ВЛИЯНИЕ РЕЗЕРВНЫХ ТРЕБОВАНИЙ БАНКА РОССИИ НА СОСТОЯНИЕ БАНКОВСКОЙ ЛИКВИДНОСТИ И ДЕНЕЖНОЙ МАССЫ

Resultado de pesquisa: Articlerevisão de pares

Resumo

Importance The paper reveals the economic relationships in the sphere of banking, deposits, the averaging ratio of mandatory reserves and mandatory reserves ratios.

Objectives The paper aims to study the effect of mandatory reserves averaging ratio and legal ratios of mandatory reserves on banking liquidity and money supply.

Methods The study rests on the logical and comparative analyses, decomposition and generalization methods. The empirical part of the study is based on the official statistics data of Bank of Russia processing.

Results We identify the features of existing regulatory tools of mandatory reserves and show the divergent influence of the reserve instruments on bank liquidity and money supply. We also show the negative implications of increasing regulatory burden on banks.

Conclusions and Relevance The procedure of required reserves reduces the liquidity and investment opportunities of a number of credit institutions and, as a result, destroys some medium-sized and small regional banks. This all worsens competition in the banking market. To mitigate regulatory burden, the differentiated reserve requirements on deposit liabilities of various banks should be considered. In general, the existing system of mandatory redundancy, despite its shortcomings, contributes to the overall liquidity of the cash market and increases the money supply in circulation. The results obtained can be useful to researchers involved in monetary regulation, bank staff, teachers and students.
Título traduzido da contribuiçãoThe impact of Bank of Russia reserve requirements on bank liquidity and money supply
Idioma originalRussian
Páginas (de-até)1597-1613
Número de páginas17
RevistaФинансы и кредит
Volume23
Número de emissão27(747)
DOIs
Estado da publicaçãoPublished - 2017

GRNTI

  • 06.73.00

Level of Research Output

  • VAK List

Impressão digital

Mergulhe nos tópicos de investigação de “ВЛИЯНИЕ РЕЗЕРВНЫХ ТРЕБОВАНИЙ БАНКА РОССИИ НА СОСТОЯНИЕ БАНКОВСКОЙ ЛИКВИДНОСТИ И ДЕНЕЖНОЙ МАССЫ“. Em conjunto formam uma impressão digital única.

Citar isto