TITLE:
Wavelet Coherence as a Research Tool for Stability of the Banking System (The Example of Ukraine)
AUTHORS:
Nataliia Pogorelenko, Vyacheslav V. Lyashenko, Mohammad Ayaz Ahmad
KEYWORDS:
Stability of the Banking System, Banking, Wavelet Coherence, Time Series, Frequency-Temporal Area
JOURNAL NAME:
Modern Economy,
Vol.7 No.9,
August
12,
2016
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.