| 摘要 | 第2-3页 |
| Abstract | 第3页 |
| 1 Introduction | 第9-14页 |
| 1.1 Background of Research | 第9-11页 |
| 1.2 The meaning of Research | 第11-12页 |
| 1.3 Framework of Research | 第12-13页 |
| 1.4 Organization of Research | 第13-14页 |
| 2 Literature Review | 第14-24页 |
| 2.1 Literature addressed on Risk-Taking Channels in the realm of determinants ofNon-Performing Loans | 第14-16页 |
| 2.2 Literature determinants of Risk Weighted Assets in the greater framework ofRisk-Taking | 第16-17页 |
| 2.3 The supportive Literature addressed on the Impact of Monetary Policy on Banks'Risk-Taking Behaviour | 第17-21页 |
| 2.4 The Ownership Structure and Banks' Risk-Taking | 第21-24页 |
| 3 Monetary Policy and Banking Sector of Russia | 第24-35页 |
| 3.1 The Overview of Russian Banking Sector | 第24-29页 |
| 3.2 The Instruments of Russian Monetary Policy | 第29-32页 |
| 3.3 The Hypothesis of Research | 第32-35页 |
| 4 Model and Data | 第35-46页 |
| 4.1 Model Specification | 第35-36页 |
| 4.2 GMM Approach | 第36-37页 |
| 4.3 Dependent Variables | 第37-39页 |
| 4.3.1 Non-Performing Loans | 第37-38页 |
| 4.3.2 Risk Weighted Assets | 第38-39页 |
| 4.4 Independent Variables | 第39-42页 |
| 4.5 Control Variables | 第42-44页 |
| 4.6 Descriptive Statistics | 第44-46页 |
| 5 Econometric Model and Estimation Discussion | 第46-61页 |
| 5.1 Interpretation of Main Results | 第46-49页 |
| 5.2 The Impact of Interaction of MP and HP Filter on Banks' Risk-Taking | 第49-55页 |
| 5.2.1 HP Filter (Hodrick-Prescott Decomposition) | 第49-52页 |
| 5.2.2 Results and Analyses of MP and HP Interaction | 第52-55页 |
| 5.3 The Influence of MP on Banks' Risk-Taking based on the Ownership Structure inRussia | 第55-58页 |
| 5.4 The Robustness Test | 第58-61页 |
| 6 Conclusion and Policy Implications | 第61-63页 |
| References | 第63-66页 |
| Appendix | 第66-68页 |
