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In August 1998 the Russian foreign exchange market and financial system collapsed. As a consequence the rouble devaluated in real terms against the currencies of the main trade partners, generating an output push in the agri-food sector. This improved the financial health of most producer, thus...
Persistent link: https://www.econbiz.de/10008526804
reduce inflation and limit the real appreciation of the rouble. Given the strength of Russia’s balance of payments during the …In the years preceding the onset of the global financial crisis, the Central Bank of Russia (CBR) had two goals: to … interventions which were only partially sterilised. As a result, inflation remained persistently high. During the global financial …
Persistent link: https://www.econbiz.de/10008498033
Russia. Changes within educational groups and occupational classes are observed over three distinct time periods: the Soviet …
Persistent link: https://www.econbiz.de/10008855637
Persistent link: https://www.econbiz.de/10005013116
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Der vorliegende Diskussionsbeitrag entstand im Rahmen eines Forschungsprojektes über die monetäre Integration von fünf mittel- und osteuropäischen EU-Beitrittskandidaten (Estland, Polen, Slowenien, Tschechische Republik und Ungarn). Während die vorangegangenen Kapitel des Projekts die Vor-...
Persistent link: https://www.econbiz.de/10008462105
(Kosten und Nutzen des Beitritts) für eine bestmögliche Strategie der Wechselkurspolitik der Beitrittskandidaten zur … optimal size (number of participants) and the optimal monetary conditions (inflation rate) of a monetary union. Also, we …
Persistent link: https://www.econbiz.de/10008462111
Der vorliegende Diskussionsbeitrag entstand im Rahmen eines Forschungsprojektes über die monetäre Integration von fünf mittel- und osteuropäischen EU-Beitrittskandidaten (Polen, Tschechische Republik, Ungarn, Slowenien und Estland). Das hier vorgestellte Kapitel geht auf die...
Persistent link: https://www.econbiz.de/10008462112
Persistent link: https://www.econbiz.de/10004998740
Fixed point theorems are the standard tool used to prove the existence of equilibria in mathematical economics. This paper shows how to prove a slight generalization of Brouwer's and Kakutani's fixed point theorems using the familiar techniques of drawing and shifting curves in the plane and is,...
Persistent link: https://www.econbiz.de/10005607526