Russian Banking System: Stability Factors In the Wake of 2008-2009 Crisis

Andrey Zubarev

Working Papers from Gaidar Institute for Economic Policy

Abstract: This paper discusses different approaches to theoretical and empirical models of bank defaults. Through constructed binary probabilistic models of defaults the paper reveals key factors which have an impact on the viability of Russian banks during the financial crisis of 2008 to 2009. Policy recommendations of the Central Bank of Russia and the banking supervision and regulation aimed at preventing bank defaults in the event of such crises in the future are formulated based on the model results.

Keywords: bank default; financial crisis; binary models; policy of the Central Bank of Russia. (search for similar items in EconPapers)
JEL-codes: E41 E51 E58 G21 G24 G28 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2013, Revised 2013
New Economics Papers: this item is included in nep-ban, nep-cis, nep-cwa, nep-mac and nep-tra
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https://www.iep.ru/files/RePEc/gai/wpaper/0049Zubarev.pdf Revised version, 2013 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:gai:wpaper:0049

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