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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.

Wavelet Coherence as a Research Tool for Stability of the Banking System (The Example of Ukraine)