20.500.12556/DKUM-86010 International transmission of conventional and unconventional monetary policy and financial stress shocks from the euro area to Russia This paper studies the international transmission of the euro area´s monetary policy and financial stress to Russia. The results show that financial stress in the euro area damages Russian economic activity and stock prices, but not its trade balance. The contractionary euro area monetary policy shock decreases Russian GDP, leads to real appreciation of the euro against the Russian rouble, damages Russian stock prices, but does not significantly affect the trade balance between countries. We also found that the Central Bank of the Russian Federation adjusts to monetary policy shocks in the euro area. conventional monetary policy unconventional monetary policy financial stress Russia international transmission konvencionalna denarna politika nekonvencionalna denarna politika finančni stres Rusija mednarodni prenos true false true Sciendo Slovenski jezik Angleški jezik Znanstveno delo 2023-09-26 13:42:44 2023-09-26 13:42:44 2023-09-27 03:09:08 0000-00-00 00:00:00 2022 0 0 str. 227-247 Št. 1 Letn. 11 jan. 2022 0000-00-00 Zaloznikova Objavljeno NiDoloceno 2020-06-03 2020-09-28 2022-01-01 338.23:336.74 96939779 10.2478/jcbtp-2022-0010 2336-9205 International_Transmission_of_Con-Dajcman-2022.pdf International_Transmission_of_Con-Dajcman-2022.pdf 1 364F33ADA22F0CD48854F1603F36E789 ce93089a03d1277c896f17ccf70ca55ba1dfe5603445b95acdc824aff8e0fe5b 295e8795-5c63-11ee-972e-00155d000105 https://dk.um.si/Dokument.php?lang=slv&id=173007 https://www.sciendo.com/article/10.2478/jcbtp-2022-0010 1 cccdf7ba-5c61-11ee-972e-00155d000105 https://dk.um.si/Dokument.php?lang=slv&id=173006 Ekonomsko-poslovna fakulteta 0 0 0