Innovations in the sphere of payments and the money demand in Russia

This publication deals with the money demand in Russia from 1995 through 2010. Specifi cally, the work addresses the issue whether the use of payment cards has a signifi cant impact on the money demand. The results indicate that the monetary aggregate M1 can be a tool in conducting monetary policy.

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Year of publication:	2011
Authors:	Sinelnikova-Muryleva, Elena
Published in:	Research Paper Series. - Gaidar Institute for Economic Policy. - 2011, 157P
Publisher:	Gaidar Institute for Economic Policy
Subject:	payments \| money demand \| Russia \| monetary policy

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Extent:	application/pdf
Type of publication:	Article
Classification:	E41 - Demand for Money ; E42 - Monetary Systems; Standards; Regimes; Government and the Monetary System ; C22 - Time-Series Models
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010598017