IDEAS home Printed from https://ideas.repec.org/a/spr/sorede/v30y2019i6d10.1134_s1075700719060121.html
   My bibliography  Save this article

Impact of Actual Interest Rates on the Debt Stock of Private Sector

Author

Listed:
  • A. K. Moiseev

    (Institute for Economic Forecasting, Russian Academy of Sciences)

  • M. V. Cherkovets

    (Institute for Economic Forecasting, Russian Academy of Sciences)

Abstract

The purpose of this study is to analyze the dynamics of the private sector’s debt stock in the context of interest rate changes and to assess the corresponding changes in macro-financial parameters. The private sector is structured into two groups—nonfinancial corporations (business) and households (population), for each of which, along with the changes in interest rates, other factors of debt behavior are analyzed. The study includes Russia, the United States, France, Germany, and Finland1. The values ​​of an actual credit rate are calculated, its dynamics are compared with the dynamics of the statistical indicators of the average credit rate. When analyzing the dynamics of credit debt, the changes in a nominal volume of debt and a volume of payments for debt servicing are taken into account, and the net increase (decrease) in the debt stock is calculated.

Suggested Citation

  • A. K. Moiseev & M. V. Cherkovets, 2019. "Impact of Actual Interest Rates on the Debt Stock of Private Sector," Studies on Russian Economic Development, Springer, vol. 30(6), pages 614-626, November.
    • Handle: RePEc:spr:sorede:v:30:y:2019:i:6:d:10.1134_s1075700719060121
    DOI: 10.1134/S1075700719060121
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1134/S1075700719060121
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1134/S1075700719060121?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. V. V. Ivanter, 2018. "Prospects of Economic Development in Russia," Studies on Russian Economic Development, Springer, vol. 29(3), pages 225-227, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. D. B. Kuvalin & A. K. Moiseev & A. A. Shirov, 2020. "The Impact of Price Dynamics in Russia on Monetary Policy and Economic Development," Studies on Russian Economic Development, Springer, vol. 31(5), pages 533-540, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. D. B. Kuvalin & A. K. Moiseev & Yu. V. Zinchenko, 2019. "Russian Enterprises at the End of 2018: Analysis of Global Sustainable Development Goals and Difficulties in Obtaining Bank Loans," Studies on Russian Economic Development, Springer, vol. 30(3), pages 334-345, May.
    2. G. Kh. Batov & N. N. Volodina & V. V. Sutyagin, 2023. "Modernization of the Macroregional Economy Using Project Management (the Case of the North Caucasian Federal District)," Studies on Russian Economic Development, Springer, vol. 34(4), pages 527-535, August.
    3. D. B. Kuvalin & A. K. Moiseev & P. A. Lavrinenko, 2018. "Russian Enterprises in Spring 2018: Skepticism about the Quality of the Economic Policies of the State and Complication of the Situation with Labor Resources," Studies on Russian Economic Development, Springer, vol. 29(6), pages 673-682, November.
    4. B. N. Porfiryev & A. A. Shirov & M. N. Uzyakov & M. S. Gusev & I. N. Shokin, 2020. "The Main Directions of Socio-Economic Development of Russia in 2020–2024 and for the Period up to 2035," Studies on Russian Economic Development, Springer, vol. 31(3), pages 245-253, May.
    5. G. Kh. Batov, 2021. "Imperatives of Technological Development of a Problem Macroregion (a Case Study of the North Caucasian Federal District)," Studies on Russian Economic Development, Springer, vol. 32(4), pages 424-430, July.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sorede:v:30:y:2019:i:6:d:10.1134_s1075700719060121. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.