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Modeling monetary demand in the Russian economy over 1999–2008

Sergey Drobyshevsky, G.Kuzmicheva, Elena Sinelnikova and Pavel Trunin
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G.Kuzmicheva: Gaidar Institute for Economic Policy
Elena Sinelnikova: Gaidar Institute for Economic Policy

Research Paper Series, 2010, issue 136P

Abstract: The study is dedicated to the search of the factors affecting monetary demand in Russia, and the analysis of the achieved stability level in monetary demand. The analysis of the monetary demand in Russia is made with the help of dynamic least-squares method, allowing to obtain statistically adequate estimates from relatively small sampling observations. Analysis of the core inflation indicators in the RF demonstrates an explicit monetary nature of inflation in the Russian economy.

Keywords: monetary demand; Russia (search for similar items in EconPapers)
JEL-codes: E41 E31 E52 C22 (search for similar items in EconPapers)
Date: 2010
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http://www.iep.ru/files/RePEc/gai/rpaper/84Drobyshevsky.pdf Revised version, 2012 (application/pdf)

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