voprecotestВопросы экономикиVoprosy Ekonomiki0042-8736Voprosy Ekonomiki, NP10.32609/0042-8736-2014-11-122-139voprecotest-724Research ArticleДЕНЕЖНО-КРЕДИТНАЯ ПОЛИТИКАMONETARY POLICYВлияние внешних шоков и денежно-кредитной политики на экономику РоссииImpact Of External Shocks And Monetary Policy On Russian EconomyЛомиворотовР. В.LomivorotovR.

аспирант кафедры макроэкономического анализа НИУ ВШЭ (Москва)

l.rodion@gmail.comНИУ ВШЭ (Москва)РоссияNational Research University Higher School of Economics (Moscow, Russia)Russian Federation201420112014011122139Copyright © Voprosy Ekonomiki, NP, 20142014Voprosy Ekonomiki, NPVoprosy Ekonomiki, NPhttps://www.vopreco.ru/jour/about/submissions#copyrightNoticehttps://www.vopreco.ru/jour/article/view/724

В статье рассмотрено влияние внешних и внутренних шоков на экономику России. В качестве основных внешних шоков выбраны изменение монетарной политики в США, динамика цен на сырьевые товары, а также уровень волатильности на международных финансовых рынках. Изучается влияние монетарной политики ЦБ РФ на экономическую активность в стране, уровень инфляции и динамику обменного курса.

This paper investigates the impact of external and internal shocks on the Russian economy. We have factored in the U.S. monetary policy changes, dynamics of commodity prices, and volatility of global financial markets as the main sources of external shocks. We have also examined the influence of the monetary policy of the Bank of Russia, on economic growth, inflation, and ruble exchange rate.

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The authors declare that there are no conflicts of interest present.