Demand for consumer loans in Russia: How strong is the interest rate channel of monetary policy?
The booming retail trade and the above-target consumer prices inflation in 2023–2024 in Russia, amid tightening monetary policy stance, raise an issue of the strength of the monetary policy interest rate channel. The focus of our paper is the interest rate elasticity (given inflation expectations) o...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Voprosy Ekonomiki
2025-03-01
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| Series: | Russian Journal of Economics |
| Online Access: | https://rujec.org/article/145314/download/pdf/ |
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