Money Demand and Inflation in Dollarized Economies : The Case of Russia /
Money demand in dollarized economies often appears to be highly unstable, making it difficult to forecast and control inflation. In this paper, we show that a stable money demand function for Russia can be found for "effective broad money," which includes an estimate of foreign cash holdin...
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| Format: | Tidsskrift |
| Sprog: | English |
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Washington, D.C. :
International Monetary Fund,
2005.
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| Serier: | IMF Working Papers; Working Paper ;
No. 2005/144 |
| Online adgang: | Full text available on IMF |