Management of Monetary Policy in the Framework of Decision Making on Setting Interest Rates for Sustainable Social System: Example of the Russian Federation
| Autor: | Zhanna Chupina, Irina Abanina, Valery Abramov, Kira Artamonova, Oksana Yurchenko, Irina Osipova, Pavel Stroev |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2022 |
| Předmět: |
Environmental effects of industries and plants
Renewable Energy Sustainability and the Environment Geography Planning and Development bank interest spread TJ807-830 Management Monitoring Policy and Law sustainable development goals TD194-195 corporate credit Renewable energy sources Environmental sciences credit registry GE1-350 bank interest margin financial stability |
| Zdroj: | Sustainability, Vol 14, Iss 79, p 79 (2022) Sustainability; Volume 14; Issue 1; Pages: 79 |
| ISSN: | 2071-1050 |
| Popis: | This work was based on empirical studies of the credit register and loans issued, which have been compiled by all Russian banks since 2017, for the analysis of bank interest rates by a common factor and subject to the control of the characteristics of the loan. These dates identified bank-specific components in the management information system; also, the same data were used to measure the fragmentation of the accounting lending market in Russia. This paper illustrates the credit market in Russia during the COVID-19 pandemic by analyzing the management of loan rates with existing differences due to the heterogeneity of banks and borrowers in order to achieve a sustainable management system. The results show that the heterogeneity of banks’ decision-making when setting interest rates is high and increased at an early stage of the pandemic. Additionally, the results demonstrate that the banks tightened interest-free lending conditions during the pandemic for sustainable management goals. |
| Databáze: | OpenAIRE |
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