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This paper sets out by looking at the purchasing power parity theory applied on Denmark, using real effective exchange rate measures published by Danmarks Nationalbank. Following this, two commonly used methods of determining equilibrium exchange rates are examined. First, a model of...
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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 …
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