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Transmission channels of crisis situations in the Russian federation and their identification
Authors:E. A. Fedorova  D. O. Afanasyev
Affiliation:1. Financial University under the Government of the Russian Federation, Moscow, Russia
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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