KLEPKOVÁ VODOVÁ, Pavla and Daniel STAVÁREK. Determinants of the Bank Run Sensitivity in Czechia. In 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". Bratislava: Ekonóm, University of Economics in Bratislava, 2017, p. 147-153. ISBN 978-80-225-4362-0.
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Basic information
Original name Determinants of the Bank Run Sensitivity in Czechia
Authors KLEPKOVÁ VODOVÁ, Pavla (203 Czech Republic, belonging to the institution) and Daniel STAVÁREK (203 Czech Republic, belonging to the institution).
Edition 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" p. 147-153, 7 pp. 2017.
Publisher Ekonóm, University of Economics in Bratislava
Other information
Original language English
Type of outcome Proceedings paper
Field of Study 50202 Applied Economics, Econometrics
Confidentiality degree is not subject to a state or trade secret
Publication form printed version "print"
RIV identification code RIV/47813059:19520/17:00010783
Organization unit School of Business Administration in Karvina
ISBN 978-80-225-4362-0
UT WoS 000411851600019
Keywords in English liquid asset ratio; scenario analysis; panel regression
Links GA16-17796S, research and development project.
Changed by Changed by: RNDr. Daniel Jakubík, učo 139797. Changed: 7/2/2020 11:00.
Abstract
The aim of this paper is to determine maximum volume of deposits than can be withdrawn from each individual bank from the Czech banking sector and to identify the determinants of their sensitivity to a bank run.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.
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