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Article

Детерминанты ставки процента по кредиту коммерческого банка: теория и эмпирический анализ

Брюханов М. В., Назаренко А. М., Васильева А. А.

This paper examines the determinants of the cost of credit to enterprises using data from the 2005 Business Environment and Enterprise Performance Survey (BEEPS) for European Bank for Reconstruction and Development. We estimate an empirical model of the cost of the firm's most recent loan and show impact of monetary policy tool, such as nominal interest rate.