أعرض تسجيلة المادة بشكل مبسط

dc.creator Esanov, Akram
dc.creator Merkl, Christian
dc.creator Vinhas de Souza, Lúcio
dc.date 2005
dc.date.accessioned 2013-10-16T06:13:39Z
dc.date.available 2013-10-16T06:13:39Z
dc.date.issued 2013-10-16
dc.identifier Journal of comparative economics 0147-5967 33 2005 3 484-499
dc.identifier doi:10.1016/j.jce.2005.05.003
dc.identifier http://hdl.handle.net/10419/3739
dc.identifier ppn:503379107
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/3739
dc.description The paper reviews the recent conduct of monetary policy and the central bank's rule-based behavior in Russia. Using different policy rules, we test whether the Bank of Russia reacts to changes in inflation, the output gap and the exchange rate in a consistent and predictable manner. Our results indicate that, during the period from 1993 to 2004, the Bank of Russia used monetary aggregates as the main policy instrument. Some estimations provide evidence that the Bank of Russia was more concerned with reducing inflation before 1995, while the priorities shifted towards exchange rate stabilization after 1995.
dc.language eng
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject ddc:330
dc.subject Geldpolitik
dc.subject Regelgebundene Politik
dc.subject Inflationsbekämpfung
dc.subject Wechselkurspolitik
dc.subject Russland
dc.title Monetary policy rules for Russia
dc.type doc-type:article


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أعرض تسجيلة المادة بشكل مبسط