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On Limits of the Influence of the Bank of Russia Key Rate on Indicators of the Russian Banking System

Author

Listed:
  • N. P. Pilnik

    (National Research University Higher School of Economics
    Financial Research Institute of the Ministry of Finance of the Russian Federation)

  • I. G. Pospelov

    (National Research University Higher School of Economics
    Federal Research Center Computer Science and Control, Russian Academy of Sciences)

  • S. A. Radionov

    (National Research University Higher School of Economics
    Financial Research Institute of the Ministry of Finance of the Russian Federation)

Abstract

— The article presents several scenarios for the development of the situation in the Russian banking system depending on different variants of changes in the Bank of Russia key rate. The scenarios are calculated using an optimization model of the Russian banking system, built on the principles of general equilibrium models, and an econometric add-on that allows the use of consistent scenarios of exogenous variables.

Suggested Citation

  • N. P. Pilnik & I. G. Pospelov & S. A. Radionov, 2020. "On Limits of the Influence of the Bank of Russia Key Rate on Indicators of the Russian Banking System," Studies on Russian Economic Development, Springer, vol. 31(2), pages 229-237, March.
    • Handle: RePEc:spr:sorede:v:31:y:2020:i:2:d:10.1134_s1075700720020082
    DOI: 10.1134/S1075700720020082
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    References listed on IDEAS

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    1. Zuzana Fungácová & Laura Solanko & Laurent Weill, 2010. "Market power in the russian banking industry," International Economics, CEPII research center, issue 124, pages 127-146.
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    9. Ilya Khankov & Henry Penikas, 2015. "Modelling Probability of Default of Russian Banks and Companies Using Copula Models," DEM Working Papers Series 113, University of Pavia, Department of Economics and Management.
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    Cited by:

    1. L. V. Krylova & S. V. Krylov & A. F. Mudretsov & A. A. Prudnikova, 2022. "Structural Changes in the Russian Banking System: Directions and Evaluation," Studies on Russian Economic Development, Springer, vol. 33(1), pages 100-106, February.
    2. N. P. Pil’nik & S. A. Radionov, 2022. "Forecasting Interest Rates and Maturity Indicators in the Russian Banking System," Studies on Russian Economic Development, Springer, vol. 33(3), pages 344-352, June.

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