devterРазвитие территорийTerritory Development2412-8945Сибирский институт управления10.32324/2412-8945-2025-3-18-29YVBCRLdevter-609Research ArticleЭКОНОМИЧЕСКИЕ ИССЛЕДОВАНИЯECONOMIC RESEARCHАнализ взаимного влияния денежно-кредитной политики и финансового положения домохозяйствAnalysis of the mutual impact of monetary policy and the financial situation of householdsБожечковаА. В.BozhechkovaA. V.

Божечкова Александра Викторовна — кандидат экономических наук, ведущий научный сотрудник 

Москва 

Alexandra V. Bozhechkova — Candidate of Economic Sciences, Senior Researcher 

Moscow 

bojechkova@ranepa.ruГайдышеваЕ. Е.GaidyshevaE. E.

Гайдышева Екатерина Евгеньевна — стажер-исследователь, Центр изучения проблем центральных банков 

Москва 

Ekaterina E. Gaidysheva — Intern Researcher 

Moscow 

gaydysheva-ee@ranepa.ruЯковлеваИ. И.YakovlevaI. I.

Яковлева Ирина Игоревна — младший научный сотрудник, Центр изучения проблем центральных банков 

Москва 

Irina I. Yakovleva — Junior Research Assistant 

Moscow 

yakovleva-ii@ranepa.ruЦентр изучения проблем центральных банков, Институт прикладных экономических исследований, Российская академия народного хозяйства и государственной службы при Президенте Российской ФедерацииCenter for the Study of Central Banking Problems, Institute of Applied Economic Research, Russian Presidential Academy of National Economy and Public Administration20250210202503 (41)1829Copyright © Божечкова А.В., Гайдышева Е.Е., Яковлева И.И., 20252025Божечкова А.В., Гайдышева Е.Е., Яковлева И.И.Bozhechkova A.V., Gaidysheva E.E., Yakovleva I.I.Данная работа распространяется под лицензией Creative Commons Attribution 4.0.This work is licensed under a Creative Commons Attribution 4.0 License.https://devter.elpub.ru/jour/article/view/609

В статье представлен анализ механизмов взаимного влияния денежно-кредитной политики и финансового положения домашних хозяйств в российской экономике. Изучение тенденций в области дифференциации финансового положения домашних хозяйств в России свидетельствует о существенном уровне неравенства, учет которого является важным при анализе последствий денежнокредитной политики и определении условий эффективной работы трансмиссионного механизма монетарной политики. Снижение неравенства в российской экономике будет способствовать дальнейшему улучшению работы трансмиссионного механизма монетарной политики.

The article presents the analysis of mechanisms of mutual influence of monetary policy and the financial situation of households in the Russian economy. The study of trends in the differentiation of the financial situation of households in Russia indicates a significant level of inequality, which is important to be taken into account when analyzing the effects of monetary policy and determining the conditions for the effective operation of the transmission mechanism of monetary policy. Reducing inequality in the Russian economy will further improve the operation of the transmission mechanism of monetary policy.

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The authors declare that there are no conflicts of interest present.