Detailed Information on Publication Record
2017
Determinants of the Bank Run Sensitivity in Czechia
KLEPKOVÁ VODOVÁ, Pavla and Daniel STAVÁREKBasic 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
Language
English
Type of outcome
Stať ve sborníku
Field of Study
50202 Applied Economics, Econometrics
Confidentiality degree
není předmětem státního či obchodního tajemství
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.
Změněno: 7/2/2020 11:00, RNDr. Daniel Jakubík
Abstract
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The aim of this paper is to determine maximum volume of deposits than can be withdrawn from each individual bank from the Czech banking sector and to identify the determinants of their sensitivity to a bank run.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.