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Реформа регулирования достаточности капитала исламских банков
Вопросы экономики. 2024. Т. 8. С. 89–110.
Penikas H. I., Stefanenko V.
Ustyuzhanin V., / Series Econometrics "arxiv". 2026.
This paper proposes Covariate-Balanced Weighted Stacked Difference-in-Differences (CBWSDID), a design-based extension of weighted stacked DID for settings in which untreated trends may be conditionally rather than unconditionally parallel. The estimator separates within-subexperiment design adjustment from across-subexperiment aggregation: matching or weighting improves treated-control comparability within each stacked subexperiment, while the corrective stacked weights of Wing et ...
Added: April 3, 2026
Penikas H. I., Quarterly Journal of Finance 2025
The objective of this work is to study banks’ response to the Basel III capital regulation for global systemically important banks (G-SIBs). The buffer is revised annually. We cannot apply conventional event studies and treatment effect evaluation methodology, so we modify it to account for the multiperiod treatment and the ongoing changes in the composition ...
Added: August 7, 2025
Penikas H. I., Stefanenko V., Экономический журнал Высшей школы экономики 2025 Т. 29 № 9
В сентябре 2023 г. в России был инициирован эксперимент по внедрению партнерского финансирования. Для участия в нем организации проходят процедуру одобрения в Банке России. После одобрения они могут предоставлять финансовые услуги на принципах партнерства.
За полгода до официального начала эксперимента авторы исследования начали сбор данных о ставках, которые банки предлагали населению по традиционным кредитам. Сформированный таким ...
Added: July 19, 2025
Gershman M., Evseeva M., Kameneva E. et al., Вопросы экономики 2025 № 3 С. 48–75
In this article, we analyze the policy of direct subsidizing of academia— industry cooperation projects in Russia. Using the difference in differences method and companies’ microdata, we assess the policy impact on the change in the revenue growth rates of 133 subsidy recipient companies in 2010—2022. It is established that subsidies have the most noticeable ...
Added: March 11, 2025
Vadim Belenkov, Koncha V., Sedashov E., , in: 2024 17th International Conference on Management of Large-Scale System Development (MLSD).: IEEE, 2024. P. 1–3.
We propose a simulation-based approach based on the difference-in-differences model for estimating the causal effects of Internet shutdowns. Using synthetic data, we show that researchers can be largely agnostic about the underlying factors that led to Internet shutdowns when estimating their effects. ...
Added: November 29, 2024
Makushkin M., Финансовый журнал 2024 Т. 16 № 5 С. 43–59
Additional Tier 1 bonds (AT1 bonds) are hybrid financial instruments issued by banks under Basel III. In case of a threat to the financial stability of an institution, these bonds can be converted into equity or written down to help the bank meet capital requirements. AT1 bonds are designed to insure a bank against a ...
Added: November 19, 2024
Kotyrlo E., International Journal of Manpower 2025 Vol. 46 No. 2 P. 310–328
Purpose. This study investigates the effect of teleworkability on labour outcomes across gender, local labour markets, education, marital and parental statuses during COVID-19 in Russia.
Design/methodology/approach. Based on the Russia Longitudinal Monitoring Survey (RLMS-HSE), three classifications of telework are tested. Telework is associated with 1) work from home, 2) workplace digitalisation and 3) the suitability of professional ...
Added: November 3, 2024
Gorodilov A., Sokolov V., Applied Econometrics 2024 Vol. 73 P. 35–58
In this paper we examine the relationship between regulatory bank capital and liquidity creation. We test the “financial fragility-crowding out hypothesis” and the “risk absorption hypothesis” on the sample of 885 Russian banks over the 2010–2019 period. Inspired by Berger and Bouwmanʼs (2009) approach, we develop a liquidity creation measure that simultaneously considers the category ...
Added: May 14, 2024
Dzhagityan E. P., Mukhametov O., Алексеева М. Г., Вестник международных организаций: образование, наука, новая экономика 2024 Т. 19 № 1 С. 30–54
The objectives of economic integration require countries’ mutual efforts to implement them. In fact, the post-crisis recovery demonstrated that there is virtually no alternative to Basel III standards and recommendations to protect against external shocks and strengthen the stress resilience of banks. In the European Union (EU), the Basel III mechanism has become the basis ...
Added: March 30, 2024
Dzhagityan E. P., Современная мировая экономика 2023 Т. 1 № 4
The article deals with competition in the banking sector shaped by the post-crisis international banking regulation policy, the key objective of which is to ensure financial stability and reduce the risk of future financial crises. Understanding the new phenomena of competition in the international banking area and its relationship with financial stability should help improve ...
Added: March 21, 2024
Mishin A., Review of Economic Dynamics 2023 Vol. 51 P. 965–990
Regulated banks expand relative to shadow banks in recessions and when credit spreads are high, while regulated banks shrink relative to shadow banks in expansions and when credit spreads are low. Motivated by these facts, I build a quantitative general equilibrium model with endogenous risk taking to study how competitive interactions between regulated banks and ...
Added: December 16, 2023
Kotyrlo E., Zaytsev A., Applied Economics 2024 Vol. 56 No. 56 P. 7563–7574
This study evaluates the effect of the Russian agri-food embargo introduced in 2014. The embargo was expected to boost growth in Russian agriculture due to an import substitution policy. To isolate its effect on the Russian agricultural growth rate from other factors like currency devaluation, overall economic stagnation and external financial sanctions, we used the ...
Added: December 6, 2023
Penikas H. I., Surkov M., Скареднова А. Э., Quarterly Journal of Finance 2023
The recently finalised Basel Framework continues to allow banks to use internal data and models to define risk estimates and use them to compute their capital adequacy ratios. Globally, there are more than two thousand banks running Basel internal models. However, there are countries that have no such banks. They face the dilemma of which ...
Added: July 28, 2023