Resumen de Lombard activities and social security of the country: interrelation and interdependence

Ganna Kozachenko, Taina Zavora, Liudmyla Shapoval

• The place and value of pawnshops in the financial market are considered in the article. The main indicators of activity of pawnshops are analyzed. The advantages and disadvantages of using the pawnshop services by the population are substantiated. The growth rate of pawnshop activity in Ukraine is determined on the basis of the method of estimating the integral indicator. The nature and specifics of the influence of social security indicators on the activity of pawnshops in Ukraine by means of correlation analysis are revealed. In the constructed econometric model, the factors that influence are the social security indicators of the country and the dependent values are indicators of pawnshop activity. The obtained results revealed a significant correlation between the social security indicators of the country and the indicators of pawnshop activity. The detail of the analysis showed the greatest correlation between the pawnshops' performance and the social security indicator – the ratio of the average monthly nominal wage to the subsistence level for one able-bodied person.