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of Chile) Macroprudential Policies’e¤ects / 12 Policy implications: All countries and AEs Impact (in percentage points) of 5 additional macroprudential policies Dependent variable Industrial

of macroprudential policies’ effects" Moscow, June 3, 2021 Discussant: Carsten Sprenger Macroprudential Policies, Bank Lending, Credit Risks 1 / 11 Discussant: Carsten Sprenger Macroprudential Policies, Bank

Identification and measurement of macroprudential policies’ effects Moscow, Russia (Online) June 3, 2021 Moscow time (UTC+3) 14:50 Opening remarks Elizaveta Danilova, Director of

inflation is largely influenced by fiscal policy. In its baseline scenario, the Bank of Russia proceeds from the fiscal policy normalisation path stipulated by the

monetary policies across euro area countries. European Economic Review 101(C), 210–229. Carlino, G., Defina, R., 1998. The Differential Regional Effects of Monetary Policy.

core inflation to the monetary policy shock. The degree of heterogeneity in the Russian regions’ core inflation response to monetary policy shocks, the set of

monetary policy meeting 8 June 2021 News Share VKontakte WhatsApp Telegram Elvira Nabiullina will make a statement on the Bank of Russia’s monetary policy.

RUSSIA’S MONETARY POLICY......................................................26 3.1. Key rate decisions.........................................................................................................................................................27 3.2. System of monetary policy instruments and other monetary policy measures............................ 30 BOX.

inflation is largely influenced by fiscal policy. In its baseline scenario, the Bank of Russia proceeds from the fiscal policy normalisation path stipulated by the

monetary policy meeting 20 April 2021 News Share VKontakte WhatsApp Telegram Elvira Nabiullina will make a statement on the Bank of Russia’s monetary policy