Vymyatnina, Yulia; Ignatenko, Anna - Department of Economics, European University at St. … - 2011
One of the most important aims of monetary policy of the Bank of Russia is to reduce CPI inflation under simultaneous … usage of additional instrument, it is unclear whether Central bank can influence inflation processes at all. The work … inquires into how inflation is influenced by credit aggregates, oil prices and exchange rate as the major factors limiting …
