The Russian Landing Rate, Central Bank’s Policy Related Rate and Intermediation Premium
This paper illustrates asymmetries in the Russian intermediation premium as measured by the spread between the commercial lending rate and the Central Bank’s policy related rate. Empirical results have shown that the Russian intermediation premium adjusts to the threshold faster when the Central Ba...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
IEECA
2017-04-01
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Series: | Journal of Eastern European and Central Asian Research |
Online Access: | https://ieeca.org/journal/index.php/JEECAR/article/view/155 |