Analysis of the mutual impact of monetary policy and the financial situation of households
https://doi.org/10.32324/2412-8945-2025-3-18-29
EDN: YVBCRL
Abstract
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.
Keywords
monetary policy,
financial situation of households,
heterogeneity of economic agents,
interest rate,
inequality
Supporting agencies: the article was prepared as part of the research work of the RANEPA state assignment.
About the Authors
A. V. Bozhechkova
Center for the Study of Central Banking Problems, Institute of Applied Economic Research, Russian Presidential Academy of National Economy and Public Administration
Russian Federation
Russian Federation
Alexandra V. Bozhechkova — Candidate of Economic Sciences, Senior Researcher
Moscow
E. E. Gaidysheva
Center for the Study of Central Banking Problems, Institute of Applied Economic Research, Russian Presidential Academy of National Economy and Public Administration
Russian Federation
Russian Federation
Ekaterina E. Gaidysheva — Intern Researcher
Moscow
I. I. Yakovleva
Center for the Study of Central Banking Problems, Institute of Applied Economic Research, Russian Presidential Academy of National Economy and Public Administration
Russian Federation
Russian Federation
Irina I. Yakovleva — Junior Research Assistant
Moscow
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For citations:
Bozhechkova A.V., Gaidysheva E.E., Yakovleva I.I. Analysis of the mutual impact of monetary policy and the financial situation of households. Territory Development. 2025;(3 (41)):18-29. (In Russ.) https://doi.org/10.32324/2412-8945-2025-3-18-29. EDN: YVBCRL
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