Abstract
The article considers theoretical and methodological reasons for maintaining the consistently low rate of inflation. Basing upon the results of empirical research, monetary policy in Russia is analyzed for 1992-2007. The author estimates the influence of monetary and non-monetary factors on inflation in the given period. The measures of anti-inflationary policy in the world are generalized and the policy prescriptions for Russia are introduced.
Subject
Economics and Econometrics,Finance
Reference8 articles.
1. Brouwer G. de, Ericsson N. R. Modeling Inflation in Australia // Journal of Business and Economic Statistics. 1998. Vol. 16.
2. Catao L., Terrones M. E. Fiscal Deficits and Inflation // IMF Working Paper 0p/65. 2003.
3. Graude P. de, Polan M. Is Inflation Always and Everywhere a Monetary Phenomenon? // CEPR Discussion Paper No 2841. 2001. June.
4. Hess G., Morris C. The Long-Run Costs of Moderate Inflation // Federal Reserve Bank of Kansas City Economic Review. 1996. Second Quarter. P. 71-88.
5. Khan M., Senhadji A. Thereshild Effects in the Relationshop between Inflation and Growth // IMF Staff Papers. 2001. Vol. 48. P. 1-21.
Cited by
6 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献