Analytical View on the Financial and Social Stability within the Euro Area: Empirical Evidence from Slovakia

Dana Kiselakova, Beata Sofrankova () and Miroslava Soltes
Additional contact information
Dana Kiselakova: Faculty of Management, University of Presov, Konstantinova 16 Street, 080 01 Presov, Slovak Republic,
Miroslava Soltes: Faculty of Management, University of Presov, Konstantinova 16 Street, 080 01 Presov, Slovak Republic

International Journal of Economics and Financial Issues, 2016, vol. 6, issue 4, 1637-1645

Abstract: This paper analyses global risks with focus on factors affecting macroeconomic development in regard to financial and social stability in empirical models from aspect of bank's credibility, in the economy of Slovakia within the Euro area. The relationships between the dependence of the financial stability, risk factors and macroeconomic development have been surveyed spanning a period of 14 years (2001-2014) through the methodology of construction of multiple linear regression models. Established factors of credibility in empirical models - the model of net profit as a model of bank's credibility and the model of capital adequacy as a model of the financial soundness - show common features for other economies. The important risk factor is the growth in the share of non-performing loans of customers and increasing unemployment rate in the economy, as one of the biggest problems in the EU. Empirical models can be applied in other countries and present implications for economic decision-making with focus on decreasing unemployment rate

Keywords: Financial and Social Stability; Risks and Factors of Bank's Credibility; Regression Models (search for similar items in EconPapers)
JEL-codes: C23 G30 G32 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.econjournals.com/index.php/ijefi/article/download/3000/pdf (application/pdf)
http://www.econjournals.com/index.php/ijefi/article/view/3000/pdf (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eco:journ1:2016-04-46

Access Statistics for this article

International Journal of Economics and Financial Issues is currently edited by Ilhan Ozturk

More articles in International Journal of Economics and Financial Issues from Econjournals
Bibliographic data for series maintained by Ilhan Ozturk ().