Author(s)

Nataliia Pogorelenko¹, Vyacheslav V. Lyashenko², Mohammad Ayaz Ahmad^3*

¹Kharkiv Institute of Banking of the University of Banking of the National Bank of Ukraine, Kharkiv, Ukraine.
²Department of Informatics, Kharkiv National University of Radio Electronics, Kharkiv, Ukraine.
³Physics Department, Faculty of Science, University of Tabuk, Tabuk, Saudi Arabia.

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.

Stability of the Banking System, Banking, Wavelet Coherence, Time Series, Frequency-Temporal Area

Pogorelenko, N. , Lyashenko, V. and Ahmad, M. (2016) Wavelet Coherence as a Research Tool for Stability of the Banking System (The Example of Ukraine). Modern Economy, 7, 955-965. doi: 10.4236/me.2016.79098.