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The Model of the Russian Banking System with Indicators Nominated in Rubles and in Foreign Currency

  • Nikolai Pilnik
  • Stanislav RadionovEmail author
  • Artem Yazikov
Conference paper
Part of the Communications in Computer and Information Science book series (CCIS, volume 974)

Abstract

We propose a model of the Russian banking system. It is based on the problem of a macroeconomic agent “bank” which is modeled according to the principles of aggregated description, optimality, and perfect foresight. To derive the equations of the model, we use the original method of relaxation of complementary slackness conditions. The model successfully reproduces main indicators of the banking system, such as total loans, deposits, settlement accounts, reserves and profits nominated both in rubles and in foreign currency.

Keywords

Banking system Optimal control Complementary slackness conditions 

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Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  1. 1.National Research University Higher School of EconomicsMoscowRussia
  2. 2.Federal Research Center “Computer Science and Control” of the RASMoscowRussia
  3. 3.Lebedev Physical Institute of the RASMoscowRussia
  4. 4.Moscow Institute of Physics and Technology (Technical University)DolgoprudnyRussia
  5. 5.Financial Research Institute of the Ministry of Finance of the Russian FederationMoscowRussia

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