Kim, Byung-Yeon; Pirttilä, Jukka; Rautava, Jouko - EconWPA - 2002
Using a macroeconometric framework, this paper analyses relationships among money, barter and inflation in Russia … open economy macro model, we estimate our model using structural cointegration and vector error correction methods. Our … to capture all the relevant information for inference on money and inflation in Russia. …