2017
Determinants of the Bank Run Sensitivity in Czechia
KLEPKOVÁ VODOVÁ, Pavla a Daniel STAVÁREKZákladní údaje
Originální název
Determinants of the Bank Run Sensitivity in Czechia
Autoři
KLEPKOVÁ VODOVÁ, Pavla (203 Česká republika, domácí) a Daniel STAVÁREK (203 Česká republika, domácí)
Vydání
Bratislava, Proceedings of the 9th International Conference on Currency, Banking and International Finance "Challenges for Financial Sector of CEE Countries in Overcoming Problems of Economic Integration in the EU" od s. 147-153, 7 s. 2017
Nakladatel
Ekonóm, University of Economics in Bratislava
Další údaje
Jazyk
angličtina
Typ výsledku
Stať ve sborníku
Obor
50202 Applied Economics, Econometrics
Utajení
není předmětem státního či obchodního tajemství
Forma vydání
tištěná verze "print"
Kód RIV
RIV/47813059:19520/17:00010783
Organizační jednotka
Obchodně podnikatelská fakulta v Karviné
ISBN
978-80-225-4362-0
UT WoS
000411851600019
Klíčová slova anglicky
liquid asset ratio; scenario analysis; panel regression
Návaznosti
GA16-17796S, projekt VaV.
Změněno: 7. 2. 2020 11:00, RNDr. Daniel Jakubík
Anotace
V originále
The aim of this paper is to determine maximum volume of deposits than can be withdrawn from each individual bank from the Czech banking sector and to identify the determinants of their sensitivity to a bank run. The data cover the period from 2000 to 2014. Although bank liquidity, measured by the liquid asset ratio, decreased during the analyzed period, Czech banks were liquid enough and prepared for a potential bank run. Using panel data regression analysis, we tested seven bank-specific factors and seven macroeconomic factors. The sensitivity of Czech banks to a possible bank run is determined by bank profitability. Among the macroeconomic factors, the interest rate and unemployment rate are relevant. However, the most important factor is the level of bank liquidity: banks with a sufficient buffer of liquid assets are safer than other banks, particularly during periods of financial distress.