ОЦІНКА СУЧАСНОГО СТАНУ КАНАЛУ ОЧІКУВАНЬ МОНЕТАРНОГО ТРАНСМІСІЙНОГО МЕХАНІЗМУ УКРАЇНИ

The article focuses on the main features of the expectations (trust) channel of the monetary transmission mechanism of Ukraine. Its assessment in the present conditions has been made. There has been considered the formation of the economic behaviour of the economic agent in the context of its inflation expectations taking into account currency exchange, inflation and interest rate risks as well as and risk of capital and profit loss. The thesis of crossing the channels of monetary transmission mechanism which greatly complicates financial architectonics and makes it impossible to apply one-dimensional instruments for inflation targeting. The dollarization indices have been calculated: IMF dollarization and assets replacement index. Their dynamics has been examined from 2005 to 2014 by year and from January 2014 to September 2015 by month. The dollarization growing tendency has been determined. The model of expectations channel has been built up with neural networks. The impropriety of application the vector autoregression (VAR) method under current conditions of Ukraine for studying channel expectations as the loss by a large number of banks their solvency and suspension or delay in the payment on deposits distorts confidence of economic agents in the banking system.