Template-Type: ReDIF-Chapter 1.0
Author-Name: V. Mau
Author-Name: A. Bozhechkova
Author-Name: A. Kiyutsevskaya
Author-Name: P. Trunin
Author-Name: S. Belev
Author-Name: A. Alaev
Author-Name: A. Mamedov
Author-Name: E. Fomina
Author-Name: A. Abramov
Author-Name: A. Shadrin
Author-Name: O. Izriadnova
Author-Name: S. Drobyshevskiy
Author-Name: M. Kazakova
Author-Name: S. Tsukhlo
Author-Name: G. Idrisov
Author-Name: A. Kaukin
Author-Name: Yu. Ponomarev
Author-Name: Yu. Bobylev
Author-Name: E. Gataulina
Author-Name: N. Shagaida
Author-Name: V. Uzun
Author-Name: R. Ianbykh
Author-Name: N. Volovik
Author-Name: M. Baeva
Author-Name: A. Knobel
Author-Name: L. Karachurina
Author-Name: T. Kliachko
Author-Name: I. Dezhina
Author-Name: G. Malginov
Author-Name: A. Radygin
Author-Name: G. Zadonskiy
Author-Name: E. Apevalova
Author-Name: N. Polezhaeva
Author-Name: G. Sternik
Author-Name: V. Tsymbal
Author-Name: I. Starodubrovskaya
Author-Name: K. Kazenin
Author-Name: V. Zatsepin
Author-Workplace-Name: Gaidar Institute for Economic Policy
In-Book: RePEc:gai:gbooks:RE37-2015-en
Title: Section 3.  Financial Markets and Financial Institutions 
Book-Title:Russian Economy in 2015. Trends and Outlooks. (Issue 37)
Abstract: The year 2015 saw a continuation of the longest slump in the history of Russia's stock market, which had started in May 2008. In 1997–1998, after the RTS Index had dropped by 91.3%, and the MICEX Index - by 73.0%, from their pre-crisis highs over a period that lasted slightly more than a year, they both managed to recover their former quotes in 58 and 8 months respectively (Table 1). Now, as of February 2016, after their plummet during the acute phase of the 2008 crisis, both these stock indices have never recovered: the MICEX Index over the period of 88 months, and the RTS Index – 85 months. 
Classification-JEL:
Keywords: Russian Economy, Financial Markets
Pages: 83-170
Chapter: 3
Edition: 1
Year: 2016
File-URL: https://www.iep.ru/files/RePEc/gai/gbchap/RE37-03-en.pdf
File-Format: Application/pdf
Handle: RePEc:gai:gbchap:RE37-03-en