Template-Type: ReDIF-Article 1.0
Author-Name:Sergey Drobyshevsky
Author-Name-First:   Sergey   
Author-Name-Last: Drobyshevsky 
Author-Workplace-Name: Gaidar Institute for Economic Policy
Author-Name:Pavel Trunin
Author-Name-First:Pavel 
Author-Name-Last: Trunin   
Author-Workplace-Name: Gaidar Institute for Economic Policy
Author-Name:M. Kamenskikh
Author-Workplace-Name: Gaidar Institute for Economic Policy
Title:Analysis of Transmission Mechanisms of Money and Credit Policy in Russia's Economy
Abstract: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.
Year: 2008
Issue: 116P
File-URL: http://www.iep.ru/files/RePEc/gai/rpaper/95Drobyshevsky.pdf
File-Format: Application/pdf
File-Function: Revised version, 2012
Classification-JEL: E52, E58, C32, C33
Keywords:Transmission Mechanism, Money Policy, Credit Policy
Handle: RePEc:gai:rpaper:95
Language:ru