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- W3122376588 abstract "The paper investigates whether the 80% real appreciation of the Russian ruble in 1998-2005 can be explained by the increase in oil revenues in a calibrated general equilibrium model. It is shown that the oil prices alone cannot account for the appreciation with forward-looking permanent-income consumers, unless the oil price increase is assumed permanent. Accounting for the increase in the volume of oil exports, however, can help, provided that the increase is assumed to be permanent." @default.
- W3122376588 created "2021-02-01" @default.
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- W3122376588 date "2006-09-01" @default.
- W3122376588 modified "2023-09-27" @default.
- W3122376588 title "Can Oil Prices Explain the Real Appreciation of the Russian Ruble in 1998-2005?" @default.
- W3122376588 hasPublicationYear "2006" @default.
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