Subject This article considers the parameters of financial regulation of the long-term economic growth of Russia. Objectives The article aims to identify the main instruments of financial regulation and their impact on the long-term economic growth of Russia. Methods For the study, we used a systems approach and the methods of statistical analysis. Results The article defines and presents parameters of financial stimulation of economic development of the Russian Federation for a long-term period. Relevance The results of the study may be used by the State authorities to amend the relevant Federal laws.
Aganbegyan A.G. [How national budget can provide economic growth]. Voprosy Ekonomiki, 2015, no. 7, pp. 142–151. URL: Link (In Russ.)
Makarov V.L., Afanas'ev A.A., Losev A.A. [Computable simulation model for money circulation in the Russian economy]. Ekonomika i matematicheskie metody = Economics and Mathematical Methods, 2011, vol. 47, no. 1, pp. 3–27. URL: Link (In Russ.)
Reinhart C.M., Rogoff K.S. Recovery from Financial Crises: Evidence from 100 Episodes. American Economic Review, 2014, vol. 104, iss. 5, pp. 50–55. URL: Link
Devereux M.B., Yu C. International Financial Integration and Crisis Contagion. Federal Reserve Bank of Dallas. Globalization and Monetary Policy Institute Working Paper, 2014, no. 197. URL: Link
Bianchi J., Bigio S. Banks, Liquidity Management and Monetary Policy. NBER Working Paper, September 2014, no. 20490. URL: Link
Farhi E., Werning I. A Theory of Macroprudential Policies in the Presence of Nominal Rigidities. Econometrica, 2016, vol. 84, iss. 5, pp. 1645–1704. URL: Link
Buch C.M., Goldberg L.S. International Banking and Liquidity Risk Transmission: Lessons from Across Countries. IMF Economic Review, 2015, vol. 63, iss. 3, pp. 377–410. URL: Link
Kashyap A.K., Tsomocos D.P., Vardoulakis A.P. How Does Macroprudential Regulation Change Bank Credit Supply? NBER Working Paper, May 2014, no. 20165. URL: Link
Farhi E., Tirole J. Collective Moral Hazard, Maturity Mismatch, and Systemic Bailouts. NBER Working Paper, July 2009, no. 15138. URL: Link
Demirgüç-Kunt A., Kane E.J., Laeven L. Deposit Insurance Database. NBER Working Paper, July 2014, no. 20278. URL: Link##
Acharya V.V., Engle R., Pierret D. Testing Macroprudential Stress Tests: The Risk of Regulatory Risk Weights. Journal of Monetary Economics, 2014, vol. 65(C), pp. 36–53. URL: Link
Eichengreen B., Dincer N. Who Should Supervise? The Structure of Bank Supervision and the Performance of the Financial System? NBER Working Paper, September 2011, no. 17401. URL: Link
Obstfeld M. The International Monetary System: Living with Asymmetry. NBER Working Paper, December 2011, no. 17641. URL: Link
Dominguez K.M.E., Hashimoto Y., Ito T. International Reserves and the Global Financial Crisis. NBER Working Paper, August 2011, no. 17362. URL: Link
Aizenman J. Hoarding International Reserves Versus a Pigovian Tax-Cum-Subsidy Scheme: Reflections on the Deleveraging Crisis of 2008–9, and a Cost Benefit Analysis. NBER Working Paper, November 2009, no. 15484. URL: Link
Aizenman J., Cheung Y.W., Ito H. International Reserves Before and After the Global Crisis: Is There No End to Hoarding? NBER Working Paper, August 2014, no. 20386. URL: Link
Beshears J., Choi J.J., Laibson D., Madrian B.C. Behavioral Household Finance. NBER Working Paper, July 2018, no. 24854. URL: Link
Argyle B., Nadauld T.D., Palmer C., Pratt R.D. The Capitalization of Consumer Financing into Durable Goods Prices. NBER Working Paper, June 2018, no. 24699. URL: Link
Viceira L.M., Zixuan (Kevin) Wang. Global Portfolio Diversification for Long-Horizon Investors. NBER Working Paper, May 2018, no. 24646. URL: Link
Berger D.W., Milbradt K., Tourre F., Vavra J. Mortgage Prepayment and Path-Dependent Effects of Monetary Policy. NBER Working Paper, October 2018, no. 25157. URL: Link
Castellanos S.G., Hernández D.J., Mahajan A., Seira E. Financial Inclusion and Contract Terms: Experimental Evidence from Mexico. NBER Working Paper, July 2018, no. 24849. URL: Link
Baugh B., Ben-David I., Park H., Parker J.A. Asymmetric Consumption Response of Households to Positive and Negative Anticipated Cash Flows. NBER Working Paper, September 2018, no. 25086. URL: Link
Ganong P., Noel P. Liquidity vs. Wealth in Household Debt Obligations: Evidence from Housing Policy in the Great Recession. NBER Working Paper, August 2018, no. 24964. URL: Link
Ericson K.M., Sydnor J.R. Liquidity Constraints and the Value of Insurance. NBER Working Paper, September 2018, no. 24993. URL: Link
Campbell J.Y., Ramadorai T., Ranish B. Do the Rich Get Richer in the Stock Market? Evidence from India. NBER Working Paper, August 2018, no. 24898. URL: Link
Corbae D., Glover A. Employer Credit Checks: Poverty Traps versus Matching Efficiency. NBER Working Paper, September 2018, no. 25005. URL: Link
Liberman A., Neilson C., Opazo L., Zimmerman S. The Equilibrium Effects of Information Deletion: Evidence from Consumer Credit Markets. NBER Working Paper, September 2018, no. 25097. URL: Link
Baker S.R., Kueng L., McGranahan L., Melzer B.T. Do Household Finances Constrain Unconventional Fiscal Policy? NBER Working Paper, November 2018, no. 25212. URL: Link
Ambuehl S., Bernheim B.D., Ersoy F., Harris D. Peer Advice on Financial Decisions: A case of the blind leading the blind? NBER Working Paper, September 2018, no. 25034. URL: Link
Anderson A., Robinson D.T. Who Feels the Nudge? Knowledge, Self-Awareness and Retirement Savings Decisions. In: Swedish House of Finance Research Paper No. 17-15, 30th Australasian Finance and Banking Conference, 2017. URL: Link
McDonald R.L., Rietz T.A. Ratings and Asset Allocation: An Experimental Analysis. NBER Working Paper, September 2018, no. 25046. URL: Link
Pochitaev A.Yu., Akhmetov R.R. [Three-dimensional financial security model as a tool for financial strategy formation in the context of value-based management]. Ekonomicheskii analiz: teoriya i praktika = Economic Analysis: Theory and Practice, 2017, vol. 16, iss. 3, pp. 545–560. (In Russ.) URL: Link
Igonina L.L. [Theoretical views of the substance of the financial system]. Finansovaya analitika: problemy i resheniya = Financial Analytics: Science and Experience, 2017, vol. 10, iss. 1, pp. 114–124. (In Russ.) URL: Link
Zvonova E.A. [Management of international reserves of the Bank of Russia and the national economic security]. Natsional'nye interesy: prioritety i bezopasnost' = National Interests: Priorities and Security, 2018, vol. 14, iss. 1, pp. 4–18. (In Russ.) URL: Link
