Impact of Actual Interest Rates on the Debt Stock of Private Sector
- Авторлар: Moiseev A.1, Cherkovets M.1
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Мекемелер:
- Institute for Economic Forecasting, Russian Academy of Sciences
- Шығарылым: Том 30, № 6 (2019)
- Беттер: 614-626
- Бөлім: Economic Policy
- URL: https://journals.rcsi.science/1075-7007/article/view/214532
- DOI: https://doi.org/10.1134/S1075700719060121
- ID: 214532
Дәйексөз келтіру
Аннотация
The purpose of this study is to analyze the dynamics of the private sector’s debt stock in the context of interest rate changes and to assess the corresponding changes in macro-financial parameters. The private sector is structured into two groups—nonfinancial corporations (business) and households (population), for each of which, along with the changes in interest rates, other factors of debt behavior are analyzed. The study includes Russia, the United States, France, Germany, and Finland1. The values of an actual credit rate are calculated, its dynamics are compared with the dynamics of the statistical indicators of the average credit rate. When analyzing the dynamics of credit debt, the changes in a nominal volume of debt and a volume of payments for debt servicing are taken into account, and the net increase (decrease) in the debt stock is calculated.
Авторлар туралы
A. Moiseev
Institute for Economic Forecasting, Russian Academy of Sciences
Хат алмасуға жауапты Автор.
Email: anton.moiseev@gmail.com
Ресей, Moscow
M. Cherkovets
Institute for Economic Forecasting, Russian Academy of Sciences
Email: anton.moiseev@gmail.com
Ресей, Moscow