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Studies on Russian Economic Development

, Volume 25, Issue 5, pp 500–508 | Cite as

Transmission channels of crisis situations in the Russian federation and their identification

  • E. A. Fedorova
  • D. O. Afanasyev
Financial Problems

Abstract

The article identifies significant transmission channels of crisis situations in the Russian economy (based on the application of a Markov regime-switching model and the likelihood ratio test). A system of comprehensive crisis indicators has been developed that makes it possible to predict the probability of a crisis in the Russian Federation for one month, a quarter-year, and a half-year ahead.

Keywords

Real Exchange Rate RUSSIAN Economic Development Transmission Channel Crisis Situation Monetary Aggregate 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Pleiades Publishing, Ltd. 2014

Authors and Affiliations

  1. 1.Financial University under the Government of the Russian FederationMoscowRussia

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