In this paper, we focus on the liquidity characteristics (stability and maturity) of retail deposits in the Czech Republic and changes in the structure of retail deposit products that occurred because of low interest-rate environment. Retail deposits are a primary source of funding for banks in...

Oil price shocks, which materialize in petrol prices, put severe inflationary pressures on countries that rely largely on fossil fuels, causing financial instability. The Renewable Fuel Standard (RFS) program, implemented in the USA in 2005, sanctions blending corn-based ethanol with fuel and...