Preview

Voprosy Ekonomiki

Advanced search
Open Access Open Access  Restricted Access Subscription Access

Inflation: Recent Trends in Russia and in the World

https://doi.org/10.32609/0042-8736-2007-10-4-26

Abstract

The article considers theoretical and methodological reasons for maintaining the consistently low rate of inflation. Basing upon the results of empirical research, monetary policy in Russia is analyzed for 1992-2007. The author estimates the influence of monetary and non-monetary factors on inflation in the given period. The measures of anti-inflationary policy in the world are generalized and the policy prescriptions for Russia are introduced.

About the Author

A. Kudrin

Russian Federation


References

1. Brouwer G. de, Ericsson N. R. Modeling Inflation in Australia // Journal of Business and Economic Statistics. 1998. Vol. 16.

2. Catao L., Terrones M. E. Fiscal Deficits and Inflation // IMF Working Paper 0p/65. 2003.

3. Graude P. de, Polan M. Is Inflation Always and Everywhere a Monetary Phenomenon? // CEPR Discussion Paper No 2841. 2001. June.

4. Hess G., Morris C. The Long-Run Costs of Moderate Inflation // Federal Reserve Bank of Kansas City Economic Review. 1996. Second Quarter. P. 71-88.

5. Khan M., Senhadji A. Thereshild Effects in the Relationshop between Inflation and Growth // IMF Staff Papers. 2001. Vol. 48. P. 1-21.

6. Leiderman L., Maino R., Parrado E. Inflation targeting in dollarized economies // IMF Working Paper WP/06/157. 2006. June.

7. Melick W., Galati G. The Evolving Inflation Process: An Overview // BIS Working Paper. 2006. No 196. February.

8. Rogoff K. Globalization and Global Disinflation / IMF. 2003.


Review

For citations:


Kudrin A. Inflation: Recent Trends in Russia and in the World. Voprosy Ekonomiki. 2007;(10):4-26. (In Russ.) https://doi.org/10.32609/0042-8736-2007-10-4-26

Views: 1134


ISSN 0042-8736 (Print)