Выявление индикаторов кризиса: эффект финансового заражения на российском рынке

Abstract

In the paper the financial contagion indicators are presented, which are working on Russian market. The revelation of the crisis indicators will enable the company to define how much the current situation is closer to crisis. It will also help to understand, in which particular area the problems may occur. The algorithm developed can de used in the process of company's risk-management strategy building. The research was conducted with the use of Russian oil & gas companies' bond indexes dynamic data. [Executive summary in Englisg is available on p.33]