Methodology to Estimate the Financial Market Condition

  • Alexander Valentinovich KOSEVICH International Institute of Economics and Law, Moscow, Russia
  • Olga Evgenievna MATYUNINA International Institute of Economics and Law, Moscow, Russia
  • Alexander Georgievich ZHAKEVICH International Institute of Economics and Law, Moscow, Russia
  • Natalia Aleksandrovna ZAVALKO Financial University under the Government of the Russian Federation, Moscow, Russia
  • Kostyantyn Anatol'evich LEBEDEV Institute for Tourism and Hospitality, Moscow, Russia

Abstract

The article systematizes theoretical approaches to the definition of product in the financial market. The system of monitoring market processes associated with shaping demand for financial assets was proposed to implement in order to monitor current trends that form the demand on the financial market and to timely detect structural imbalances. The results of the studies have shown the presence of critical foreign exchange imbalances in shaping demand on the financial market, which is due to the excessive level of its foreign currency predominance and is a testament to both the insufficient level of confidence in the national currency and the predominance of speculative motivations at the conclusion of the agreements. The formalization of the relationship between the demand for financial assets and the level of economic growth of the country has allowed to substantiate the need for the transformation of the conceptual bases of its regulation in the transition away from the traditional approach to structural regulation.

References

[1] Komleva, L.V. 2013. Airline Valuation Using Discounted Cash Flow Method. Journal of Economics and Social Sciences, 2(2): 25-26.
[2] Malakhovskaya, O. A. 2015. Valyutnaya politika v stranakh s nesovershennymi finansovymi rynkami v usloviyakh negativnykh shokov platezhnogo balansa [Monetary Policy in the Countries with Imperfect Financial Markets in the Context of Negative Shocks of the Balance of Payments]. Journal of Economic Theory, 4: 36-49.
[3] Matkovskaya, Ya.S. 2014. Neodnorodnost finansovogo rynka i innovatsionnyye sposoby otsenki potrebitelskogo povedeniya na finansovykh rynkakh [Non-uniformity of the Financial Market and Innovative Ways to Assess Consumer Behavior in Financial Markets]. Economic Analysis: Theory and Practice, 23 (374): 9-16.
[4] Medvedeva, M.B., and Gladyshev, D.A.2013. Napravleniya integratsii infrastruktury rossiyskogo finansovogo rynka s mirovym finansovym rynkom: problemy i perspektivy [Courses of Integration of the Russian Financial Market Infrastructure with the Global Financial Market: Challenges and Prospects]. Currency Regulation. Currency control, 9: 19-32.
[5] Mwenda, K.K., and Mvula, Ju.M. 2003. A Framework for Unified Financial Services Supervision: Lessons from Germany and Other European Countries. Journal of International Banking Regulation, 5 (1): 35.
[6] Ozyumenko, M.V. 2014. Reforma direktivy ‘O rynkakh finansovykh instrumentov’ (MIFID) i eye znacheniye dlya finansovykh rynkov ES [Reform of the Markets in Financial Instruments Directive (MIFID) and its Importance for the EU Financial Markets]. Eurasian Law Journal, 1 (68): 45-48.
[7] Samsonova-Taddei, A. 2013. Social Relations and the Differential Local Impact of Global Standards: the Case of International Standards on Auditing. Abacus, 49 (4): 506-538.
[8] Strelnikov, E.V. 2015. Primeneniye kontseptsii sovershennogo rynka kapitala na sovremennom finansovom rynke Rossii [Application of the Perfect Capital Market Concept to the Modern Financial Market of Russia]. Bulletin of the University of Omsk. Series: Economics, 4: 96-100.
[9] Tikhonkov, K.S. 2009. Povysheniye effektivnosti gosudarstvennogo regulirovaniya i nadzora za rossiyskim finansovym rynkom v postkrizisnyy period [Improving the Efficiency of State Regulation and Supervision of the Russian Financial Market in the Post-Crisis Period]. Today and Tomorrow of the Russian Economy, 32: 82-86.
[10] Valiullin, K.K., and Merzlyakova, S.L. 2011. Tendencies towards the Spatial Concentration of the Russian Banking Sector. Studies on Russian Economic Development, 22 (5): 526-534.
Published
2017-03-05
How to Cite
KOSEVICH, Alexander Valentinovich et al. Methodology to Estimate the Financial Market Condition. Journal of Advanced Research in Law and Economics, [S.l.], v. 7, n. 7, p. 1749-1753, mar. 2017. ISSN 2068-696X. Available at: <https://journals.aserspublishing.eu/jarle/article/view/763>. Date accessed: 27 dec. 2024.