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- W3123457612 abstract "The paper reviews the recent conduct of monetary policy and the central bank's rule-based behavior in Russia. Using different policy rules, we test whether the central bank in Russia reacts to changes in inflation, output gap and the exchange rate in a consistent and predictable manner. Our results indicate that during the period of 1993-2002 the Bank of Russia has used monetary aggregates as a main policy instrument in conducting monetary policy." @default.
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- W3123457612 date "2004-03-25" @default.
- W3123457612 modified "2023-09-27" @default.
- W3123457612 title "A Preliminary Evaluation of Monetary Policy Rules for Russia" @default.
- W3123457612 hasPublicationYear "2004" @default.
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