Money Demand and Inflation in Dollarized Economies : The Case of Russia /

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 holdin...

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Autor principal: Ohnsorge, Franziska
Altres autors: Oomes, Nienke
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2005.
Col·lecció:IMF Working Papers; Working Paper ; No. 2005/144
Accés en línia:Full text available on IMF