Analysis of Transmission Mechanisms of Money and Credit Policy in Russia's Economy

This paper is about the study of mechanisms of money transmission in Russia's economy based on the econometric analysis of macrodata as well as on the data about commercial banks balances. The authors demonstrated that for the last several years the channel of bank credit and the channel of household wealth played important role. This fact reflects an increased importance of the banking system in funding the real sector and in forming consumption demand.

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Year of publication:	2008
Authors:	Drobyshevsky, Sergey ; Trunin, Pavel ; Kamenskikh, M.
Published in:	Research Paper Series. - Gaidar Institute for Economic Policy. - 2008, 116P
Publisher:	Gaidar Institute for Economic Policy
Subject:	Transmission Mechanism \| Money Policy \| Credit Policy

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Extent:	application/pdf
Type of publication:	Article
Classification:	E52 - Monetary Policy (Targets, Instruments, and Effects) ; E58 - Central Banks and Their Policies ; C32 - Time-Series Models ; C33 - Models with Panel Data
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010597971