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

Author

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  • 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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    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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