How much money is right for the Russians and for what

Boris Alekhin ()

RSUH/RGGU BULLETIN. Series Economics. Management. Law, issue 2

Abstract: The purpose of this article is the publication of results of the empirical analysis of money demand in modern Russia. For that end a theoretical basis and functional form of the money demand equation with the data for its evaluation were chosen, the best composition of the regressors in the equation was identified and econometric methodology was formulated. Also some tests for stationarity and cointegration of variables were made, error correction model was estimated as well as the stability of the demand for money function was tested.

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