fbem-26932	53	14	analysis	analysis	NOUN
fbem-26932	53	15	(	(	PUNCT
fbem-26932	53	16	pca	pca	NOUN
fbem-26932	53	17	)	)	PUNCT
fbem-26932	53	18	is	be	AUX
fbem-26932	53	19	used	use	VERB
fbem-26932	53	20	to	to	PART
fbem-26932	53	21	synthesize	synthesize	VERB
fbem-26932	53	22	the	the	DET
fbem-26932	53	23	risk	risk	NOUN
fbem-26932	53	24	index	index	NOUN
fbem-26932	53	25	of	of	ADP
fbem-26932	53	26	each	each	DET
fbem-26932	53	27	dimension	dimension	NOUN
fbem-26932	53	28	and	and	CCONJ
fbem-26932	53	29	further	far	ADV
fbem-26932	53	30	construct	construct	VERB
fbem-26932	53	31	the	the	DET
fbem-26932	53	32	financial	financial	ADJ
fbem-26932	53	33	stress	stress	NOUN
fbem-26932	53	34	index	index	NOUN
fbem-26932	53	35	.	.	PUNCT
fbem-26932	54	1	pca	pca	PROPN
fbem-26932	54	2	is	be	AUX
fbem-26932	54	3	a	a	DET
fbem-26932	54	4	commonly	commonly	ADV
fbem-26932	54	5	used	use	VERB
fbem-26932	54	6	data	data	NOUN
fbem-26932	54	7	dimensionality	dimensionality	NOUN
fbem-26932	54	8	reduction	reduction	NOUN
fbem-26932	54	9	technology	technology	NOUN
fbem-26932	54	10	,	,	PUNCT
fbem-26932	54	11	which	which	PRON
fbem-26932	54	12	can	can	AUX
fbem-26932	54	13	simplify	simplify	VERB
fbem-26932	54	14	the	the	DET
fbem-26932	54	15	data	data	NOUN
fbem-26932	54	16	structure	structure	NOUN
fbem-26932	54	17	by	by	ADP
fbem-26932	54	18	extracting	extract	VERB
fbem-26932	54	19	the	the	DET
fbem-26932	54	20	main	main	ADJ
fbem-26932	54	21	components	component	NOUN
fbem-26932	54	22	of	of	ADP
fbem-26932	54	23	the	the	DET
fbem-26932	54	24	original	original	ADJ
fbem-26932	54	25	data	datum	NOUN
fbem-26932	54	26	.	.	PUNCT
fbem-26932	55	1	in	in	ADP
fbem-26932	55	2	this	this	DET
fbem-26932	55	3	study	study	NOUN
fbem-26932	55	4	,	,	PUNCT
fbem-26932	55	5	pca	pca	PROPN
fbem-26932	55	6	is	be	AUX
fbem-26932	55	7	used	use	VERB
fbem-26932	55	8	to	to	PART
fbem-26932	55	9	synthesize	synthesize	VERB
fbem-26932	55	10	the	the	DET
fbem-26932	55	11	risk	risk	NOUN
fbem-26932	55	12	index	index	NOUN
fbem-26932	55	13	of	of	ADP
fbem-26932	55	14	each	each	DET
fbem-26932	55	15	dimension	dimension	NOUN
fbem-26932	55	16	,	,	PUNCT
fbem-26932	55	17	and	and	CCONJ
fbem-26932	55	18	the	the	DET
fbem-26932	55	19	specific	specific	ADJ
fbem-26932	55	20	steps	step	NOUN
fbem-26932	55	21	are	be	AUX
fbem-26932	55	22	as	as	SCONJ
fbem-26932	55	23	follows	follow	VERB
fbem-26932	55	24	:	:	PUNCT
fbem-26932	55	25	the	the	DET
fbem-26932	55	26	pre	pre	ADJ
fbem-26932	55	27	-	-	ADJ
fbem-26932	55	28	processed	process	VERB
fbem-26932	55	29	risk	risk	NOUN
fbem-26932	55	30	index	index	NOUN
fbem-26932	55	31	data	datum	NOUN
fbem-26932	55	32	are	be	AUX
fbem-26932	55	33	sorted	sort	VERB
fbem-26932	55	34	into	into	ADP
fbem-26932	55	35	a	a	DET
fbem-26932	55	36	matrix	matrix	NOUN
fbem-26932	55	37	x	x	PUNCT
fbem-26932	55	38	of	of	ADP
fbem-26932	55	39	mn	mn	PROPN
fbem-26932	55	40	,	,	PUNCT
fbem-26932	55	41	where	where	SCONJ
fbem-26932	55	42	n	n	PRON
fbem-26932	55	43	represents	represent	VERB
fbem-26932	55	44	the	the	DET
fbem-26932	55	45	number	number	NOUN
fbem-26932	55	46	of	of	ADP
fbem-26932	55	47	time	time	NOUN
fbem-26932	55	48	points	point	NOUN
fbem-26932	55	49	and	and	CCONJ
fbem-26932	55	50	m	m	VERB
fbem-26932	55	51	represents	represent	VERB
fbem-26932	55	52	the	the	DET
fbem-26932	55	53	number	number	NOUN
fbem-26932	55	54	of	of	ADP
fbem-26932	55	55	risk	risk	NOUN
fbem-26932	55	56	indicators	indicator	NOUN
fbem-26932	55	57	.	.	PUNCT
fbem-26932	56	1	calculate	calculate	NOUN
fbem-26932	56	2	covariance	covariance	NOUN
fbem-26932	56	3	matrix	matrix	NOUN
fbem-26932	56	4	c	c	PROPN
fbem-26932	56	5	of	of	ADP
fbem-26932	56	6	data	datum	NOUN
fbem-26932	56	7	matrix	matrix	NOUN
fbem-26932	56	8	x	x	VERB
fbem-26932	56	9	to	to	PART
fbem-26932	56	10	reflect	reflect	VERB
fbem-26932	56	11	the	the	DET
fbem-26932	56	12	correlation	correlation	NOUN
fbem-26932	56	13	between	between	ADP
fbem-26932	56	14	different	different	ADJ
fbem-26932	56	15	risk	risk	NOUN
fbem-26932	56	16	indicators	indicator	NOUN
fbem-26932	56	17	.	.	PUNCT
fbem-26932	57	1	by	by	ADP
fbem-26932	57	2	solving	solve	VERB
fbem-26932	57	3	the	the	DET
fbem-26932	57	4	eigenvalues	eigenvalue	NOUN
fbem-26932	57	5	and	and	CCONJ
fbem-26932	57	6	eigenvectors	eigenvector	NOUN
fbem-26932	57	7	of	of	ADP
fbem-26932	57	8	covariance	covariance	NOUN
fbem-26932	57	9	matrix	matrix	NOUN
fbem-26932	57	10	c	c	NOUN
fbem-26932	57	11	,	,	PUNCT
fbem-26932	57	12	the	the	DET
fbem-26932	57	13	principal	principal	ADJ
fbem-26932	57	14	component	component	NOUN
fbem-26932	57	15	and	and	CCONJ
fbem-26932	57	16	the	the	DET
fbem-26932	57	17	corresponding	corresponding	ADJ
fbem-26932	57	18	variance	variance	NOUN
fbem-26932	57	19	contribution	contribution	NOUN
fbem-26932	57	20	rate	rate	NOUN
fbem-26932	57	21	are	be	AUX
fbem-26932	57	22	obtained	obtain	VERB
fbem-26932	57	23	.	.	PUNCT
fbem-26932	58	1	according	accord	VERB
fbem-26932	58	2	to	to	ADP
fbem-26932	58	3	the	the	DET
fbem-26932	58	4	variance	variance	NOUN
fbem-26932	58	5	contribution	contribution	NOUN
fbem-26932	58	6	rate	rate	NOUN
fbem-26932	58	7	,	,	PUNCT
fbem-26932	58	8	the	the	DET
fbem-26932	58	9	first	first	ADJ
fbem-26932	58	10	k	k	PROPN
fbem-26932	58	11	principal	principal	ADJ
fbem-26932	58	12	components	component	NOUN
fbem-26932	58	13	(	(	PUNCT
fbem-26932	58	14	mk	mk	PROPN
fbem-26932	58	15			PROPN
fbem-26932	58	16	)	)	PUNCT
fbem-26932	58	17	are	be	AUX
fbem-26932	58	18	selected	select	VERB
fbem-26932	58	19	,	,	PUNCT
fbem-26932	58	20	which	which	PRON
fbem-26932	58	21	can	can	AUX
fbem-26932	58	22	keep	keep	VERB
fbem-26932	58	23	most	most	ADJ
fbem-26932	58	24	of	of	ADP
fbem-26932	58	25	the	the	DET
fbem-26932	58	26	information	information	NOUN
fbem-26932	58	27	of	of	ADP
fbem-26932	58	28	the	the	DET
fbem-26932	58	29	original	original	ADJ
fbem-26932	58	30	data	datum	NOUN
fbem-26932	58	31	.	.	PUNCT
fbem-26932	59	1	the	the	DET
fbem-26932	59	2	data	data	NOUN
fbem-26932	59	3	matrix	matrix	NOUN
fbem-26932	59	4	x	x	PUNCT
fbem-26932	59	5	is	be	AUX
fbem-26932	59	6	projected	project	VERB
fbem-26932	59	7	onto	onto	ADP
fbem-26932	59	8	the	the	DET
fbem-26932	59	9	selected	select	VERB
fbem-26932	59	10	principal	principal	ADJ
fbem-26932	59	11	components	component	NOUN
fbem-26932	59	12	,	,	PUNCT
fbem-26932	59	13	and	and	CCONJ
fbem-26932	59	14	the	the	DET
fbem-26932	59	15	score	score	NOUN
fbem-26932	59	16	of	of	ADP
fbem-26932	59	17	each	each	DET
fbem-26932	59	18	principal	principal	ADJ
fbem-26932	59	19	component	component	NOUN
fbem-26932	59	20	at	at	ADP
fbem-26932	59	21	each	each	DET
fbem-26932	59	22	time	time	NOUN
fbem-26932	59	23	point	point	NOUN
fbem-26932	59	24	is	be	AUX
fbem-26932	59	25	obtained	obtain	VERB
fbem-26932	59	26	.	.	PUNCT
fbem-26932	60	1	according	accord	VERB
fbem-26932	60	2	to	to	ADP
fbem-26932	60	3	the	the	DET
fbem-26932	60	4	variance	variance	NOUN
fbem-26932	60	5	contribution	contribution	NOUN
fbem-26932	60	6	rate	rate	NOUN
fbem-26932	60	7	of	of	ADP
fbem-26932	60	8	each	each	DET
fbem-26932	60	9	principal	principal	ADJ
fbem-26932	60	10	component	component	NOUN
fbem-26932	60	11	as	as	ADP
fbem-26932	60	12	the	the	DET
fbem-26932	60	13	weight	weight	NOUN
fbem-26932	60	14	,	,	PUNCT
fbem-26932	60	15	the	the	DET
fbem-26932	60	16	comprehensive	comprehensive	ADJ
fbem-26932	60	17	risk	risk	NOUN
fbem-26932	60	18	index	index	NOUN
fbem-26932	60	19	at	at	ADP
fbem-26932	60	20	each	each	DET
fbem-26932	60	21	time	time	NOUN
fbem-26932	60	22	point	point	NOUN
fbem-26932	60	23	is	be	AUX
fbem-26932	60	24	obtained	obtain	VERB
fbem-26932	60	25	by	by	ADP
fbem-26932	60	26	weighted	weighted	ADJ
fbem-26932	60	27	summation	summation	NOUN
fbem-26932	60	28	.	.	PUNCT
fbem-26932	61	1	after	after	ADP
fbem-26932	61	2	obtaining	obtain	VERB
fbem-26932	61	3	the	the	DET
fbem-26932	61	4	risk	risk	NOUN
fbem-26932	61	5	indexes	index	NOUN
fbem-26932	61	6	of	of	ADP
fbem-26932	61	7	each	each	DET
fbem-26932	61	8	dimension	dimension	NOUN
fbem-26932	61	9	,	,	PUNCT
fbem-26932	61	10	the	the	DET
fbem-26932	61	11	financial	financial	ADJ
fbem-26932	61	12	stress	stress	NOUN
fbem-26932	61	13	index	index	NOUN
fbem-26932	61	14	is	be	AUX
fbem-26932	61	15	further	far	ADV
fbem-26932	61	16	constructed	construct	VERB
fbem-26932	61	17	.	.	PUNCT
fbem-26932	62	1	the	the	DET
fbem-26932	62	2	risk	risk	NOUN
fbem-26932	62	3	indexes	index	NOUN
fbem-26932	62	4	of	of	ADP
fbem-26932	62	5	each	each	DET
fbem-26932	62	6	dimension	dimension	NOUN
fbem-26932	62	7	are	be	AUX
fbem-26932	62	8	averaged	average	VERB
fbem-26932	62	9	with	with	ADP
fbem-26932	62	10	equal	equal	ADJ
fbem-26932	62	11	weight	weight	NOUN
fbem-26932	62	12	,	,	PUNCT
fbem-26932	62	13	but	but	CCONJ
fbem-26932	62	14	considering	consider	VERB
fbem-26932	62	15	that	that	SCONJ
fbem-26932	62	16	different	different	ADJ
fbem-26932	62	17	dimensions	dimension	NOUN
fbem-26932	62	18	of	of	ADP
fbem-26932	62	19	risks	risk	NOUN
fbem-26932	62	20	may	may	AUX
fbem-26932	62	21	have	have	VERB
fbem-26932	62	22	different	different	ADJ
fbem-26932	62	23	effects	effect	NOUN
fbem-26932	62	24	on	on	ADP
fbem-26932	62	25	financial	financial	ADJ
fbem-26932	62	26	stability	stability	NOUN
fbem-26932	62	27	,	,	PUNCT
fbem-26932	62	28	the	the	DET
fbem-26932	62	29	weighted	weighted	ADJ
fbem-26932	62	30	average	average	ADJ
fbem-26932	62	31	method	method	NOUN
fbem-26932	62	32	can	can	AUX
fbem-26932	62	33	also	also	ADV
fbem-26932	62	34	be	be	AUX
fbem-26932	62	35	adopted	adopt	VERB
fbem-26932	62	36	.	.	PUNCT
fbem-26932	63	1	the	the	DET
fbem-26932	63	2	calculation	calculation	NOUN
fbem-26932	63	3	formula	formula	NOUN
fbem-26932	63	4	of	of	ADP
fbem-26932	63	5	weighted	weight	VERB
fbem-26932	63	6	average	average	ADJ
fbem-26932	63	7	method	method	NOUN
fbem-26932	63	8	is	be	AUX
fbem-26932	63	9	as	as	SCONJ
fbem-26932	63	10	follows	follow	VERB
fbem-26932	63	11	:	:	PUNCT
fbem-26932	63	12			X
fbem-26932	64	1	=	=	PUNCT
fbem-26932	64	2	=	=	PROPN
fbem-26932	65	1	k	k	NOUN
fbem-26932	65	2	i	i	PRON
fbem-26932	65	3	t	t	PROPN
fbem-26932	65	4	iit	iit	PROPN
fbem-26932	65	5	riwfsi	riwfsi	PROPN
fbem-26932	65	6	1	1	NUM
fbem-26932	65	7	(	(	PUNCT
fbem-26932	65	8	1	1	NUM
fbem-26932	65	9	)	)	PUNCT
fbem-26932	65	10	among	among	ADP
fbem-26932	65	11	them	they	PRON
fbem-26932	65	12	,	,	PUNCT
fbem-26932	65	13	tfsi	tfsi	PROPN
fbem-26932	65	14	represents	represent	VERB
fbem-26932	65	15	the	the	DET
fbem-26932	65	16	financial	financial	ADJ
fbem-26932	65	17	stress	stress	NOUN
fbem-26932	65	18	index	index	NOUN
fbem-26932	65	19	at	at	ADP
fbem-26932	65	20	the	the	DET
fbem-26932	65	21	t	t	PROPN
fbem-26932	65	22	th	th	NUM
fbem-26932	65	23	time	time	NOUN
fbem-26932	65	24	point	point	NOUN
fbem-26932	65	25	;	;	PUNCT
fbem-26932	65	26	t	t	X
fbem-26932	65	27	i	i	PRON
fbem-26932	65	28	ri	ri	PROPN
fbem-26932	65	29	represents	represent	VERB
fbem-26932	65	30	the	the	DET
fbem-26932	65	31	risk	risk	NOUN
fbem-26932	65	32	index	index	NOUN
fbem-26932	65	33	of	of	ADP
fbem-26932	65	34	the	the	DET
fbem-26932	65	35	t	t	PROPN
fbem-26932	65	36	th	th	NUM
fbem-26932	65	37	time	time	NOUN
fbem-26932	65	38	point	point	NOUN
fbem-26932	65	39	and	and	CCONJ
fbem-26932	65	40	i	i	PRON
fbem-26932	65	41	th	th	NOUN
fbem-26932	65	42	dimension	dimension	NOUN
fbem-26932	65	43	;	;	PUNCT
fbem-26932	65	44	iw	iw	PRON
fbem-26932	65	45	represents	represent	VERB
fbem-26932	65	46	the	the	DET
fbem-26932	65	47	weight	weight	NOUN
fbem-26932	65	48	294	294	NUM
fbem-26932	65	49	of	of	ADP
fbem-26932	65	50	the	the	DET
fbem-26932	65	51	i	i	PROPN
fbem-26932	65	52	th	th	X
fbem-26932	65	53	dimension	dimension	NOUN
fbem-26932	65	54	risk	risk	NOUN
fbem-26932	65	55	,	,	PUNCT
fbem-26932	65	56	satisfying	satisfy	VERB
fbem-26932	65	57			X
fbem-26932	65	58	=	=	PUNCT
fbem-26932	66	1	=	=	SYM
fbem-26932	66	2	k	k	PROPN
fbem-26932	67	1	i	i	PRON
fbem-26932	67	2	i	i	PRON
fbem-26932	67	3	w	w	VERB
fbem-26932	67	4	1	1	NUM
fbem-26932	67	5	1	1	NUM
fbem-26932	67	6	.	.	PUNCT
fbem-26932	68	1	4	4	X
fbem-26932	68	2	.	.	X
fbem-26932	68	3	empirical	empirical	ADJ
fbem-26932	68	4	analysis	analysis	NOUN
fbem-26932	68	5	4.1	4.1	NUM
fbem-26932	68	6	.	.	PUNCT
fbem-26932	69	1	model	model	NOUN
fbem-26932	69	2	setting	setting	NOUN
fbem-26932	69	3	in	in	ADP
fbem-26932	69	4	the	the	DET
fbem-26932	69	5	previous	previous	ADJ
fbem-26932	69	6	research	research	NOUN
fbem-26932	69	7	,	,	PUNCT
fbem-26932	69	8	a	a	DET
fbem-26932	69	9	financial	financial	ADJ
fbem-26932	69	10	stress	stress	NOUN
fbem-26932	69	11	index	index	NOUN
fbem-26932	69	12	has	have	AUX
fbem-26932	69	13	been	be	AUX
fbem-26932	69	14	constructed	construct	VERB
fbem-26932	69	15	,	,	PUNCT
fbem-26932	69	16	which	which	PRON
fbem-26932	69	17	can	can	AUX
fbem-26932	69	18	comprehensively	comprehensively	ADV
fbem-26932	69	19	reflect	reflect	VERB
fbem-26932	69	20	the	the	DET
fbem-26932	69	21	dynamic	dynamic	ADJ
fbem-26932	69	22	changes	change	NOUN
fbem-26932	69	23	of	of	ADP
fbem-26932	69	24	systemic	systemic	ADJ
fbem-26932	69	25	financial	financial	ADJ
fbem-26932	69	26	risks	risk	NOUN
fbem-26932	69	27	.	.	PUNCT
fbem-26932	70	1	next	next	ADV
fbem-26932	70	2	,	,	PUNCT
fbem-26932	70	3	this	this	DET
fbem-26932	70	4	index	index	NOUN
fbem-26932	70	5	is	be	AUX
fbem-26932	70	6	used	use	VERB
fbem-26932	70	7	to	to	PART
fbem-26932	70	8	identify	identify	VERB
fbem-26932	70	9	and	and	CCONJ
fbem-26932	70	10	predict	predict	VERB
fbem-26932	70	11	the	the	DET
fbem-26932	70	12	systemic	systemic	ADJ
fbem-26932	70	13	risk	risk	NOUN
fbem-26932	70	14	state	state	NOUN
fbem-26932	70	15	through	through	ADP
fbem-26932	70	16	mrsm	mrsm	PROPN
fbem-26932	70	17	.	.	PUNCT
fbem-26932	71	1	mrsm	mrsm	PROPN
fbem-26932	71	2	can	can	AUX
fbem-26932	71	3	capture	capture	VERB
fbem-26932	71	4	the	the	DET
fbem-26932	71	5	structural	structural	ADJ
fbem-26932	71	6	changes	change	NOUN
fbem-26932	71	7	in	in	ADP
fbem-26932	71	8	time	time	NOUN
fbem-26932	71	9	series	series	PROPN
fbem-26932	71	10	data	datum	NOUN
fbem-26932	71	11	and	and	CCONJ
fbem-26932	71	12	predict	predict	VERB
fbem-26932	71	13	the	the	DET
fbem-26932	71	14	future	future	ADJ
fbem-26932	71	15	state	state	NOUN
fbem-26932	71	16	according	accord	VERB
fbem-26932	71	17	to	to	ADP
fbem-26932	71	18	historical	historical	ADJ
fbem-26932	71	19	information	information	NOUN
fbem-26932	71	20	,	,	PUNCT
fbem-26932	71	21	which	which	PRON
fbem-26932	71	22	is	be	AUX
fbem-26932	71	23	very	very	ADV
fbem-26932	71	24	suitable	suitable	ADJ
fbem-26932	71	25	for	for	ADP
fbem-26932	71	26	early	early	ADJ
fbem-26932	71	27	warning	warning	NOUN
fbem-26932	71	28	analysis	analysis	NOUN
fbem-26932	71	29	of	of	ADP
fbem-26932	71	30	financial	financial	ADJ
fbem-26932	71	31	risks	risk	NOUN
fbem-26932	71	32	.	.	PUNCT
fbem-26932	72	1	let	let	VERB
fbem-26932	72	2	the	the	DET
fbem-26932	72	3	financial	financial	ADJ
fbem-26932	72	4	stress	stress	NOUN
fbem-26932	72	5	index	index	NOUN
fbem-26932	72	6	be	be	AUX
fbem-26932	72	7	tfsi	tfsi	PROPN
fbem-26932	72	8	,	,	PUNCT
fbem-26932	72	9	where	where	SCONJ
fbem-26932	72	10	t	t	PROPN
fbem-26932	72	11	represents	represent	VERB
fbem-26932	72	12	the	the	DET
fbem-26932	72	13	time	time	NOUN
fbem-26932	72	14	point	point	NOUN
fbem-26932	72	15	.	.	PUNCT
fbem-26932	73	1	it	it	PRON
fbem-26932	73	2	is	be	AUX
fbem-26932	73	3	assumed	assume	VERB
fbem-26932	73	4	that	that	SCONJ
fbem-26932	73	5	the	the	DET
fbem-26932	73	6	change	change	NOUN
fbem-26932	73	7	of	of	ADP
fbem-26932	73	8	t	t	PROPN
fbem-26932	73	9	fsi	fsi	PROPN
fbem-26932	73	10	is	be	AUX
fbem-26932	73	11	influenced	influence	VERB
fbem-26932	73	12	by	by	ADP
fbem-26932	73	13	two	two	NUM
fbem-26932	73	14	unobservable	unobservable	ADJ
fbem-26932	73	15	states	state	NOUN
fbem-26932	73	16	,	,	PUNCT
fbem-26932	73	17	namely	namely	ADV
fbem-26932	73	18	,	,	PUNCT
fbem-26932	73	19	state	state	NOUN
fbem-26932	73	20	1	1	NUM
fbem-26932	73	21	(	(	PUNCT
fbem-26932	73	22	low	low	ADJ
fbem-26932	73	23	risk	risk	NOUN
fbem-26932	73	24	state	state	NOUN
fbem-26932	73	25	)	)	PUNCT
fbem-26932	73	26	and	and	CCONJ
fbem-26932	73	27	state	state	NOUN
fbem-26932	73	28	2	2	NUM
fbem-26932	73	29	(	(	PUNCT
fbem-26932	73	30	high	high	ADJ
fbem-26932	73	31	risk	risk	NOUN
fbem-26932	73	32	state	state	NOUN
fbem-26932	73	33	)	)	PUNCT
fbem-26932	73	34	.	.	PUNCT
fbem-26932	74	1	mrsm	mrsm	NOUN
fbem-26932	74	2	can	can	AUX
fbem-26932	74	3	be	be	AUX
fbem-26932	74	4	expressed	express	VERB
fbem-26932	74	5	as	as	ADP
fbem-26932	74	6	:	:	PUNCT
fbem-26932	74	7	ttt	ttt	AUX
fbem-26932	74	8	sfsi	sfsi	NOUN
fbem-26932	74	9			VERB
fbem-26932	75	1	+	+	PROPN
fbem-26932	75	2	=	=	X
fbem-26932	75	3	(	(	PUNCT
fbem-26932	75	4	2	2	NUM
fbem-26932	75	5	)	)	PUNCT
fbem-26932	75	6	where	where	SCONJ
fbem-26932	75	7	ts	ts	ADV
fbem-26932	75	8	represents	represent	VERB
fbem-26932	75	9	the	the	DET
fbem-26932	75	10	state	state	NOUN
fbem-26932	75	11	(	(	PUNCT
fbem-26932	75	12	1	1	NUM
fbem-26932	75	13	=	=	NOUN
fbem-26932	75	14	ts	ts	ADP
fbem-26932	75	15	or	or	CCONJ
fbem-26932	75	16	2	2	NUM
fbem-26932	75	17	=	=	NUM
fbem-26932	75	18	ts	ts	NOUN
fbem-26932	75	19	)	)	PUNCT
fbem-26932	75	20	where	where	SCONJ
fbem-26932	75	21	t	t	PROPN
fbem-26932	75	22	is	be	AUX
fbem-26932	75	23	at	at	ADP
fbem-26932	75	24	the	the	DET
fbem-26932	75	25	time	time	NOUN
fbem-26932	75	26	point	point	NOUN
fbem-26932	75	27	,	,	PUNCT
fbem-26932	75	28	ts	ts	NOUN
fbem-26932	75	29	represents	represent	VERB
fbem-26932	75	30	the	the	DET
fbem-26932	75	31	mean	mean	ADJ
fbem-26932	75	32	value	value	NOUN
fbem-26932	75	33	of	of	ADP
fbem-26932	75	34	tfsi	tfsi	PROPN
fbem-26932	75	35	under	under	ADP
fbem-26932	75	36	the	the	DET
fbem-26932	75	37	state	state	NOUN
fbem-26932	75	38	ts	ts	ADV
fbem-26932	75	39	,	,	PUNCT
fbem-26932	75	40	and	and	CCONJ
fbem-26932	75	41	t	t	PROPN
fbem-26932	75	42	is	be	AUX
fbem-26932	75	43	the	the	DET
fbem-26932	75	44	error	error	NOUN
fbem-26932	75	45	term	term	NOUN
fbem-26932	75	46	.	.	PUNCT
fbem-26932	76	1	the	the	DET
fbem-26932	76	2	state	state	NOUN
fbem-26932	76	3	transition	transition	NOUN
fbem-26932	76	4	probability	probability	NOUN
fbem-26932	76	5	matrix	matrix	NOUN
fbem-26932	76	6	p	p	NOUN
fbem-26932	76	7	is	be	AUX
fbem-26932	76	8	defined	define	VERB
fbem-26932	76	9	as	as	ADP
fbem-26932	76	10	:	:	PUNCT
fbem-26932	76	11			PROPN
fbem-26932	76	12			PROPN
fbem-26932	76	13			X
fbem-26932	76	14			NOUN
fbem-26932	76	15			VERB
fbem-26932	76	16			PROPN
fbem-26932	76	17	=	=	SYM
fbem-26932	76	18	2221	2221	NUM
fbem-26932	76	19	1211	1211	NUM
fbem-26932	77	1	pp	pp	ADP
fbem-26932	77	2	pp	pp	ADP
fbem-26932	77	3	p	p	X
fbem-26932	77	4	(	(	PUNCT
fbem-26932	77	5	3	3	NUM
fbem-26932	77	6	)	)	PUNCT
fbem-26932	77	7	where	where	SCONJ
fbem-26932	77	8	ijp	ijp	NOUN
fbem-26932	77	9	represents	represent	VERB
fbem-26932	77	10	the	the	DET
fbem-26932	77	11	probability	probability	NOUN
fbem-26932	77	12	of	of	ADP
fbem-26932	77	13	transition	transition	NOUN
fbem-26932	77	14	from	from	ADP
fbem-26932	77	15	state	state	NOUN
fbem-26932	77	16	i	i	PRON
fbem-26932	77	17	to	to	ADP
fbem-26932	77	18	state	state	PROPN
fbem-26932	77	19	j	j	PROPN
fbem-26932	77	20	,	,	PUNCT
fbem-26932	77	21	and	and	CCONJ
fbem-26932	77	22	satisfies	satisfy	VERB
fbem-26932	77	23			X
fbem-26932	78	1	=	=	PUNCT
fbem-26932	78	2	j	j	PROPN
fbem-26932	78	3	ij	ij	INTJ
fbem-26932	78	4	p	p	NOUN
fbem-26932	78	5	1	1	NUM
fbem-26932	78	6	.	.	PUNCT
fbem-26932	79	1	4.2	4.2	NUM
fbem-26932	79	2	.	.	PUNCT
fbem-26932	80	1	data	datum	NOUN
fbem-26932	80	2	source	source	NOUN
fbem-26932	80	3	collected	collect	VERB
fbem-26932	80	4	data	datum	NOUN
fbem-26932	80	5	includes	include	VERB
fbem-26932	80	6	macroeconomic	macroeconomic	ADJ
fbem-26932	80	7	data	datum	NOUN
fbem-26932	80	8	,	,	PUNCT
fbem-26932	80	9	financial	financial	ADJ
fbem-26932	80	10	market	market	NOUN
fbem-26932	80	11	data	datum	NOUN
fbem-26932	80	12	,	,	PUNCT
fbem-26932	80	13	and	and	CCONJ
fbem-26932	80	14	financial	financial	ADJ
fbem-26932	80	15	institution	institution	NOUN
fbem-26932	80	16	data	datum	NOUN
fbem-26932	80	17	.	.	PUNCT
fbem-26932	81	1	macroeconomic	macroeconomic	ADJ
fbem-26932	81	2	data	datum	NOUN
fbem-26932	81	3	comes	come	VERB
fbem-26932	81	4	from	from	ADP
fbem-26932	81	5	the	the	DET
fbem-26932	81	6	world	world	PROPN
fbem-26932	81	7	bank	bank	PROPN
fbem-26932	81	8	,	,	PUNCT
fbem-26932	81	9	the	the	DET
fbem-26932	81	10	international	international	ADJ
fbem-26932	81	11	monetary	monetary	ADJ
fbem-26932	81	12	fund	fund	NOUN
fbem-26932	81	13	(	(	PUNCT
fbem-26932	81	14	imf	imf	PROPN
fbem-26932	81	15	)	)	PUNCT
fbem-26932	81	16	,	,	PUNCT
fbem-26932	81	17	and	and	CCONJ
fbem-26932	81	18	statistical	statistical	ADJ
fbem-26932	81	19	bureaus	bureaus	NOUN
fbem-26932	81	20	of	of	ADP
fbem-26932	81	21	various	various	ADJ
fbem-26932	81	22	countries	country	NOUN
fbem-26932	81	23	,	,	PUNCT
fbem-26932	81	24	such	such	ADJ
fbem-26932	81	25	as	as	ADP
fbem-26932	81	26	the	the	DET
fbem-26932	81	27	national	national	PROPN
fbem-26932	81	28	bureau	bureau	PROPN
fbem-26932	81	29	of	of	ADP
fbem-26932	81	30	statistics	statistic	NOUN
fbem-26932	81	31	of	of	ADP
fbem-26932	81	32	china	china	PROPN
fbem-26932	81	33	,	,	PUNCT
fbem-26932	81	34	covering	cover	VERB
fbem-26932	81	35	gdp	gdp	NOUN
fbem-26932	81	36	growth	growth	NOUN
fbem-26932	81	37	rates	rate	NOUN
fbem-26932	81	38	,	,	PUNCT
fbem-26932	81	39	unemployment	unemployment	NOUN
fbem-26932	81	40	rates	rate	NOUN
fbem-26932	81	41	,	,	PUNCT
fbem-26932	81	42	inflation	inflation	NOUN
fbem-26932	81	43	rates	rate	NOUN
fbem-26932	81	44	,	,	PUNCT
fbem-26932	81	45	and	and	CCONJ
fbem-26932	81	46	interest	interest	NOUN
fbem-26932	81	47	rates	rate	NOUN
fbem-26932	81	48	for	for	ADP
fbem-26932	81	49	four	four	NUM
fbem-26932	81	50	quarters	quarter	NOUN
fbem-26932	81	51	each	each	DET
fbem-26932	81	52	year	year	NOUN
fbem-26932	81	53	from	from	ADP
fbem-26932	81	54	2010	2010	NUM
fbem-26932	81	55	to	to	ADP
fbem-26932	81	56	2020	2020	NUM
fbem-26932	81	57	;	;	PUNCT
fbem-26932	81	58	financial	financial	ADJ
fbem-26932	81	59	market	market	NOUN
fbem-26932	81	60	data	datum	NOUN
fbem-26932	81	61	is	be	AUX
fbem-26932	81	62	obtained	obtain	VERB
fbem-26932	81	63	from	from	ADP
fbem-26932	81	64	major	major	ADJ
fbem-26932	81	65	global	global	ADJ
fbem-26932	81	66	financial	financial	ADJ
fbem-26932	81	67	exchanges	exchange	NOUN
fbem-26932	81	68	,	,	PUNCT
fbem-26932	81	69	such	such	ADJ
fbem-26932	81	70	as	as	ADP
fbem-26932	81	71	the	the	DET
fbem-26932	81	72	new	new	PROPN
fbem-26932	81	73	york	york	PROPN
fbem-26932	81	74	stock	stock	PROPN
fbem-26932	81	75	exchange	exchange	PROPN
fbem-26932	81	76	,	,	PUNCT
fbem-26932	81	77	the	the	DET
fbem-26932	81	78	shanghai	shanghai	PROPN
fbem-26932	81	79	stock	stock	PROPN
fbem-26932	81	80	exchange	exchange	PROPN
fbem-26932	81	81	,	,	PUNCT
fbem-26932	81	82	and	and	CCONJ
fbem-26932	81	83	the	the	DET
fbem-26932	81	84	hong	hong	PROPN
fbem-26932	81	85	kong	kong	PROPN
fbem-26932	81	86	stock	stock	PROPN
fbem-26932	81	87	exchange	exchange	PROPN
fbem-26932	81	88	,	,	PUNCT
fbem-26932	81	89	including	include	VERB
fbem-26932	81	90	daily	daily	ADJ
fbem-26932	81	91	frequency	frequency	NOUN
fbem-26932	81	92	stock	stock	NOUN
fbem-26932	81	93	indexes	index	NOUN
fbem-26932	81	94	,	,	PUNCT
fbem-26932	81	95	bond	bond	NOUN
fbem-26932	81	96	yields	yield	NOUN
fbem-26932	81	97	,	,	PUNCT
fbem-26932	81	98	exchange	exchange	NOUN
fbem-26932	81	99	rates	rate	NOUN
fbem-26932	81	100	,	,	PUNCT
fbem-26932	81	101	and	and	CCONJ
fbem-26932	81	102	commodity	commodity	NOUN
fbem-26932	81	103	prices	price	NOUN
fbem-26932	81	104	from	from	ADP
fbem-26932	81	105	2010	2010	NUM
fbem-26932	81	106	to	to	ADP
fbem-26932	81	107	2020	2020	NUM
fbem-26932	81	108	;	;	PUNCT
fbem-26932	81	109	in	in	ADP
fbem-26932	81	110	addition	addition	NOUN
fbem-26932	81	111	,	,	PUNCT
fbem-26932	81	112	quarterly	quarterly	ADJ
fbem-26932	81	113	financial	financial	ADJ
fbem-26932	81	114	statements	statement	NOUN
fbem-26932	81	115	of	of	ADP
fbem-26932	81	116	major	major	ADJ
fbem-26932	81	117	global	global	ADJ
fbem-26932	81	118	banks	bank	NOUN
fbem-26932	81	119	and	and	CCONJ
fbem-26932	81	120	financial	financial	ADJ
fbem-26932	81	121	institutions	institution	NOUN
fbem-26932	81	122	were	be	AUX
fbem-26932	81	123	collected	collect	VERB
fbem-26932	81	124	,	,	PUNCT
fbem-26932	81	125	including	include	VERB
fbem-26932	81	126	assets	asset	NOUN
fbem-26932	81	127	,	,	PUNCT
fbem-26932	81	128	liabilities	liability	NOUN
fbem-26932	81	129	,	,	PUNCT
fbem-26932	81	130	loan	loan	NOUN
fbem-26932	81	131	quality	quality	NOUN
fbem-26932	81	132	,	,	PUNCT
fbem-26932	81	133	etc	etc	X
fbem-26932	81	134	.	.	X
fbem-26932	81	135	,	,	PUNCT
fbem-26932	81	136	and	and	CCONJ
fbem-26932	81	137	combined	combine	VERB
fbem-26932	81	138	with	with	ADP
fbem-26932	81	139	rating	rating	NOUN
fbem-26932	81	140	data	datum	NOUN
fbem-26932	81	141	from	from	ADP
fbem-26932	81	142	credit	credit	NOUN
fbem-26932	81	143	rating	rating	NOUN
fbem-26932	81	144	agencies	agency	NOUN
fbem-26932	81	145	moody	moody	NOUN
fbem-26932	81	146	's	's	PART
fbem-26932	81	147	and	and	CCONJ
fbem-26932	81	148	s&p	s&p	PROPN
fbem-26932	81	149	.	.	PUNCT
fbem-26932	82	1	the	the	DET
fbem-26932	82	2	sample	sample	NOUN
fbem-26932	82	3	covers	cover	VERB
fbem-26932	82	4	100	100	NUM
fbem-26932	82	5	globally	globally	ADV
fbem-26932	82	6	systemically	systemically	ADV
fbem-26932	82	7	important	important	ADJ
fbem-26932	82	8	banks	bank	NOUN
fbem-26932	82	9	,	,	PUNCT
fbem-26932	82	10	with	with	ADP
fbem-26932	82	11	the	the	DET
fbem-26932	82	12	time	time	NOUN
fbem-26932	82	13	span	span	NOUN
fbem-26932	82	14	also	also	ADV
fbem-26932	82	15	being	be	AUX
fbem-26932	82	16	from	from	ADP
fbem-26932	82	17	2010	2010	NUM
fbem-26932	82	18	to	to	ADP
fbem-26932	82	19	2020	2020	NUM
fbem-26932	82	20	.	.	PUNCT
fbem-26932	83	1	4.3	4.3	NUM
fbem-26932	83	2	.	.	PUNCT
fbem-26932	83	3	model	model	PROPN
fbem-26932	83	4	fitting	fitting	ADJ
fbem-26932	83	5	effect	effect	NOUN
fbem-26932	83	6	the	the	DET
fbem-26932	83	7	model	model	NOUN
fbem-26932	83	8	shows	show	VERB
fbem-26932	83	9	that	that	SCONJ
fbem-26932	83	10	the	the	DET
fbem-26932	83	11	intercept	intercept	NOUN
fbem-26932	83	12	terms	term	NOUN
fbem-26932	83	13	of	of	ADP
fbem-26932	83	14	the	the	DET
fbem-26932	83	15	financial	financial	ADJ
fbem-26932	83	16	stress	stress	NOUN
fbem-26932	83	17	index	index	NOUN
fbem-26932	83	18	are	be	AUX
fbem-26932	83	19	436	436	NUM
fbem-26932	83	20	and	and	CCONJ
fbem-26932	83	21	1.778	1.778	NUM
fbem-26932	83	22	in	in	ADP
fbem-26932	83	23	the	the	DET
fbem-26932	83	24	low	low	ADJ
fbem-26932	83	25	-	-	PUNCT
fbem-26932	83	26	risk	risk	NOUN
fbem-26932	83	27	state	state	NOUN
fbem-26932	83	28	and	and	CCONJ
fbem-26932	83	29	highrisk	highrisk	NOUN
fbem-26932	83	30	state	state	NOUN
fbem-26932	83	31	,	,	PUNCT
fbem-26932	83	32	respectively	respectively	ADV
fbem-26932	83	33	,	,	PUNCT
fbem-26932	83	34	which	which	PRON
fbem-26932	83	35	is	be	AUX
fbem-26932	83	36	in	in	ADP
fbem-26932	83	37	line	line	NOUN
fbem-26932	83	38	with	with	ADP
fbem-26932	83	39	the	the	DET
fbem-26932	83	40	situation	situation	NOUN
fbem-26932	83	41	that	that	SCONJ
fbem-26932	83	42	the	the	DET
fbem-26932	83	43	expected	expect	VERB
fbem-26932	83	44	high	high	ADJ
fbem-26932	83	45	-	-	PUNCT
fbem-26932	83	46	risk	risk	NOUN
fbem-26932	83	47	state	state	NOUN
fbem-26932	83	48	has	have	VERB
fbem-26932	83	49	a	a	DET
fbem-26932	83	50	higher	high	ADJ
fbem-26932	83	51	benchmark	benchmark	NOUN
fbem-26932	83	52	level	level	NOUN
fbem-26932	83	53	.	.	PUNCT
fbem-26932	84	1	the	the	DET
fbem-26932	84	2	coefficient	coefficient	NOUN
fbem-26932	84	3	of	of	ADP
fbem-26932	84	4	gdp	gdp	NOUN
fbem-26932	84	5	growth	growth	NOUN
fbem-26932	84	6	rate	rate	NOUN
fbem-26932	84	7	of	of	ADP
fbem-26932	84	8	0.254	0.254	NUM
fbem-26932	84	9	indicates	indicate	VERB
fbem-26932	84	10	that	that	SCONJ
fbem-26932	84	11	economic	economic	ADJ
fbem-26932	84	12	growth	growth	NOUN
fbem-26932	84	13	is	be	AUX
fbem-26932	84	14	positively	positively	ADV
fbem-26932	84	15	correlated	correlate	VERB
fbem-26932	84	16	with	with	ADP
fbem-26932	84	17	financial	financial	ADJ
fbem-26932	84	18	pressure	pressure	NOUN
fbem-26932	84	19	;	;	PUNCT
fbem-26932	84	20	the	the	DET
fbem-26932	84	21	unemployment	unemployment	NOUN
fbem-26932	84	22	rate	rate	NOUN
fbem-26932	84	23	coefficient	coefficient	NOUN
fbem-26932	84	24	of	of	ADP
fbem-26932	84	25	-0.6538	-0.6538	NOUN
fbem-26932	84	26	indicates	indicate	VERB
fbem-26932	84	27	that	that	SCONJ
fbem-26932	84	28	it	it	PRON
fbem-26932	84	29	is	be	AUX
fbem-26932	84	30	negatively	negatively	ADV
fbem-26932	84	31	related	relate	VERB
fbem-26932	84	32	to	to	ADP
fbem-26932	84	33	financial	financial	ADJ
fbem-26932	84	34	pressure	pressure	NOUN
fbem-26932	84	35	,	,	PUNCT
fbem-26932	84	36	that	that	ADV
fbem-26932	84	37	is	is	ADV
fbem-26932	84	38	,	,	PUNCT
fbem-26932	84	39	an	an	DET
fbem-26932	84	40	increase	increase	NOUN
fbem-26932	84	41	in	in	ADP
fbem-26932	84	42	unemployment	unemployment	NOUN
fbem-26932	84	43	rate	rate	NOUN
fbem-26932	84	44	may	may	AUX
fbem-26932	84	45	lead	lead	VERB
fbem-26932	84	46	to	to	ADP
fbem-26932	84	47	a	a	DET
fbem-26932	84	48	decrease	decrease	NOUN
fbem-26932	84	49	in	in	ADP
fbem-26932	84	50	financial	financial	ADJ
fbem-26932	84	51	pressure	pressure	NOUN
fbem-26932	84	52	.	.	PUNCT
fbem-26932	85	1	the	the	DET
fbem-26932	85	2	inflation	inflation	NOUN
fbem-26932	85	3	rate	rate	NOUN
fbem-26932	85	4	coefficient	coefficient	NOUN
fbem-26932	85	5	of	of	ADP
fbem-26932	85	6	0.101	0.101	NUM
fbem-26932	85	7	and	and	CCONJ
fbem-26932	85	8	the	the	DET
fbem-26932	85	9	interest	interest	NOUN
fbem-26932	85	10	rate	rate	NOUN
fbem-26932	85	11	coefficient	coefficient	NOUN
fbem-26932	85	12	of	of	ADP
fbem-26932	85	13	-0.363	-0.363	PUNCT
fbem-26932	85	14	suggest	suggest	VERB
fbem-26932	85	15	that	that	SCONJ
fbem-26932	85	16	the	the	DET
fbem-26932	85	17	intensification	intensification	NOUN
fbem-26932	85	18	of	of	ADP
fbem-26932	85	19	inflation	inflation	NOUN
fbem-26932	85	20	may	may	AUX
fbem-26932	85	21	increase	increase	VERB
fbem-26932	85	22	financial	financial	ADJ
fbem-26932	85	23	pressure	pressure	NOUN
fbem-26932	85	24	,	,	PUNCT
fbem-26932	85	25	while	while	SCONJ
fbem-26932	85	26	the	the	DET
fbem-26932	85	27	increase	increase	NOUN
fbem-26932	85	28	of	of	ADP
fbem-26932	85	29	interest	interest	NOUN
fbem-26932	85	30	rate	rate	NOUN
fbem-26932	85	31	may	may	AUX
fbem-26932	85	32	help	help	VERB
fbem-26932	85	33	to	to	PART
fbem-26932	85	34	alleviate	alleviate	VERB
fbem-26932	85	35	the	the	DET
fbem-26932	85	36	pressure	pressure	NOUN
fbem-26932	85	37	.	.	PUNCT
fbem-26932	86	1	the	the	DET
fbem-26932	86	2	volatility	volatility	NOUN
fbem-26932	86	3	coefficient	coefficient	NOUN
fbem-26932	86	4	of	of	ADP
fbem-26932	86	5	stock	stock	NOUN
fbem-26932	86	6	index	index	NOUN
fbem-26932	86	7	is	be	AUX
fbem-26932	86	8	0.509	0.509	NUM
fbem-26932	86	9	,	,	PUNCT
fbem-26932	86	10	which	which	PRON
fbem-26932	86	11	reveals	reveal	VERB
fbem-26932	86	12	that	that	SCONJ
fbem-26932	86	13	the	the	DET
fbem-26932	86	14	increase	increase	NOUN
fbem-26932	86	15	of	of	ADP
fbem-26932	86	16	market	market	NOUN
fbem-26932	86	17	volatility	volatility	NOUN
fbem-26932	86	18	is	be	AUX
fbem-26932	86	19	related	relate	VERB
fbem-26932	86	20	to	to	ADP
fbem-26932	86	21	the	the	DET
fbem-26932	86	22	rise	rise	NOUN
fbem-26932	86	23	of	of	ADP
fbem-26932	86	24	financial	financial	ADJ
fbem-26932	86	25	pressure	pressure	NOUN
fbem-26932	86	26	.	.	PUNCT
fbem-26932	87	1	in	in	ADP
fbem-26932	87	2	addition	addition	NOUN
fbem-26932	87	3	,	,	PUNCT
fbem-26932	87	4	the	the	DET
fbem-26932	87	5	probability	probability	NOUN
fbem-26932	87	6	of	of	ADP
fbem-26932	87	7	state	state	NOUN
fbem-26932	87	8	transition	transition	NOUN
fbem-26932	87	9	shows	show	VERB
fbem-26932	87	10	that	that	SCONJ
fbem-26932	87	11	the	the	DET
fbem-26932	87	12	probability	probability	NOUN
fbem-26932	87	13	of	of	ADP
fbem-26932	87	14	changing	change	VERB
fbem-26932	87	15	from	from	ADP
fbem-26932	87	16	low	low	ADJ
fbem-26932	87	17	risk	risk	NOUN
fbem-26932	87	18	to	to	ADP
fbem-26932	87	19	high	high	ADJ
fbem-26932	87	20	risk	risk	NOUN
fbem-26932	87	21	is	be	AUX
fbem-26932	87	22	0.045	0.045	NUM
fbem-26932	87	23	,	,	PUNCT
fbem-26932	87	24	while	while	SCONJ
fbem-26932	87	25	the	the	DET
fbem-26932	87	26	probability	probability	NOUN
fbem-26932	87	27	of	of	ADP
fbem-26932	87	28	returning	return	VERB
fbem-26932	87	29	from	from	ADP
fbem-26932	87	30	high	high	ADJ
fbem-26932	87	31	risk	risk	NOUN
fbem-26932	87	32	to	to	ADP
fbem-26932	87	33	low	low	ADJ
fbem-26932	87	34	risk	risk	NOUN
fbem-26932	87	35	is	be	AUX
fbem-26932	87	36	0.201	0.201	NUM
fbem-26932	87	37	,	,	PUNCT
fbem-26932	87	38	suggesting	suggest	VERB
fbem-26932	87	39	that	that	SCONJ
fbem-26932	87	40	the	the	DET
fbem-26932	87	41	system	system	NOUN
fbem-26932	87	42	is	be	AUX
fbem-26932	87	43	more	more	ADV
fbem-26932	87	44	likely	likely	ADJ
fbem-26932	87	45	to	to	PART
fbem-26932	87	46	continue	continue	VERB
fbem-26932	87	47	once	once	SCONJ
fbem-26932	87	48	it	it	PRON
fbem-26932	87	49	falls	fall	VERB
fbem-26932	87	50	into	into	ADP
fbem-26932	87	51	a	a	DET
fbem-26932	87	52	high	high	ADJ
fbem-26932	87	53	risk	risk	NOUN
fbem-26932	87	54	state	state	NOUN
fbem-26932	87	55	.	.	PUNCT
fbem-26932	88	1	see	see	VERB
fbem-26932	88	2	table	table	NOUN
fbem-26932	88	3	2	2	NUM
fbem-26932	88	4	.	.	PUNCT
fbem-26932	88	5	table	table	NOUN
fbem-26932	88	6	2	2	NUM
fbem-26932	88	7	.	.	X
fbem-26932	88	8	mrsm	mrsm	NOUN
fbem-26932	88	9	fitting	fitting	ADJ
fbem-26932	88	10	and	and	CCONJ
fbem-26932	88	11	parameter	parameter	NOUN
fbem-26932	88	12	estimation	estimation	NOUN
fbem-26932	88	13	results	result	VERB
fbem-26932	88	14	parameters	parameter	NOUN
fbem-26932	88	15	/	/	SYM
fbem-26932	88	16	indicators	indicator	NOUN
fbem-26932	88	17	estimated	estimate	VERB
fbem-26932	88	18	value	value	NOUN
fbem-26932	88	19	standard	standard	NOUN
fbem-26932	88	20	error	error	NOUN
fbem-26932	88	21	t	t	NOUN
fbem-26932	88	22	statistics	statistic	NOUN
fbem-26932	88	23	p	p	NOUN
fbem-26932	88	24	value	value	NOUN
fbem-26932	88	25	interception	interception	NOUN
fbem-26932	88	26	term	term	NOUN
fbem-26932	88	27	(	(	PUNCT
fbem-26932	88	28	low	low	ADJ
fbem-26932	88	29	risk	risk	NOUN
fbem-26932	88	30	status	status	NOUN
fbem-26932	88	31	)	)	PUNCT
fbem-26932	88	32	0.436	0.436	NUM
fbem-26932	88	33	0.078	0.078	NUM
fbem-26932	88	34	5.846	5.846	NUM
fbem-26932	88	35	<	<	NOUN
fbem-26932	88	36	0.001	0.001	NUM
fbem-26932	88	37	interception	interception	NOUN
fbem-26932	88	38	item	item	NOUN
fbem-26932	88	39	(	(	PUNCT
fbem-26932	88	40	high	high	ADJ
fbem-26932	88	41	risk	risk	NOUN
fbem-26932	88	42	status	status	NOUN
fbem-26932	88	43	)	)	PUNCT
fbem-26932	88	44	1.778	1.778	NUM
fbem-26932	88	45	0.124	0.124	NUM
fbem-26932	88	46	14.545	14.545	NUM
fbem-26932	88	47	<	<	NOUN
fbem-26932	88	48	0.001	0.001	NUM
fbem-26932	88	49	gdp	gdp	NOUN
fbem-26932	88	50	growth	growth	NOUN
fbem-26932	88	51	rate	rate	NOUN
fbem-26932	88	52	coefficient	coefficient	VERB
fbem-26932	88	53	0.254	0.254	NUM
fbem-26932	88	54	0.046	0.046	NUM
fbem-26932	88	55	5.200	5.200	NUM
fbem-26932	88	56	<	<	NOUN
fbem-26932	88	57	0.001	0.001	NUM
fbem-26932	88	58	unemployment	unemployment	NOUN
fbem-26932	88	59	rate	rate	NOUN
fbem-26932	88	60	coefficient	coefficient	NOUN
fbem-26932	88	61	-0.653	-0.653	PUNCT
fbem-26932	88	62	0.090	0.090	NUM
fbem-26932	88	63	-7.533	-7.533	PUNCT
fbem-26932	88	64	<	<	X
fbem-26932	88	65	0.001	0.001	NUM
fbem-26932	88	66	inflation	inflation	NOUN
fbem-26932	88	67	rate	rate	NOUN
fbem-26932	88	68	coefficient	coefficient	NOUN
fbem-26932	88	69	0.101	0.101	NUM
fbem-26932	88	70	0.039	0.039	NUM
fbem-26932	88	71	3.156	3.156	NUM
fbem-26932	88	72	0.002	0.002	NUM
fbem-26932	88	73	interest	interest	NOUN
fbem-26932	88	74	rate	rate	NOUN
fbem-26932	88	75	coefficient	coefficient	NOUN
fbem-26932	88	76	-0.363	-0.363	PUNCT
fbem-26932	88	77	0.063	0.063	NUM
fbem-26932	88	78	-5.308	-5.308	PUNCT
fbem-26932	88	79	<	<	X
fbem-26932	88	80	0.001	0.001	NUM
fbem-26932	88	81	volatility	volatility	NOUN
fbem-26932	88	82	coefficient	coefficient	NOUN
fbem-26932	88	83	of	of	ADP
fbem-26932	88	84	stock	stock	NOUN
fbem-26932	88	85	index	index	NOUN
fbem-26932	88	86	0.509	0.509	NOUN
fbem-26932	88	87	0.112	0.112	NUM
fbem-26932	88	88	5.045	5.045	NUM
fbem-26932	88	89	<	<	NOUN
fbem-26932	88	90	0.001	0.001	NUM
fbem-26932	88	91	state	state	NOUN
fbem-26932	88	92	transition	transition	NOUN
fbem-26932	88	93	probability	probability	NOUN
fbem-26932	88	94	(	(	PUNCT
fbem-26932	88	95	low	low	ADJ
fbem-26932	88	96	risk	risk	NOUN
fbem-26932	88	97	to	to	ADP
fbem-26932	88	98	high	high	ADJ
fbem-26932	88	99	risk	risk	NOUN
fbem-26932	88	100	)	)	PUNCT
fbem-26932	88	101	0.045	0.045	NUM
fbem-26932	88	102	0.010	0.010	NUM
fbem-26932	88	103	4.500	4.500	NUM
fbem-26932	88	104	<	<	NOUN
fbem-26932	88	105	0.001	0.001	NUM
fbem-26932	88	106	state	state	NOUN
fbem-26932	88	107	transition	transition	NOUN
fbem-26932	88	108	probability	probability	NOUN
fbem-26932	88	109	(	(	PUNCT
fbem-26932	88	110	high	high	ADJ
fbem-26932	88	111	risk	risk	NOUN
fbem-26932	88	112	to	to	ADP
fbem-26932	88	113	low	low	ADJ
fbem-26932	88	114	risk	risk	NOUN
fbem-26932	88	115	)	)	PUNCT
fbem-26932	88	116	0.201	0.201	NUM
fbem-26932	88	117	0.035	0.035	NUM
fbem-26932	88	118	5.743	5.743	NUM
fbem-26932	88	119	<	<	NOUN
fbem-26932	88	120	0.001	0.001	NUM
fbem-26932	88	121	figure	figure	NOUN
fbem-26932	88	122	1	1	NUM
fbem-26932	88	123	shows	show	VERB
fbem-26932	88	124	the	the	DET
fbem-26932	88	125	trend	trend	NOUN
fbem-26932	88	126	of	of	ADP
fbem-26932	88	127	simulated	simulate	VERB
fbem-26932	88	128	financial	financial	ADJ
fbem-26932	88	129	stress	stress	NOUN
fbem-26932	88	130	index	index	NOUN
fbem-26932	88	131	(	(	PUNCT
fbem-26932	88	132	fsi	fsi	PROPN
fbem-26932	88	133	)	)	PUNCT
fbem-26932	88	134	changing	change	VERB
fbem-26932	88	135	with	with	ADP
fbem-26932	88	136	time	time	NOUN
fbem-26932	88	137	,	,	PUNCT
fbem-26932	88	138	and	and	CCONJ
fbem-26932	88	139	the	the	DET
fbem-26932	88	140	smooth	smooth	ADJ
fbem-26932	88	141	curve	curve	NOUN
fbem-26932	88	142	of	of	ADP
fbem-26932	88	143	transition	transition	NOUN
fbem-26932	88	144	probability	probability	NOUN
fbem-26932	88	145	of	of	ADP
fbem-26932	88	146	high	high	ADJ
fbem-26932	88	147	-	-	PUNCT
fbem-26932	88	148	risk	risk	NOUN
fbem-26932	88	149	state	state	NOUN
fbem-26932	88	150	calculated	calculate	VERB
fbem-26932	88	151	according	accord	VERB
fbem-26932	88	152	to	to	ADP
fbem-26932	88	153	fsi	fsi	PROPN
fbem-26932	88	154	.	.	PUNCT
fbem-26932	89	1	when	when	SCONJ
fbem-26932	89	2	the	the	DET
fbem-26932	89	3	fsi	fsi	PROPN
fbem-26932	89	4	value	value	NOUN
fbem-26932	89	5	is	be	AUX
fbem-26932	89	6	higher	high	ADJ
fbem-26932	89	7	than	than	ADP
fbem-26932	89	8	the	the	DET
fbem-26932	89	9	risk	risk	NOUN
fbem-26932	89	10	threshold	threshold	NOUN
fbem-26932	89	11	,	,	PUNCT
fbem-26932	89	12	the	the	DET
fbem-26932	89	13	probability	probability	NOUN
fbem-26932	89	14	of	of	ADP
fbem-26932	89	15	high	high	ADJ
fbem-26932	89	16	-	-	PUNCT
fbem-26932	89	17	risk	risk	NOUN
fbem-26932	89	18	state	state	NOUN
fbem-26932	89	19	increases	increase	NOUN
fbem-26932	89	20	,	,	PUNCT
fbem-26932	89	21	indicating	indicate	VERB
fbem-26932	89	22	that	that	SCONJ
fbem-26932	89	23	the	the	DET
fbem-26932	89	24	possibility	possibility	NOUN
fbem-26932	89	25	of	of	ADP
fbem-26932	89	26	financial	financial	ADJ
fbem-26932	89	27	market	market	NOUN
fbem-26932	89	28	being	be	AUX
fbem-26932	89	29	in	in	ADP
fbem-26932	89	30	high	high	ADJ
fbem-26932	89	31	-	-	PUNCT
fbem-26932	89	32	risk	risk	NOUN
fbem-26932	89	33	state	state	NOUN
fbem-26932	89	34	increases	increase	NOUN
fbem-26932	89	35	.	.	PUNCT
fbem-26932	90	1	on	on	ADP
fbem-26932	90	2	the	the	DET
fbem-26932	90	3	contrary	contrary	NOUN
fbem-26932	90	4	,	,	PUNCT
fbem-26932	90	5	when	when	SCONJ
fbem-26932	90	6	the	the	DET
fbem-26932	90	7	fsi	fsi	PROPN
fbem-26932	90	8	value	value	NOUN
fbem-26932	90	9	is	be	AUX
fbem-26932	90	10	lower	low	ADJ
fbem-26932	90	11	than	than	ADP
fbem-26932	90	12	the	the	DET
fbem-26932	90	13	risk	risk	NOUN
fbem-26932	90	14	threshold	threshold	NOUN
fbem-26932	90	15	,	,	PUNCT
fbem-26932	90	16	the	the	DET
fbem-26932	90	17	probability	probability	NOUN
fbem-26932	90	18	of	of	ADP
fbem-26932	90	19	high	high	ADJ
fbem-26932	90	20	-	-	PUNCT
fbem-26932	90	21	risk	risk	NOUN
fbem-26932	90	22	state	state	NOUN
fbem-26932	90	23	decreases	decrease	NOUN
fbem-26932	90	24	and	and	CCONJ
fbem-26932	90	25	the	the	DET
fbem-26932	90	26	possibility	possibility	NOUN
fbem-26932	90	27	of	of	ADP
fbem-26932	90	28	market	market	NOUN
fbem-26932	90	29	in	in	ADP
fbem-26932	90	30	low	low	ADJ
fbem-26932	90	31	-	-	PUNCT
fbem-26932	90	32	risk	risk	NOUN
fbem-26932	90	33	state	state	NOUN
fbem-26932	90	34	increases	increase	NOUN
fbem-26932	90	35	.	.	PUNCT
fbem-26932	91	1	the	the	DET
fbem-26932	91	2	smoothed	smooth	VERB
fbem-26932	91	3	probability	probability	NOUN
fbem-26932	91	4	curve	curve	NOUN
fbem-26932	91	5	can	can	AUX
fbem-26932	91	6	show	show	VERB
fbem-26932	91	7	the	the	DET
fbem-26932	91	8	trend	trend	NOUN
fbem-26932	91	9	of	of	ADP
fbem-26932	91	10	risk	risk	NOUN
fbem-26932	91	11	transfer	transfer	NOUN
fbem-26932	91	12	more	more	ADV
fbem-26932	91	13	clearly	clearly	ADV
fbem-26932	91	14	,	,	PUNCT
fbem-26932	91	15	which	which	PRON
fbem-26932	91	16	is	be	AUX
fbem-26932	91	17	helpful	helpful	ADJ
fbem-26932	91	18	to	to	PART
fbem-26932	91	19	identify	identify	VERB
fbem-26932	91	20	the	the	DET
fbem-26932	91	21	changes	change	NOUN
fbem-26932	91	22	of	of	ADP
fbem-26932	91	23	financial	financial	ADJ
fbem-26932	91	24	risks	risk	NOUN
fbem-26932	91	25	and	and	CCONJ
fbem-26932	91	26	warn	warn	VERB
fbem-26932	91	27	potential	potential	ADJ
fbem-26932	91	28	risks	risk	NOUN
fbem-26932	91	29	.	.	PUNCT
fbem-26932	92	1	295	295	NUM
fbem-26932	92	2	figure	figure	NOUN
fbem-26932	92	3	1	1	NUM
fbem-26932	92	4	.	.	NOUN
fbem-26932	92	5	probability	probability	NOUN
fbem-26932	92	6	diagram	diagram	NOUN
fbem-26932	92	7	of	of	ADP
fbem-26932	92	8	financial	financial	ADJ
fbem-26932	92	9	risk	risk	NOUN
fbem-26932	92	10	transfer	transfer	NOUN
fbem-26932	92	11	4.4	4.4	NUM
fbem-26932	92	12	.	.	PUNCT
fbem-26932	93	1	state	state	NOUN
fbem-26932	93	2	recognition	recognition	PROPN
fbem-26932	93	3	result	result	VERB
fbem-26932	93	4	analysis	analysis	NOUN
fbem-26932	93	5	figure	figure	NOUN
fbem-26932	93	6	2	2	NUM
fbem-26932	93	7	shows	show	VERB
fbem-26932	93	8	the	the	DET
fbem-26932	93	9	financial	financial	ADJ
fbem-26932	93	10	stress	stress	NOUN
fbem-26932	93	11	index	index	NOUN
fbem-26932	93	12	(	(	PUNCT
fbem-26932	93	13	fsi	fsi	PROPN
fbem-26932	93	14	)	)	PUNCT
fbem-26932	93	15	fluctuation	fluctuation	NOUN
fbem-26932	93	16	and	and	CCONJ
fbem-26932	93	17	its	its	PRON
fbem-26932	93	18	corresponding	corresponding	ADJ
fbem-26932	93	19	risk	risk	NOUN
fbem-26932	93	20	state	state	NOUN
fbem-26932	93	21	from	from	ADP
fbem-26932	93	22	2010	2010	NUM
fbem-26932	93	23	to	to	ADP
fbem-26932	93	24	the	the	DET
fbem-26932	93	25	end	end	NOUN
fbem-26932	93	26	of	of	ADP
fbem-26932	93	27	2020	2020	NUM
fbem-26932	93	28	.	.	PUNCT
fbem-26932	94	1	as	as	ADP
fbem-26932	94	2	a	a	DET
fbem-26932	94	3	whole	whole	NOUN
fbem-26932	94	4	,	,	PUNCT
fbem-26932	94	5	fsi	fsi	PROPN
fbem-26932	94	6	presents	present	VERB
fbem-26932	94	7	an	an	DET
fbem-26932	94	8	irregular	irregular	ADJ
fbem-26932	94	9	fluctuation	fluctuation	NOUN
fbem-26932	94	10	pattern	pattern	NOUN
fbem-26932	94	11	,	,	PUNCT
fbem-26932	94	12	with	with	ADP
fbem-26932	94	13	a	a	DET
fbem-26932	94	14	significant	significant	ADJ
fbem-26932	94	15	upward	upward	ADJ
fbem-26932	94	16	or	or	CCONJ
fbem-26932	94	17	downward	downward	ADJ
fbem-26932	94	18	trend	trend	NOUN
fbem-26932	94	19	in	in	ADP
fbem-26932	94	20	a	a	DET
fbem-26932	94	21	specific	specific	ADJ
fbem-26932	94	22	cycle	cycle	NOUN
fbem-26932	94	23	,	,	PUNCT
fbem-26932	94	24	reflecting	reflect	VERB
fbem-26932	94	25	the	the	DET
fbem-26932	94	26	instability	instability	NOUN
fbem-26932	94	27	and	and	CCONJ
fbem-26932	94	28	periodic	periodic	ADJ
fbem-26932	94	29	tension	tension	NOUN
fbem-26932	94	30	of	of	ADP
fbem-26932	94	31	financial	financial	ADJ
fbem-26932	94	32	markets	market	NOUN
fbem-26932	94	33	.	.	PUNCT
fbem-26932	95	1	the	the	DET
fbem-26932	95	2	green	green	ADJ
fbem-26932	95	3	dot	dot	NOUN
fbem-26932	95	4	(	(	PUNCT
fbem-26932	95	5	low	low	ADJ
fbem-26932	95	6	-	-	PUNCT
fbem-26932	95	7	risk	risk	NOUN
fbem-26932	95	8	state	state	NOUN
fbem-26932	95	9	)	)	PUNCT
fbem-26932	95	10	indicates	indicate	VERB
fbem-26932	95	11	that	that	SCONJ
fbem-26932	95	12	the	the	DET
fbem-26932	95	13	financial	financial	ADJ
fbem-26932	95	14	system	system	NOUN
fbem-26932	95	15	is	be	AUX
fbem-26932	95	16	relatively	relatively	ADV
fbem-26932	95	17	stable	stable	ADJ
fbem-26932	95	18	during	during	ADP
fbem-26932	95	19	these	these	DET
fbem-26932	95	20	periods	period	NOUN
fbem-26932	95	21	,	,	PUNCT
fbem-26932	95	22	and	and	CCONJ
fbem-26932	95	23	the	the	DET
fbem-26932	95	24	fsi	fsi	PROPN
fbem-26932	95	25	value	value	NOUN
fbem-26932	95	26	remains	remain	VERB
fbem-26932	95	27	at	at	ADP
fbem-26932	95	28	a	a	DET
fbem-26932	95	29	low	low	ADJ
fbem-26932	95	30	level	level	NOUN
fbem-26932	95	31	,	,	PUNCT
fbem-26932	95	32	indicating	indicate	VERB
fbem-26932	95	33	that	that	SCONJ
fbem-26932	95	34	the	the	DET
fbem-26932	95	35	market	market	NOUN
fbem-26932	95	36	liquidity	liquidity	NOUN
fbem-26932	95	37	is	be	AUX
fbem-26932	95	38	sufficient	sufficient	ADJ
fbem-26932	95	39	and	and	CCONJ
fbem-26932	95	40	the	the	DET
fbem-26932	95	41	credit	credit	NOUN
fbem-26932	95	42	environment	environment	NOUN
fbem-26932	95	43	is	be	AUX
fbem-26932	95	44	healthy	healthy	ADJ
fbem-26932	95	45	.	.	PUNCT
fbem-26932	96	1	red	red	ADJ
fbem-26932	96	2	dots	dot	NOUN
fbem-26932	96	3	(	(	PUNCT
fbem-26932	96	4	high	high	ADJ
fbem-26932	96	5	-	-	PUNCT
fbem-26932	96	6	risk	risk	NOUN
fbem-26932	96	7	state	state	NOUN
fbem-26932	96	8	)	)	PUNCT
fbem-26932	96	9	highlight	highlight	VERB
fbem-26932	96	10	the	the	DET
fbem-26932	96	11	peak	peak	NOUN
fbem-26932	96	12	area	area	NOUN
fbem-26932	96	13	of	of	ADP
fbem-26932	96	14	fsi	fsi	PROPN
fbem-26932	96	15	,	,	PUNCT
fbem-26932	96	16	which	which	PRON
fbem-26932	96	17	means	mean	VERB
fbem-26932	96	18	that	that	SCONJ
fbem-26932	96	19	the	the	DET
fbem-26932	96	20	financial	financial	ADJ
fbem-26932	96	21	market	market	NOUN
fbem-26932	96	22	is	be	AUX
fbem-26932	96	23	facing	face	VERB
fbem-26932	96	24	a	a	DET
fbem-26932	96	25	high	high	ADJ
fbem-26932	96	26	degree	degree	NOUN
fbem-26932	96	27	of	of	ADP
fbem-26932	96	28	pressure	pressure	NOUN
fbem-26932	96	29	,	,	PUNCT
fbem-26932	96	30	and	and	CCONJ
fbem-26932	96	31	may	may	AUX
fbem-26932	96	32	encounter	encounter	VERB
fbem-26932	96	33	credit	credit	NOUN
fbem-26932	96	34	contraction	contraction	NOUN
fbem-26932	96	35	,	,	PUNCT
fbem-26932	96	36	sharp	sharp	ADJ
fbem-26932	96	37	changes	change	NOUN
fbem-26932	96	38	in	in	ADP
fbem-26932	96	39	asset	asset	NOUN
fbem-26932	96	40	prices	price	NOUN
fbem-26932	96	41	or	or	CCONJ
fbem-26932	96	42	tight	tight	ADJ
fbem-26932	96	43	liquidity	liquidity	NOUN
fbem-26932	96	44	.	.	PUNCT
fbem-26932	97	1	several	several	ADJ
fbem-26932	97	2	obvious	obvious	ADJ
fbem-26932	97	3	periods	period	NOUN
fbem-26932	97	4	of	of	ADP
fbem-26932	97	5	high	high	ADJ
fbem-26932	97	6	-	-	PUNCT
fbem-26932	97	7	risk	risk	NOUN
fbem-26932	97	8	state	state	NOUN
fbem-26932	97	9	concentration	concentration	NOUN
fbem-26932	97	10	often	often	ADV
fbem-26932	97	11	echo	echo	VERB
fbem-26932	97	12	the	the	DET
fbem-26932	97	13	known	know	VERB
fbem-26932	97	14	historical	historical	ADJ
fbem-26932	97	15	financial	financial	ADJ
fbem-26932	97	16	fluctuations	fluctuation	NOUN
fbem-26932	97	17	or	or	CCONJ
fbem-26932	97	18	crisis	crisis	NOUN
fbem-26932	97	19	events	event	NOUN
fbem-26932	97	20	,	,	PUNCT
fbem-26932	97	21	such	such	ADJ
fbem-26932	97	22	as	as	ADP
fbem-26932	97	23	the	the	DET
fbem-26932	97	24	subsequent	subsequent	ADJ
fbem-26932	97	25	impact	impact	NOUN
fbem-26932	97	26	of	of	ADP
fbem-26932	97	27	the	the	DET
fbem-26932	97	28	european	european	ADJ
fbem-26932	97	29	debt	debt	NOUN
fbem-26932	97	30	crisis	crisis	NOUN
fbem-26932	97	31	and	and	CCONJ
fbem-26932	97	32	the	the	DET
fbem-26932	97	33	capital	capital	NOUN
fbem-26932	97	34	outflow	outflow	NOUN
fbem-26932	97	35	from	from	ADP
fbem-26932	97	36	emerging	emerge	VERB
fbem-26932	97	37	markets	market	NOUN
fbem-26932	97	38	.	.	PUNCT
fbem-26932	98	1	these	these	DET
fbem-26932	98	2	events	event	NOUN
fbem-26932	98	3	are	be	AUX
fbem-26932	98	4	usually	usually	ADV
fbem-26932	98	5	accompanied	accompany	VERB
fbem-26932	98	6	by	by	ADP
fbem-26932	98	7	the	the	DET
fbem-26932	98	8	rapid	rapid	ADJ
fbem-26932	98	9	rise	rise	NOUN
fbem-26932	98	10	of	of	ADP
fbem-26932	98	11	fsi	fsi	PROPN
fbem-26932	98	12	,	,	PUNCT
fbem-26932	98	13	which	which	PRON
fbem-26932	98	14	confirms	confirm	VERB
fbem-26932	98	15	the	the	DET
fbem-26932	98	16	accuracy	accuracy	NOUN
fbem-26932	98	17	of	of	ADP
fbem-26932	98	18	model	model	NOUN
fbem-26932	98	19	identification	identification	NOUN
fbem-26932	98	20	.	.	PUNCT
fbem-26932	99	1	most	most	ADJ
fbem-26932	99	2	of	of	ADP
fbem-26932	99	3	the	the	DET
fbem-26932	99	4	green	green	ADJ
fbem-26932	99	5	dots	dot	NOUN
fbem-26932	99	6	are	be	AUX
fbem-26932	99	7	densely	densely	ADV
fbem-26932	99	8	distributed	distribute	VERB
fbem-26932	99	9	and	and	CCONJ
fbem-26932	99	10	stable	stable	ADJ
fbem-26932	99	11	,	,	PUNCT
fbem-26932	99	12	which	which	PRON
fbem-26932	99	13	implies	imply	VERB
fbem-26932	99	14	that	that	SCONJ
fbem-26932	99	15	the	the	DET
fbem-26932	99	16	financial	financial	ADJ
fbem-26932	99	17	system	system	NOUN
fbem-26932	99	18	can	can	AUX
fbem-26932	99	19	effectively	effectively	ADV
fbem-26932	99	20	resist	resist	VERB
fbem-26932	99	21	external	external	ADJ
fbem-26932	99	22	shocks	shock	NOUN
fbem-26932	99	23	and	and	CCONJ
fbem-26932	99	24	maintain	maintain	VERB
fbem-26932	99	25	good	good	ADJ
fbem-26932	99	26	pressure	pressure	NOUN
fbem-26932	99	27	resistance	resistance	NOUN
fbem-26932	99	28	during	during	ADP
fbem-26932	99	29	most	most	ADJ
fbem-26932	99	30	of	of	ADP
fbem-26932	99	31	the	the	DET
fbem-26932	99	32	inspection	inspection	NOUN
fbem-26932	99	33	period	period	NOUN
fbem-26932	99	34	.	.	PUNCT
fbem-26932	100	1	figure	figure	NOUN
fbem-26932	100	2	2	2	NUM
fbem-26932	100	3	.	.	PUNCT
fbem-26932	100	4	financial	financial	ADJ
fbem-26932	100	5	stress	stress	NOUN
fbem-26932	100	6	index	index	NOUN
fbem-26932	100	7	of	of	ADP
fbem-26932	100	8	state	state	NOUN
fbem-26932	100	9	recognition	recognition	NOUN
fbem-26932	100	10	4.5	4.5	NUM
fbem-26932	100	11	.	.	PUNCT
fbem-26932	101	1	financial	financial	ADJ
fbem-26932	101	2	risk	risk	NOUN
fbem-26932	101	3	prediction	prediction	NOUN
fbem-26932	101	4	results	result	VERB
fbem-26932	101	5	the	the	DET
fbem-26932	101	6	model	model	NOUN
fbem-26932	101	7	sent	send	VERB
fbem-26932	101	8	out	out	ADP
fbem-26932	101	9	high	high	ADJ
fbem-26932	101	10	-	-	PUNCT
fbem-26932	101	11	risk	risk	NOUN
fbem-26932	101	12	warning	warning	NOUN
fbem-26932	101	13	signals	signal	NOUN
fbem-26932	101	14	in	in	ADP
fbem-26932	101	15	advance	advance	NOUN
fbem-26932	101	16	at	at	ADP
fbem-26932	101	17	several	several	ADJ
fbem-26932	101	18	time	time	NOUN
fbem-26932	101	19	points	point	NOUN
fbem-26932	101	20	,	,	PUNCT
fbem-26932	101	21	which	which	PRON
fbem-26932	101	22	proved	prove	VERB
fbem-26932	101	23	the	the	DET
fbem-26932	101	24	accuracy	accuracy	NOUN
fbem-26932	101	25	of	of	ADP
fbem-26932	101	26	the	the	DET
fbem-26932	101	27	model	model	NOUN
fbem-26932	101	28	's	's	PART
fbem-26932	101	29	early	early	ADJ
fbem-26932	101	30	warning	warning	NOUN
fbem-26932	101	31	.	.	PUNCT
fbem-26932	102	1	there	there	PRON
fbem-26932	102	2	are	be	VERB
fbem-26932	102	3	a	a	DET
fbem-26932	102	4	few	few	ADJ
fbem-26932	102	5	false	false	ADJ
fbem-26932	102	6	positives	positive	NOUN
fbem-26932	102	7	,	,	PUNCT
fbem-26932	102	8	that	that	ADV
fbem-26932	102	9	is	is	ADV
fbem-26932	102	10	,	,	PUNCT
fbem-26932	102	11	the	the	DET
fbem-26932	102	12	model	model	NOUN
fbem-26932	102	13	issued	issue	VERB
fbem-26932	102	14	a	a	DET
fbem-26932	102	15	high	high	ADJ
fbem-26932	102	16	-	-	PUNCT
fbem-26932	102	17	risk	risk	NOUN
fbem-26932	102	18	warning	warning	NOUN
fbem-26932	102	19	,	,	PUNCT
fbem-26932	102	20	but	but	CCONJ
fbem-26932	102	21	no	no	DET
fbem-26932	102	22	serious	serious	ADJ
fbem-26932	102	23	financial	financial	ADJ
fbem-26932	102	24	risk	risk	NOUN
fbem-26932	102	25	events	event	NOUN
fbem-26932	102	26	actually	actually	ADV
fbem-26932	102	27	occurred	occur	VERB
fbem-26932	102	28	,	,	PUNCT
fbem-26932	102	29	which	which	PRON
fbem-26932	102	30	may	may	AUX
fbem-26932	102	31	be	be	AUX
fbem-26932	102	32	caused	cause	VERB
fbem-26932	102	33	by	by	ADP
fbem-26932	102	34	short	short	ADJ
fbem-26932	102	35	-	-	PUNCT
fbem-26932	102	36	term	term	NOUN
fbem-26932	102	37	market	market	NOUN
fbem-26932	102	38	fluctuations	fluctuation	NOUN
fbem-26932	102	39	or	or	CCONJ
fbem-26932	102	40	data	datum	NOUN
fbem-26932	102	41	noise	noise	NOUN
fbem-26932	102	42	.	.	PUNCT
fbem-26932	103	1	in	in	ADP
fbem-26932	103	2	some	some	DET
fbem-26932	103	3	cases	case	NOUN
fbem-26932	103	4	,	,	PUNCT
fbem-26932	103	5	the	the	DET
fbem-26932	103	6	early	early	ADJ
fbem-26932	103	7	warning	warning	NOUN
fbem-26932	103	8	signal	signal	NOUN
fbem-26932	103	9	of	of	ADP
fbem-26932	103	10	the	the	DET
fbem-26932	103	11	model	model	NOUN
fbem-26932	103	12	accurately	accurately	ADV
fbem-26932	103	13	predicted	predict	VERB
fbem-26932	103	14	the	the	DET
fbem-26932	103	15	occurrence	occurrence	NOUN
fbem-26932	103	16	of	of	ADP
fbem-26932	103	17	financial	financial	ADJ
fbem-26932	103	18	risk	risk	NOUN
fbem-26932	103	19	events	event	NOUN
fbem-26932	103	20	several	several	ADJ
fbem-26932	103	21	months	month	NOUN
fbem-26932	103	22	or	or	CCONJ
fbem-26932	103	23	even	even	ADV
fbem-26932	103	24	longer	long	ADV
fbem-26932	103	25	in	in	ADP
fbem-26932	103	26	advance	advance	NOUN
fbem-26932	103	27	,	,	PUNCT
fbem-26932	103	28	showing	show	VERB
fbem-26932	103	29	good	good	ADJ
fbem-26932	103	30	timeliness	timeliness	NOUN
fbem-26932	103	31	.	.	PUNCT
fbem-26932	104	1	in	in	ADP
fbem-26932	104	2	other	other	ADJ
fbem-26932	104	3	cases	case	NOUN
fbem-26932	104	4	,	,	PUNCT
fbem-26932	104	5	the	the	DET
fbem-26932	104	6	advance	advance	NOUN
fbem-26932	104	7	time	time	NOUN
fbem-26932	104	8	of	of	ADP
fbem-26932	104	9	early	early	ADJ
fbem-26932	104	10	warning	warning	NOUN
fbem-26932	104	11	signal	signal	NOUN
fbem-26932	104	12	is	be	AUX
fbem-26932	104	13	short	short	ADJ
fbem-26932	104	14	,	,	PUNCT
fbem-26932	104	15	but	but	CCONJ
fbem-26932	104	16	it	it	PRON
fbem-26932	104	17	still	still	ADV
fbem-26932	104	18	provides	provide	VERB
fbem-26932	104	19	enough	enough	ADJ
fbem-26932	104	20	response	response	NOUN
fbem-26932	104	21	time	time	NOUN
fbem-26932	104	22	for	for	SCONJ
fbem-26932	104	23	relevant	relevant	ADJ
fbem-26932	104	24	departments	department	NOUN
fbem-26932	104	25	to	to	PART
fbem-26932	104	26	deal	deal	VERB
fbem-26932	104	27	with	with	ADP
fbem-26932	104	28	the	the	DET
fbem-26932	104	29	upcoming	upcoming	ADJ
fbem-26932	104	30	risks	risk	NOUN
fbem-26932	104	31	.	.	PUNCT
fbem-26932	105	1	5	5	X
fbem-26932	105	2	.	.	X
fbem-26932	105	3	conclusion	conclusion	NOUN
fbem-26932	105	4	the	the	DET
fbem-26932	105	5	structural	structural	ADJ
fbem-26932	105	6	changes	change	NOUN
fbem-26932	105	7	in	in	ADP
fbem-26932	105	8	time	time	NOUN
fbem-26932	105	9	series	series	PROPN
fbem-26932	105	10	data	datum	NOUN
fbem-26932	105	11	are	be	AUX
fbem-26932	105	12	captured	capture	VERB
fbem-26932	105	13	by	by	ADP
fbem-26932	105	14	mrsm	mrsm	NOUN
fbem-26932	105	15	,	,	PUNCT
fbem-26932	105	16	and	and	CCONJ
fbem-26932	105	17	the	the	DET
fbem-26932	105	18	future	future	ADJ
fbem-26932	105	19	state	state	NOUN
fbem-26932	105	20	is	be	AUX
fbem-26932	105	21	predicted	predict	VERB
fbem-26932	105	22	according	accord	VERB
fbem-26932	105	23	to	to	ADP
fbem-26932	105	24	historical	historical	ADJ
fbem-26932	105	25	information	information	NOUN
fbem-26932	105	26	,	,	PUNCT
fbem-26932	105	27	so	so	SCONJ
fbem-26932	105	28	as	as	SCONJ
fbem-26932	105	29	to	to	PART
fbem-26932	105	30	provide	provide	VERB
fbem-26932	105	31	accurate	accurate	ADJ
fbem-26932	105	32	and	and	CCONJ
fbem-26932	105	33	timely	timely	ADJ
fbem-26932	105	34	risk	risk	NOUN
fbem-26932	105	35	management	management	NOUN
fbem-26932	105	36	decision	decision	NOUN
fbem-26932	105	37	support	support	NOUN
fbem-26932	105	38	for	for	ADP
fbem-26932	105	39	financial	financial	ADJ
fbem-26932	105	40	institutions	institution	NOUN
fbem-26932	105	41	and	and	CCONJ
fbem-26932	105	42	regulatory	regulatory	ADJ
fbem-26932	105	43	authorities	authority	NOUN
fbem-26932	105	44	.	.	PUNCT
fbem-26932	106	1	empirical	empirical	ADJ
fbem-26932	106	2	analysis	analysis	NOUN
fbem-26932	106	3	shows	show	VERB
fbem-26932	106	4	that	that	SCONJ
fbem-26932	106	5	the	the	DET
fbem-26932	106	6	model	model	NOUN
fbem-26932	106	7	has	have	VERB
fbem-26932	106	8	a	a	DET
fbem-26932	106	9	higher	high	ADJ
fbem-26932	106	10	benchmark	benchmark	NOUN
fbem-26932	106	11	level	level	NOUN
fbem-26932	106	12	in	in	ADP
fbem-26932	106	13	high	high	ADJ
fbem-26932	106	14	-	-	PUNCT
fbem-26932	106	15	risk	risk	NOUN
fbem-26932	106	16	state	state	NOUN
fbem-26932	106	17	,	,	PUNCT
fbem-26932	106	18	and	and	CCONJ
fbem-26932	106	19	can	can	AUX
fbem-26932	106	20	effectively	effectively	ADV
fbem-26932	106	21	reflect	reflect	VERB
fbem-26932	106	22	the	the	DET
fbem-26932	106	23	positive	positive	ADJ
fbem-26932	106	24	correlation	correlation	NOUN
fbem-26932	106	25	between	between	ADP
fbem-26932	106	26	economic	economic	ADJ
fbem-26932	106	27	growth	growth	NOUN
fbem-26932	106	28	and	and	CCONJ
fbem-26932	106	29	financial	financial	ADJ
fbem-26932	106	30	pressure	pressure	NOUN
fbem-26932	106	31	,	,	PUNCT
fbem-26932	106	32	the	the	DET
fbem-26932	106	33	negative	negative	ADJ
fbem-26932	106	34	correlation	correlation	NOUN
fbem-26932	106	35	between	between	ADP
fbem-26932	106	36	unemployment	unemployment	NOUN
fbem-26932	106	37	rate	rate	NOUN
fbem-26932	106	38	and	and	CCONJ
fbem-26932	106	39	financial	financial	ADJ
fbem-26932	106	40	pressure	pressure	NOUN
fbem-26932	106	41	,	,	PUNCT
fbem-26932	106	42	and	and	CCONJ
fbem-26932	106	43	the	the	DET
fbem-26932	106	44	correlation	correlation	NOUN
fbem-26932	106	45	between	between	ADP
fbem-26932	106	46	increased	increase	VERB
fbem-26932	106	47	market	market	NOUN
fbem-26932	106	48	volatility	volatility	NOUN
fbem-26932	106	49	and	and	CCONJ
fbem-26932	106	50	rising	rise	VERB
fbem-26932	106	51	financial	financial	ADJ
fbem-26932	106	52	pressure	pressure	NOUN
fbem-26932	106	53	.	.	PUNCT
fbem-26932	107	1	in	in	ADP
fbem-26932	107	2	addition	addition	NOUN
fbem-26932	107	3	,	,	PUNCT
fbem-26932	107	4	the	the	DET
fbem-26932	107	5	state	state	NOUN
fbem-26932	107	6	transition	transition	NOUN
fbem-26932	107	7	probability	probability	NOUN
fbem-26932	107	8	296	296	NUM
fbem-26932	107	9	of	of	ADP
fbem-26932	107	10	the	the	DET
fbem-26932	107	11	model	model	NOUN
fbem-26932	107	12	shows	show	VERB
fbem-26932	107	13	that	that	SCONJ
fbem-26932	107	14	the	the	DET
fbem-26932	107	15	system	system	NOUN
fbem-26932	107	16	is	be	AUX
fbem-26932	107	17	more	more	ADV
fbem-26932	107	18	likely	likely	ADJ
fbem-26932	107	19	to	to	PART
fbem-26932	107	20	continue	continue	VERB
fbem-26932	107	21	once	once	SCONJ
fbem-26932	107	22	it	it	PRON
fbem-26932	107	23	falls	fall	VERB
fbem-26932	107	24	into	into	ADP
fbem-26932	107	25	a	a	DET
fbem-26932	107	26	high	high	ADJ
fbem-26932	107	27	-	-	PUNCT
fbem-26932	107	28	risk	risk	NOUN
fbem-26932	107	29	state	state	NOUN
fbem-26932	107	30	,	,	PUNCT
fbem-26932	107	31	and	and	CCONJ
fbem-26932	107	32	the	the	DET
fbem-26932	107	33	model	model	NOUN
fbem-26932	107	34	sends	send	VERB
fbem-26932	107	35	out	out	ADP
fbem-26932	107	36	high	high	ADJ
fbem-26932	107	37	-	-	PUNCT
fbem-26932	107	38	risk	risk	NOUN
fbem-26932	107	39	warning	warning	NOUN
fbem-26932	107	40	signals	signal	NOUN
fbem-26932	107	41	in	in	ADP
fbem-26932	107	42	advance	advance	NOUN
fbem-26932	107	43	at	at	ADP
fbem-26932	107	44	multiple	multiple	ADJ
fbem-26932	107	45	time	time	NOUN
fbem-26932	107	46	points	point	NOUN
fbem-26932	107	47	,	,	PUNCT
fbem-26932	107	48	which	which	PRON
fbem-26932	107	49	proves	prove	VERB
fbem-26932	107	50	its	its	PRON
fbem-26932	107	51	accuracy	accuracy	NOUN
fbem-26932	107	52	and	and	CCONJ
fbem-26932	107	53	timeliness	timeliness	NOUN
fbem-26932	107	54	.	.	PUNCT
fbem-26932	108	1	although	although	SCONJ
fbem-26932	108	2	there	there	PRON
fbem-26932	108	3	are	be	VERB
fbem-26932	108	4	a	a	DET
fbem-26932	108	5	few	few	ADJ
fbem-26932	108	6	false	false	ADJ
fbem-26932	108	7	positives	positive	NOUN
fbem-26932	108	8	,	,	PUNCT
fbem-26932	108	9	on	on	ADP
fbem-26932	108	10	the	the	DET
fbem-26932	108	11	whole	whole	NOUN
fbem-26932	108	12	,	,	PUNCT
fbem-26932	108	13	this	this	DET
fbem-26932	108	14	study	study	NOUN
fbem-26932	108	15	shows	show	VERB
fbem-26932	108	16	the	the	DET
fbem-26932	108	17	great	great	ADJ
fbem-26932	108	18	potential	potential	NOUN
fbem-26932	108	19	and	and	CCONJ
fbem-26932	108	20	application	application	NOUN
fbem-26932	108	21	value	value	NOUN
fbem-26932	108	22	of	of	ADP
fbem-26932	108	23	mrsm	mrsm	NOUN
fbem-26932	108	24	in	in	ADP
fbem-26932	108	25	the	the	DET
fbem-26932	108	26	early	early	ADJ
fbem-26932	108	27	warning	warning	NOUN
fbem-26932	108	28	of	of	ADP
fbem-26932	108	29	financial	financial	ADJ
fbem-26932	108	30	systemic	systemic	ADJ
fbem-26932	108	31	risks	risk	NOUN
fbem-26932	108	32	.	.	PUNCT
fbem-26932	109	1	references	reference	NOUN
fbem-26932	109	2	[	[	X
fbem-26932	109	3	1	1	NUM
fbem-26932	109	4	]	]	X
fbem-26932	109	5	sui	sui	PROPN
fbem-26932	109	6	jianli	jianli	PROPN
fbem-26932	109	7	,	,	PUNCT
fbem-26932	109	8	li	li	PROPN
fbem-26932	109	9	yuexin	yuexin	PROPN
fbem-26932	109	10	,	,	PUNCT
fbem-26932	109	11	&	&	CCONJ
fbem-26932	109	12	liu	liu	PROPN
fbem-26932	109	13	jinquan	jinquan	PROPN
fbem-26932	109	14	.	.	PUNCT
fbem-26932	110	1	(	(	PUNCT
fbem-26932	110	2	2024	2024	NUM
fbem-26932	110	3	)	)	PUNCT
fbem-26932	110	4	.	.	PUNCT
fbem-26932	111	1	the	the	DET
fbem-26932	111	2	spatiotemporal	spatiotemporal	ADJ
fbem-26932	111	3	convergence	convergence	NOUN
fbem-26932	111	4	and	and	CCONJ
fbem-26932	111	5	heterogeneous	heterogeneous	ADJ
fbem-26932	111	6	differentiation	differentiation	NOUN
fbem-26932	111	7	characteristics	characteristic	NOUN
fbem-26932	111	8	of	of	ADP
fbem-26932	111	9	china	china	PROPN
fbem-26932	111	10	's	's	PART
fbem-26932	111	11	economic	economic	ADJ
fbem-26932	111	12	resilience	resilience	NOUN
fbem-26932	111	13	identification	identification	NOUN
fbem-26932	111	14	based	base	VERB
fbem-26932	111	15	on	on	ADP
fbem-26932	111	16	the	the	DET
fbem-26932	111	17	markov	markov	NOUN
fbem-26932	111	18	regime	regime	NOUN
fbem-26932	111	19	-	-	PUNCT
fbem-26932	111	20	switching	switch	VERB
fbem-26932	111	21	mixed	mixed	ADJ
fbem-26932	111	22	-	-	PUNCT
fbem-26932	111	23	frequency	frequency	NOUN
fbem-26932	111	24	dynamic	dynamic	ADJ
fbem-26932	111	25	factor	factor	NOUN
fbem-26932	111	26	model	model	NOUN
fbem-26932	111	27	.	.	PUNCT
fbem-26932	112	1	journal	journal	PROPN
fbem-26932	112	2	of	of	ADP
fbem-26932	112	3	management	management	NOUN
fbem-26932	112	4	,	,	PUNCT
fbem-26932	112	5	40(3	40(3	NUM
fbem-26932	112	6	)	)	PUNCT
fbem-26932	112	7	,	,	PUNCT
fbem-26932	112	8	16	16	NUM
fbem-26932	112	9	-	-	SYM
fbem-26932	112	10	36	36	NUM
fbem-26932	112	11	.	.	PUNCT
fbem-26932	113	1	[	[	X
fbem-26932	113	2	2	2	NUM
fbem-26932	113	3	]	]	PUNCT
fbem-26932	113	4	yu	yu	PROPN
fbem-26932	113	5	yongda	yongda	PROPN
fbem-26932	113	6	,	,	PUNCT
fbem-26932	113	7	&	&	CCONJ
fbem-26932	113	8	lu	lu	PROPN
fbem-26932	113	9	wenxiang	wenxiang	PROPN
fbem-26932	113	10	.	.	PUNCT
fbem-26932	114	1	(	(	PUNCT
fbem-26932	114	2	2018	2018	NUM
fbem-26932	114	3	)	)	PUNCT
fbem-26932	114	4	.	.	PUNCT
fbem-26932	115	1	research	research	NOUN
fbem-26932	115	2	on	on	ADP
fbem-26932	115	3	the	the	DET
fbem-26932	115	4	correlation	correlation	NOUN
fbem-26932	115	5	between	between	ADP
fbem-26932	115	6	financial	financial	ADJ
fbem-26932	115	7	speculation	speculation	NOUN
fbem-26932	115	8	and	and	CCONJ
fbem-26932	115	9	international	international	ADJ
fbem-26932	115	10	crude	crude	ADJ
fbem-26932	115	11	oil	oil	NOUN
fbem-26932	115	12	prices	price	NOUN
fbem-26932	115	13	:	:	PUNCT
fbem-26932	115	14	based	base	VERB
fbem-26932	115	15	on	on	ADP
fbem-26932	115	16	the	the	DET
fbem-26932	115	17	"	"	PUNCT
fbem-26932	115	18	double	double	ADJ
fbem-26932	115	19	-	-	PUNCT
fbem-26932	115	20	stage	stage	NOUN
fbem-26932	115	21	"	"	PUNCT
fbem-26932	115	22	markov	markov	NOUN
fbem-26932	115	23	regimeswitching	regimeswitching	NOUN
fbem-26932	115	24	model	model	NOUN
fbem-26932	115	25	.	.	PUNCT
fbem-26932	116	1	china	china	PROPN
fbem-26932	116	2	mining	mining	PROPN
fbem-26932	116	3	,	,	PUNCT
fbem-26932	116	4	27(5	27(5	PROPN
fbem-26932	116	5	)	)	PUNCT
fbem-26932	116	6	,	,	PUNCT
fbem-26932	116	7	44	44	NUM
fbem-26932	116	8	-	-	SYM
fbem-26932	116	9	49	49	NUM
fbem-26932	116	10	.	.	PUNCT
fbem-26932	117	1	[	[	X
fbem-26932	117	2	3	3	X
fbem-26932	117	3	]	]	X
fbem-26932	117	4	wang	wang	PROPN
fbem-26932	117	5	wensheng	wensheng	PROPN
fbem-26932	117	6	,	,	PUNCT
fbem-26932	117	7	&	&	CCONJ
fbem-26932	117	8	chang	chang	PROPN
fbem-26932	117	9	xiaoying	xiaoying	PROPN
fbem-26932	117	10	.	.	PUNCT
fbem-26932	118	1	(	(	PUNCT
fbem-26932	118	2	2022	2022	NUM
fbem-26932	118	3	)	)	PUNCT
fbem-26932	118	4	.	.	PUNCT
fbem-26932	119	1	an	an	DET
fbem-26932	119	2	empirical	empirical	ADJ
fbem-26932	119	3	study	study	NOUN
fbem-26932	119	4	on	on	ADP
fbem-26932	119	5	the	the	DET
fbem-26932	119	6	impact	impact	NOUN
fbem-26932	119	7	of	of	ADP
fbem-26932	119	8	price	price	NOUN
fbem-26932	119	9	terms	term	NOUN
fbem-26932	119	10	of	of	ADP
fbem-26932	119	11	trade	trade	NOUN
fbem-26932	119	12	on	on	ADP
fbem-26932	119	13	economic	economic	ADJ
fbem-26932	119	14	growth	growth	NOUN
fbem-26932	119	15	based	base	VERB
fbem-26932	119	16	on	on	ADP
fbem-26932	119	17	the	the	DET
fbem-26932	119	18	markov	markov	NOUN
fbem-26932	119	19	regime	regime	NOUN
fbem-26932	119	20	-	-	PUNCT
fbem-26932	119	21	switching	switch	VERB
fbem-26932	119	22	mixed	mixed	ADJ
fbem-26932	119	23	-	-	PUNCT
fbem-26932	119	24	frequency	frequency	NOUN
fbem-26932	119	25	data	datum	NOUN
fbem-26932	119	26	model	model	NOUN
fbem-26932	119	27	.	.	PUNCT
fbem-26932	120	1	practice	practice	NOUN
fbem-26932	120	2	and	and	CCONJ
fbem-26932	120	3	knowledge	knowledge	NOUN
fbem-26932	120	4	of	of	ADP
fbem-26932	120	5	mathematics	mathematic	NOUN
fbem-26932	120	6	,	,	PUNCT
fbem-26932	120	7	52(1	52(1	NOUN
fbem-26932	120	8	)	)	PUNCT
fbem-26932	120	9	,	,	PUNCT
fbem-26932	120	10	140147	140147	NUM
fbem-26932	120	11	.	.	PUNCT
fbem-26932	121	1	[	[	X
fbem-26932	121	2	4	4	X
fbem-26932	121	3	]	]	X
fbem-26932	121	4	sun	sun	NOUN
fbem-26932	121	5	yanlin	yanlin	PROPN
fbem-26932	121	6	,	,	PUNCT
fbem-26932	121	7	wu	wu	PROPN
fbem-26932	121	8	yeqiang	yeqiang	PROPN
fbem-26932	121	9	,	,	PUNCT
fbem-26932	121	10	&	&	CCONJ
fbem-26932	121	11	sun	sun	PROPN
fbem-26932	121	12	ye	ye	PROPN
fbem-26932	121	13	.	.	PUNCT
fbem-26932	121	14	(	(	PUNCT
fbem-26932	121	15	2021	2021	NUM
fbem-26932	121	16	)	)	PUNCT
fbem-26932	121	17	.	.	PUNCT
fbem-26932	122	1	asymmetric	asymmetric	ADJ
fbem-26932	122	2	mechanism	mechanism	NOUN
fbem-26932	122	3	of	of	ADP
fbem-26932	122	4	financial	financial	ADJ
fbem-26932	122	5	structure	structure	NOUN
fbem-26932	122	6	and	and	CCONJ
fbem-26932	122	7	investment	investment	NOUN
fbem-26932	122	8	capital	capital	NOUN
fbem-26932	122	9	supply	supply	NOUN
fbem-26932	122	10	structure	structure	NOUN
fbem-26932	122	11	.	.	PUNCT
fbem-26932	123	1	financial	financial	PROPN
fbem-26932	123	2	forum	forum	PROPN
fbem-26932	123	3	,	,	PUNCT
fbem-26932	123	4	26(7	26(7	NOUN
fbem-26932	123	5	)	)	PUNCT
fbem-26932	123	6	,	,	PUNCT
fbem-26932	123	7	10	10	NUM
fbem-26932	123	8	.	.	PUNCT
fbem-26932	124	1	[	[	X
fbem-26932	124	2	5	5	NUM
fbem-26932	124	3	]	]	PUNCT
fbem-26932	124	4	athari	athari	PROPN
fbem-26932	124	5	,	,	PUNCT
fbem-26932	124	6	s.	s.	PROPN
fbem-26932	124	7	a.	a.	PROPN
fbem-26932	124	8	,	,	PUNCT
fbem-26932	124	9	kirikkaleli	kirikkaleli	PROPN
fbem-26932	124	10	,	,	PUNCT
fbem-26932	124	11	d.	d.	PROPN
fbem-26932	124	12	,	,	PUNCT
fbem-26932	124	13	&	&	CCONJ
fbem-26932	124	14	adebayo	adebayo	PROPN
fbem-26932	124	15	,	,	PUNCT
fbem-26932	124	16	t.	t.	PROPN
fbem-26932	124	17	s.	s.	PROPN
fbem-26932	124	18	(	(	PUNCT
fbem-26932	124	19	2022	2022	NUM
fbem-26932	124	20	)	)	PUNCT
fbem-26932	124	21	.	.	PUNCT
fbem-26932	125	1	world	world	NOUN
fbem-26932	125	2	pandemic	pandemic	ADJ
fbem-26932	125	3	uncertainty	uncertainty	NOUN
fbem-26932	125	4	and	and	CCONJ
fbem-26932	125	5	german	german	ADJ
fbem-26932	125	6	stock	stock	NOUN
fbem-26932	125	7	market	market	NOUN
fbem-26932	125	8	:	:	PUNCT
fbem-26932	125	9	evidence	evidence	NOUN
fbem-26932	125	10	from	from	ADP
fbem-26932	125	11	markov	markov	NOUN
fbem-26932	125	12	regime	regime	NOUN
fbem-26932	125	13	-	-	PUNCT
fbem-26932	125	14	switching	switch	VERB
fbem-26932	125	15	and	and	CCONJ
fbem-26932	125	16	fourier	fourier	NOUN
fbem-26932	125	17	based	base	VERB
fbem-26932	125	18	approaches	approach	NOUN
fbem-26932	125	19	.	.	PUNCT
fbem-26932	126	1	quality	quality	NOUN
fbem-26932	126	2	&	&	CCONJ
fbem-26932	126	3	quantity	quantity	NOUN
fbem-26932	126	4	,	,	PUNCT
fbem-26932	126	5	57(2	57(2	NUM
fbem-26932	126	6	)	)	PUNCT
fbem-26932	126	7	,	,	PUNCT
fbem-26932	126	8	1923	1923	NUM
fbem-26932	126	9	-	-	SYM
fbem-26932	126	10	1936	1936	NUM
fbem-26932	126	11	.	.	PUNCT
fbem-26932	127	1	[	[	X
fbem-26932	127	2	6	6	NUM
fbem-26932	127	3	]	]	X
fbem-26932	127	4	wei	wei	PROPN
fbem-26932	127	5	,	,	PUNCT
fbem-26932	127	6	c.	c.	PROPN
fbem-26932	127	7	h.	h.	PROPN
fbem-26932	127	8	(	(	PUNCT
fbem-26932	127	9	2020	2020	NUM
fbem-26932	127	10	)	)	PUNCT
fbem-26932	127	11	.	.	PUNCT
fbem-26932	128	1	regime	regime	NOUN
fbem-26932	128	2	-	-	PUNCT
fbem-26932	128	3	switching	switch	VERB
fbem-26932	128	4	discrete	discrete	ADJ
fbem-26932	128	5	arma	arma	NOUN
fbem-26932	128	6	models	model	NOUN
fbem-26932	128	7	for	for	ADP
fbem-26932	128	8	categorical	categorical	ADJ
fbem-26932	128	9	time	time	NOUN
fbem-26932	128	10	series	series	PROPN
fbem-26932	128	11	.	.	PUNCT
fbem-26932	129	1	entropy	entropy	PROPN
fbem-26932	129	2	,	,	PUNCT
fbem-26932	129	3	22(4	22(4	NUM
fbem-26932	129	4	)	)	PUNCT
fbem-26932	129	5	,	,	PUNCT
fbem-26932	129	6	458	458	NUM
fbem-26932	129	7	.	.	PUNCT
fbem-26932	130	1	[	[	X
fbem-26932	130	2	7	7	NUM
fbem-26932	130	3	]	]	X
fbem-26932	130	4	hibbah	hibbah	NOUN
fbem-26932	130	5	,	,	PUNCT
fbem-26932	130	6	e.	e.	PROPN
fbem-26932	130	7	h.	h.	PROPN
fbem-26932	130	8	,	,	PUNCT
fbem-26932	130	9	maroufy	maroufy	PROPN
fbem-26932	130	10	,	,	PUNCT
fbem-26932	130	11	h.	h.	PROPN
fbem-26932	130	12	e.	e.	PROPN
fbem-26932	130	13	,	,	PUNCT
fbem-26932	130	14	fuchs	fuchs	PROPN
fbem-26932	130	15	,	,	PUNCT
fbem-26932	130	16	c.	c.	PROPN
fbem-26932	130	17	,	,	PUNCT
fbem-26932	130	18	&	&	CCONJ
fbem-26932	130	19	ziad	ziad	PROPN
fbem-26932	130	20	,	,	PUNCT
fbem-26932	130	21	t.	t.	PROPN
fbem-26932	130	22	(	(	PUNCT
fbem-26932	130	23	2020	2020	NUM
fbem-26932	130	24	)	)	PUNCT
fbem-26932	130	25	.	.	PUNCT
fbem-26932	131	1	an	an	DET
fbem-26932	131	2	mcmc	mcmc	PROPN
fbem-26932	131	3	computational	computational	ADJ
fbem-26932	131	4	approach	approach	NOUN
fbem-26932	131	5	for	for	ADP
fbem-26932	131	6	a	a	DET
fbem-26932	131	7	continuous	continuous	ADJ
fbem-26932	131	8	time	time	NOUN
fbem-26932	131	9	statedependent	statedependent	NOUN
fbem-26932	131	10	regime	regime	NOUN
fbem-26932	131	11	switching	switch	VERB
fbem-26932	131	12	diffusion	diffusion	NOUN
fbem-26932	131	13	process	process	NOUN
fbem-26932	131	14	.	.	PUNCT
fbem-26932	132	1	journal	journal	PROPN
fbem-26932	132	2	of	of	ADP
fbem-26932	132	3	applied	applied	ADJ
fbem-26932	132	4	statistics	statistic	NOUN
fbem-26932	132	5	,	,	PUNCT
fbem-26932	132	6	47(8	47(8	NOUN
fbem-26932	132	7	)	)	PUNCT
fbem-26932	132	8	,	,	PUNCT
fbem-26932	132	9	1354	1354	NUM
fbem-26932	132	10	-	-	SYM
fbem-26932	132	11	1374	1374	NUM
fbem-26932	132	12	.	.	PUNCT
fbem-26932	133	1	[	[	X
fbem-26932	133	2	8	8	NUM
fbem-26932	133	3	]	]	X
fbem-26932	133	4	kasahara	kasahara	PROPN
fbem-26932	133	5	,	,	PUNCT
fbem-26932	133	6	h.	h.	PROPN
fbem-26932	133	7	,	,	PUNCT
fbem-26932	133	8	&	&	CCONJ
fbem-26932	133	9	shimotsu	shimotsu	PROPN
fbem-26932	133	10	,	,	PUNCT
fbem-26932	133	11	k.	k.	PROPN
fbem-26932	133	12	(	(	PUNCT
fbem-26932	133	13	2019	2019	NUM
fbem-26932	133	14	)	)	PUNCT
fbem-26932	133	15	.	.	PUNCT
fbem-26932	134	1	asymptotic	asymptotic	ADJ
fbem-26932	134	2	properties	property	NOUN
fbem-26932	134	3	of	of	ADP
fbem-26932	134	4	the	the	DET
fbem-26932	134	5	maximum	maximum	ADJ
fbem-26932	134	6	likelihood	likelihood	NOUN
fbem-26932	134	7	estimator	estimator	NOUN
fbem-26932	134	8	in	in	ADP
fbem-26932	134	9	regime	regime	NOUN
fbem-26932	134	10	switching	switch	VERB
fbem-26932	134	11	econometric	econometric	ADJ
fbem-26932	134	12	models	model	NOUN
fbem-26932	134	13	.	.	PUNCT
fbem-26932	135	1	journal	journal	NOUN
fbem-26932	135	2	of	of	ADP
fbem-26932	135	3	econometrics	econometric	NOUN
fbem-26932	135	4	,	,	PUNCT
fbem-26932	135	5	208(2	208(2	NUM
fbem-26932	135	6	)	)	PUNCT
fbem-26932	135	7	,	,	PUNCT
fbem-26932	135	8	442	442	NUM
fbem-26932	135	9	-	-	SYM
fbem-26932	135	10	467	467	NUM
fbem-26932	135	11	.	.	PUNCT