Liquidity Determinants of the Selected Banking Sectors and their Size Groups

Jana Laštůvková
2016 Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis  
LAŠTŮVKOVÁ JANA. 2016. Liquidity Determinants of the Selected Banking Sectors and their Size Groups. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 64(3): 971-978. The article focuses on the factors aff ecting the liquidity of selected bank sectors, as well as their size groups, using panel regression analysis. For higher complexity of the results, multiple dependent variables are used: liquidity creation, outfl ow and net change. The values are calculated based on the
more » ... pecifi c method of liquidity risk measurement -gross liquidity fl ows. The results indicate both multiple eff ects of some factors on the given variables, as well as isolated infl uence of factors on a single liquidity form or size group. Thus, when looking for determinants using just one form of liquidity, such as creation, the results need not necessarily comprehensively show the infl uence of the given factors, and can lead to erroneous conclusions. The results also point to the diff ering behaviours of the size groups and their diff erent sensitivity on the factors; smaller banks have shown higher sensitivity on macroeconomic variables. Higher fl exibility in regulation could lead to higher optimization.
doi:10.11118/actaun201664030971 fatcat:5tizgxncn5b7xcueew4no2qevu