Transmission channels of crisis situations in the Russian federation and their identification |
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Authors: | E. A. Fedorova D. O. Afanasyev |
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Affiliation: | 1. Financial University under the Government of the Russian Federation, Moscow, Russia
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Abstract: | The article identifies significant transmission channels of crisis situations in the Russian economy (based on the application of a Markov regime-switching model and the likelihood ratio test). A system of comprehensive crisis indicators has been developed that makes it possible to predict the probability of a crisis in the Russian Federation for one month, a quarter-year, and a half-year ahead. |
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