An edition of Money demand and inflation in dollarized economies
(2005)
Money demand and inflation in dollarized economies
the case of Russia
by Nienke Oomes
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Money demand in dollarized economies often appears to be highly unstable, making it difficult to forecast and control inflation. In this paper, we show that a stable money demand function for Russia can be found for "effective broad money," which includes an estimate of foreign cash holdings. Moreover, we find that an excess supply of effective broad money is inflationary, while other excess money measures are not, and that effective broad money growth has the strongest and most persistent effect on short-run inflation.
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Russia (Federation)| Edition | Availability |
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1
Money Demand and Inflation in Dollarized Economies: The Case of Russia
2005, International Monetary Fund
in English
1452727961 9781452727967
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2
Money Demand and Inflation in Dollarized Economies: The Case of Russia
2005, International Monetary Fund
in English
145186163X 9781451861631
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3
Money demand and inflation in dollarized economies: the case of Russia
2005, International Monetary Fund, European Dept.
in English
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4
Money Demand and Inflation in Dollarized Economies: The Case of Russia
2005, International Monetary Fund
in English
1451906994 9781451906998
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Book Details
Edition Notes
"July 2005."
Includes bibliographical references (p. 28-30).
Also available on the World Wide Web.
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| January 24, 2010 | Edited by WorkBot | add more information to works |
| December 11, 2009 | Created by WorkBot | add works page |