ABSTRACT
The purpose of the article is to review the indicators of financial imbalances with the use of which it becomes possible to determine the probable occurrence of economic destabilization, economic recession and financial crisis. The relevance of the topic lies in the fact that the qualitative and quantitative prerequisites of financial crises are significant signals both for smoothing the oncoming destabilization and for preparing the necessary instruments for monetary policy. The objects of the study are indicators of financial imbalances for the period of 2000–2011 years. The subject of the study is the financial and economic system of Russian Federation. The method of econometric analysis using the Hodrick-Prescott filter was used during the study. As a result of the analysis, the effectiveness of the methodology of using the indicators of financial imbalances for determining the crisis situations in the Russian economy was proved.
