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dc.contributor.authorVodová, Pavla
dc.date.accessioned2016-01-20T10:31:13Z
dc.date.available2016-01-20T10:31:13Z
dc.date.issued2013
dc.identifier.citationE+M. Ekonomie a Management = Economics and Management. 2013, č. 3, s. 113-129.cs
dc.identifier.issn1212-3609 (Print)
dc.identifier.issn2336-5604 (Online)
dc.identifier.urihttp://www.ekonomie-management.cz/download/1404726189_9c18/2013_3+Liquid+Assets+in+Banking+What+matters+in+the+Visegrad+Countries.pdf
dc.identifier.urihttp://hdl.handle.net/11025/17516
dc.format17 s.cs
dc.format.mimetypeapplication/pdf
dc.language.isoenen
dc.publisherTechnická univerzita v Libercics
dc.relation.ispartofseriesE+M. Ekonomie a Management = Economics and Managementcs
dc.rights© Technická univerzita v Libercics
dc.rightsCC BY-NC 4.0cs
dc.subjectlikvidní aktivacs
dc.subjectregresní analýza panelových datcs
dc.subjectobchodní bankycs
dc.subjectzemě V4cs
dc.titleLiquid assets in banking what matters in the visegrad countriesen
dc.typečlánekcs
dc.typearticleen
dc.rights.accessopenAccessen
dc.type.versionpublishedVersionen
dc.description.abstract-translatedThe recent financial crisis has shown that a liquidity risk plays an important role in the current developed financial system. Some Hungarian and Polish banks suffered liquidity problems, too. This paper therefore aims to describe development of liquid asset ratio and to find out determinants which affect their values in the Visegrad countries. The data cover the period from 2000 to 2011. Liquidity of Czech banks declined in 2000–2009 (due to higher lending activity and decrease of balances with central banks and other banks) but it has improved during last two years. Liquidity of Slovak banks has decreased in 2009 and 2010 due to impact of financial crisis on some economic sectors and due to changes in interbank market transactions. Very similar is the development of liquid asset ratio in Hungary and Poland where it has gone down during last five years due to important structural weaknesses such as very high loan-to-deposit ratio, high share of foreign debts, and negative net position in the interbank market. Furthermore, we focus on determinants of liquid asset ratio. Results of the panel data regression analysis showed that the liquid asset ratio is mostly influenced by the size of the bank, its capital adequacy and profitability. Also overall macroeconomic conditions, such as growth rate of gross domestic product, the existence of financial crisis, exchange rate or rate of unemployment and the development of interest rates (both on loans and interbank transaction) are important. Although the Visegrad countries have a lot in common, different factors determined liquid asset ratio in individual countries and also the direction of influence of some factors may differ.en
dc.subject.translatedliquid assetsen
dc.subject.translatedpanel data regression analysisen
dc.subject.translatedcommercial banksen
dc.subject.translatedVisegrad 4 countriesen
dc.type.statusPeer-revieweden
Vyskytuje se v kolekcích:Číslo 3 (2013)
Číslo 3 (2013)

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