| | SLO | ENG | Cookies and privacy

Bigger font | Smaller font

Search the digital library catalog Help

Query: search in
search in
search in
search in
* old and bologna study programme

Options:
  Reset


1 - 1 / 1
First pagePrevious page1Next pageLast page
1.
International transmission of conventional and unconventional monetary policy and financial stress shocks from the euro area to Russia
Silvo Dajčman, Alenka Kavkler, Sergey Merzlyakov, Sergey E. Pekarski, Dejan Romih, 2022, original scientific article

Abstract: This paper studies the international transmission of the euro area´s monetary policy and financial stress to Russia. The results show that financial stress in the euro area damages Russian economic activity and stock prices, but not its trade balance. The contractionary euro area monetary policy shock decreases Russian GDP, leads to real appreciation of the euro against the Russian rouble, damages Russian stock prices, but does not significantly affect the trade balance between countries. We also found that the Central Bank of the Russian Federation adjusts to monetary policy shocks in the euro area.
Keywords: conventional monetary policy, unconventional monetary policy, financial stress, Russia, international transmission
Published in DKUM: 26.09.2023; Views: 360; Downloads: 21
.pdf Full text (1,85 MB)
This document has many files! More...

Search done in 1.89 sec.
Back to top
Logos of partners University of Maribor University of Ljubljana University of Primorska University of Nova Gorica