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- W3167448075 abstract "This paper is the sequel to the authors' article «Macroeconomic Modelling of Interrelations of Real and Monetary Sectors of Russian Economy (Part 1)» devoted to the construction and analysis of empirical macroeconomic model of Russia during the postcrisis period. In the first part we analyze the vector error correction model that describes the most important relations in the real sector of economy. Besides, a particular attention is paid to the dependence on the parameters reflecting a con juncture of the world markets, and also to the revealing of internal factors of economicgrowth. In the second part of this article we focus on the construction of the model of monetary sector. We analyze mechanisms of monetary and currency policies, the direction and efficiency of their influences on the basic macroeconomic parameters, such as GDP and inflation. It is also checked the correspondence of stabilization policy to the Government and Central Bank purposes." @default.
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- W3167448075 date "2006-01-01" @default.
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- W3167448075 title "Macroeconomic Modelling of Interrelations of Real and Monetary Sectors of Russian Economy (Part 2)" @default.
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