EconStor >
Institut für Weltwirtschaft (IfW), Kiel >
Kieler Arbeitspapiere, IfW >

Please use this identifier to cite or link to this item:
Title:A preliminary evaluation of monetary policy rules for Russia PDF Logo
Authors:Esanov, Akram
Merkl, Christian
Vinhas de Souza, Lúcio
Issue Date:2004
Series/Report no.:Kieler Arbeitspapiere 1201
Abstract: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 central bank in Russia reacts to changes in inflation, output gap and the exchange rate in a consistent and predictable manner. Our results indicate that during the period of 1993-2002 the Bank of Russia has used monetary aggregates as a main policy instrument in conducting monetary policy.
Subjects:Monetary policy rules , exchange rate , central bank , Russia
Document Type:Working Paper
Appears in Collections:Publikationen von Forscherinnen und Forschern des IfW
Kieler Arbeitspapiere, IfW

Files in This Item:
File Description SizeFormat
kap1201.pdf346.25 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.