Monetary policy rules of the National Bank of Kazakhstan (in Russian)

Bulat Mukhamediyev

Quantile, 2007, issue 3, 91-106

Abstract: The issue of monetary policy rules in Kazakhstan is studied. It is established that at each stage of economic development the National Bank used a certain rule. In particular, it is revealed that during the post-crisis period after reaching macroeconomic stability the short term interest rate, rather than the monetary base, was used as a monetary policy tool.

Keywords: Kazakhstan; monetary policy rule; interest rate; monetary base (search for similar items in EconPapers)
JEL-codes: C22 E52 E58 (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:qnt:quantl:y:2007:i:3:p:91-106

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