Home  Journals  Financial Analytics: Science and Experience  34(76) - 2011 September

The refinancing rate as a tool to control money supply and inflation in the Russian economy

Available online: 4 October 2011

Subject Heading: Monetary regulation

JEL Classification: 

The influence of the rate of refinancing on the size of monetary stock and the rate of inflation in the Russian economy is studied. On the basis of correlation analysis are revealed the nature, degree and logs of their direct and indirect interaction. The transmission channels of pulses from the rate of refinancing to the money sphere through the coefficient of monetization of the economy and the money multiplier are researched.

Keywords: rate, refinancing, money, rate, inflation, correlation coefficient, log, interaction monetization, multiplier

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ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

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