أثر النقود الالكترونية في السيولة المصرفية : دراسة حالة على المصارف العراقية للمدة (2011-2020)‎

الملخص EN

The problem of liquidity is one of the most serious problems facing banks in all countries of the world.

Because it is an important component that maintains the continuity of the bank's business, Electronic money has emerged as a revolutionary technology solution to traditional payment methods, this study shows the role of electronic money in mitigating the liquidity crisis in Iraqi banks for the period (2011-2020).

The study is based on the hypothesis that the use of electronic money will have a direct effect on alleviating the liquidity crisis; the types of electronic money are expressed as independent variables, which are electronic instruments and electronic transfers, while liquidity was expressed as a dependent variable.

Conducting modern standard tests on the variables with the help of the statistical program (Eviews10).

The tests were like time series analysis, such as the Stability Test (Dickey-Fuller (ADF)).

Also, a joint integration test was conducted, using the (Bound Test) methodology.

Estimating the relationship in the short run according to the (ARDL) model.

Autoregressive Distributed Lag Model, And the statement of the causal relationship according to the Granger test.

The results of the tests maintaing, There is a positive effect between electronic transfers and liquidity, in a very small percentage, and by (0.00039), while the results showed a negative relationship, with a very small percentage (0.00016), between electronic instruments and liquidity, which is the opposite of the economic assumption.

The results also showed that there is no common integration between the electronic money variables represented by electronic checks and electronic transfers on the one hand and the liquidity variable on the other hand.

This result was confirmed by the Granger causality test.

The study recommends that, Developing the electronic payment system in the Central Bank of Iraq, expanding its work, and keeping pace with global technological developments, And the development of communication networks and the Internet in Iraq, as it is the main base on which electronic cash dealing systems operate.