Recent slowdown of economic growth forces Russian political authorities to seek for policy measures to support economic activity. Monetary expansion is considered as one of the possible alternatives, which we consider inappropriate. During the whole post-crisis period monetary authorities of...

In recent years the discussion of the role played by reserve currencies in the world economy has reached a new level. Problems caused by the domination of a single reserve currency have not yet been resolved and it remains unclear when and how they will be solved in the future. At the same time,...

The study is dedicated to the search of the factors affecting monetary demand in Russia, and the analysis of the achieved stability level in monetary demand. The analysis of the monetary demand in Russia is made with the help of dynamic least-squares method, allowing to obtain statistically...

The study is dedicated to the search of the factors affecting monetary demand in Russia, and the analysis of the achieved stability level in monetary demand. The analysis of the monetary demand in Russia is made with the help of dynamic least-squares method, allowing to obtain statistically...

Some of Russia's big private banks were faced with the risk of banking license revocation in August–September 2017. The financial resolution of Bank Otkritie and of Binbank was implemented using a new mechanism – The Fund for Banking Sector Consolidation

This paper deals with Russia's monetary policy in 2011. The authors analyze Russia's money morket, inflationary development, main measures in the monetary policy, the balance of payments and the RUR exchange rate

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...

This work deals with the analysis and classification of the existing theoretical and empirical models describing the factors of establishing reserve currencies, and their role in today's global payment system. The important part of the study is devoted to the concept of a regional reserve...

: Analysis of fundamental factors of the CBR’s exchange rate lay at the basis of this publication. The authors review papers which address problems of index construction of real effective exchange rate as well as models of evaluation of the real equilibrium exchange rate. They also analyze...

This research is aimed at revealing both real purpose of activity of Russia's regulatory bodies in monetary and credit sphere and rule for activities of the Bank of Russia in 1999 through 2007. Economic research tasks coincide with revealing of such rule. According to this rule the Central Bank...