The article summarizes the key results of researches in the field of early warning systems for financial crises, conducted by the Center for Macroeconomic Analysis and Short-Term Forecasting (CMASF) since 2005. The proposed early warning system consists of three major blocks: the leading...

English Abstract: The paper deals with financialization as a process of converting financial capital into fictive and virtual capital, and its separation from the real, productive sphere. It points to the enormous growth of the financial sector during the last decades of the 20th and the...

The English version of this paper can be found at http://ssrn.com/abstract=3941743Russian Abstract: ЕФСР продолжает серию рабочих документов о функционировании Глобальной сети финансовой безопасности...

Russian Abstract: Целью первого опубликованного рабочего документа является устранение пробелов в понимании динамики развития ЕФСР и его роли в Глобальной сети...

Russian Abstract: В представленном аналитическом документе учтены шесть источников антикризисного финансирования - международные резервы, своп-соглашения, ЕФСР, МВФ,...

Russian Abstract: В статье проведен анализ содержания концепта справедливой стоимости, практик и последствий его применения в учете и финансах, его соотнесения с...

English Abstract: This paper reviews the theory of Credit Default Swaps (CDS), the main characteristics of the CDS market, and how to estimate the non-default component of the yield spreads as the basis between the actual CDS premium and the hypothetical CDS premium implied by bond yields. We...

Russian Abstract: В 2021 г. стабилизация макроэкономической ситуации вызвала рост объемов рынка микрофинансирования и результатов деятельности микрофинансовых...

This article is focused on analysis of foreign banks expansion to Russian banking sector and its influence on sector's basic indicators. It compares banking sectors of developing countries to find out the most attractive ones for further increasing of foreign investment. Then it analyses the...

Generalized autoregressive conditional heteroscedasticity in-mean model allows accounting for both time-varying variance and risk premium in financial time series data. This paper introduces an extension of this particular model with more flexible parameterization of the way variance enters the...