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- W3040168103 abstract "After the global financial crisis, financial stability became an additional goal of monetary authorities. The complexity of implementation of this goal stems not only from the absence of a generally accepted definition of financial stability, but also from the lack of its quantitative indicators. Moreover, there is no consensus about the link between the main central bank goal of ensuring price stability and financial stability. Our estimates of the link betweeen the Bank of Russia's goals of price and financial stability sgow that contradictions between these goals arise only in adverse conditions (crisis periods). This allows the Bank of Russia to use its interest rate policy to maintain the stability of the financial market." @default.
- W3040168103 created "2020-07-10" @default.
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- W3040168103 date "2020-01-01" @default.
- W3040168103 modified "2023-09-27" @default.
- W3040168103 title "Analysis of financial stability as an additional goal of the policy of central banks [Анализ Финансовой Стабильности Как Дополнительной Цели Политики Центральных Банков]" @default.
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