Jamilov, Rustam - Volkswirtschaftliche Fakultät, … - 2012
inflation. Second, we construct Auto Regressive Distributed Lag Models (ARDL) in order to study the country-wise efficiency of … that broad monetary base (M2) is the most influential determinant of aggregate output. Inflation is affected the most by … the refinancing rate and the flow of remittances. For both output and inflation, exchange rate plays a role of a …