A preliminary evaluation of monetary policy rules for Russia

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 res...

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Bibliographic details
Volume: 1201
Main Author: Esanov, Akram
Merkl, Christian
Vinhas de Souza, Lúcio
Format: Paper
Language: English
Place of publication: Kiel Kiel Institute for the World Economy (IfW) 2004
published in: Kiel Working Paper Vol. 1201
Data of publication: 2004
Subjects:
Online Access: Fulltext
Database: EconStor
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