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Wavelet Coherence as a Research Tool for Stability of the Banking System (The Example of Ukraine)
Kharkiv Institute of Banking of the University of Banking of the National Bank of Ukraine, Kharkiv, Ukraine
Department of Informatics, Kharkiv National University of Radio Electronics, Kharkiv, Ukraine
Physics Department, Faculty of Science, University of Tabuk, Tabuk, Saudi Arabia
- 1 Kharkiv Institute of Banking of the University of Banking of the National Bank of Ukraine, Kharkiv, Ukraine
- 2 Department of Informatics, Kharkiv National University of Radio Electronics, Kharkiv, Ukraine
- 3 Physics Department, Faculty of Science, University of Tabuk, Tabuk, Saudi Arabia
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Abstract
The banking system presents an open, multifaceted and meaningful set of different institutional units within a single monetary market. The effectiveness of such a system also largely determines the set of continuous mobilities of financial flows, and the result should determine the stability of the banking system. Accordingly, the work reveals a set of indicators of banking system stability and expediency analysis of available values using wavelet analysis. Wavelet coherence is considered as a tool for wavelet analysis. Based on the analysis we display the impacts on the stability of the banking system in Ukraine in 2005-2015 years.
KeywordsStability of the Banking SystemBankingWavelet CoherenceTime SeriesFrequency-Temporal Area
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