Trust cycle of the finance sector and its determinants: The case of Ukraine

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04130081%3A_____%2F19%3AN0000067" target="_blank" >RIV/04130081:_____/19:N0000067 - isvavai.cz</a>

Result on the web

<a href="https://www.jois.eu/?572,en_trust-cycle-of-the-finance-sector-and-its-determinants-the-case-of-ukraine" target="_blank" >https://www.jois.eu/?572,en_trust-cycle-of-the-finance-sector-and-its-determinants-the-case-of-ukraine</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.14254/2071-8330.2019/12-4/20" target="_blank" >10.14254/2071-8330.2019/12-4/20</a>

Result language

angličtina

Original language name

Trust cycle of the finance sector and its determinants: The case of Ukraine

Original language description

The paper presents the results of exploring the characteristics of trust cycle in the financial sector of the economy in general and across its main components (trust in banking and non-bank financial and credit systems) illustrated by the economy in transition-Ukraine-for the period 1st quarter 2009-1st quarter 2018. Determinants of nonlinear dynamics of public trust in the financial sector of the economy were also identified. For this purpose, an algorithm has been developed that enables studying the cyclical nature of public trust in the financial sector and testing the hypotheses about the determinants of its nonlinear dynamics. To highlight the cyclical component of the time series, harmonic analysis via Fourier transformations was used. In order to analyze public trust in the financial sector and its main components the following indicators were used: absolute volatility, relative volatility (in relation to financial and business cycles), the persistence of actual values and cyclic components, correlation with financial and business cycles. Our main result is that trust in the banking system has a greater cyclical amplitude than the national economy, the financial sector of the economy, and psychological dimensions of economic agents (a propensity to save and financial savings). High volatility of trust in the banking system indicates that any news or an event could lead to destabilization processes, ignoring of which may lead to a banking crisis.

Czech name

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Czech description

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Type

J_SC - Article in a specialist periodical, which is included in the SCOPUS database

CEP classification

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OECD FORD branch

50206 - Finance

Project

—

Continuities

N - Vyzkumna aktivita podporovana z neverejnych zdroju

Publication year

2019

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Journal of International Studies

ISSN

2071-8330

e-ISSN

2306-3483

Volume of the periodical

12

Issue of the periodical within the volume

4

Country of publishing house

PL - POLAND

Number of pages

25

Pages from-to

300-324

UT code for WoS article

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EID of the result in the Scopus database

2-s2.0-85077458836