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Expected Regime Change : Transition toward Nominal Exchange Rate Stability
Brázdik, František - 2013
This work presents an extension of a small open economy DSGE model allowing the transition toward a monetary policy regime aimed at exchange rate stability to be described. The model is estimated using the Bayesian technique to fit the properties of the Czech economy. In the scenarios assessed,...
Persistent link: https://www.econbiz.de/10013081050
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Countries in Transition and Monetary Policy : A Framework for Policy Development
Salvary, Stanley C.W. - 2007
While economies in transition are not devoid of monetary policy, changes desired in the functioning of these economies may necessitate innovations to administer monetary policy consistent with newly established goals. Although some goals may essentially be the same (e.g., full employment or...
Persistent link: https://www.econbiz.de/10012776500
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Inter-Enterprise Arrear in a Post-Command Economy Thoughts from a Romanian Perspective
Daianu, Daniel - 2006
Persistent link: https://www.econbiz.de/10012781812
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Energy Transit : Intergovernmental Agreements on Oil and Gas Transit Pipelines
Leal-Arcas, Rafael; Peykova, Mariya; Choudhury, Tathagata; … - 2015
This article is an analysis of relevant Intergovernmental and Host Government Agreements on oil and gas transit pipelines in several parts of the world. The following questions serve as the basis for the analysis: 1. To what extent can common principles and regional specificities be derived from...
Persistent link: https://www.econbiz.de/10014132518
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Prospects for a Transition Towards Inflation Targeting in Russia
Drobyshevsky, Sergey - 2012
In Russia, the pre-conditions for a successful transition to inflation targeting are beginning to emerge. The economy … demand of commercial banks for refinancing by the CBR. This has given the Bank of Russia the power to exercise real influence …
Persistent link: https://www.econbiz.de/10013103668
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A General Equilibrium Approach to Interenterprise Arrears in Transition Economies with Application to Russia
Kim, Se-Jik - 2014
This paper presents a general equilibrium model of interenterprise arrears, characterized by n-stage production technology with random productivity shocks. The model shows that large interenterprise arrears in transition economies may reflect substantial business risks in those countries and...
Persistent link: https://www.econbiz.de/10012752383
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Monetary policy transmission to Russia & Eastern Europe
Stann, Carsten M.; Grigoriadis, Theocharis - 2019
spillover effects in Russia and Eastern Europe. The hypothesis is tested using OLS estimations of event-based regressions on … monetary policy event dummies and seven financial variables in eleven East European countries including Russia. Overall, the … Europe and Russia. Notably, bilateral integration with the eurozone is a key determinant of the strength of spillovers, with …
Persistent link: https://www.econbiz.de/10012006697
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Exchange Rate Pass-Through and Cross-Country Spillovers : Some Evidence from Ukraine and Russia
Faryna, Oleksandr - 2016
​This paper studies exchange rate pass-through to consumer prices in Ukraine and Russia considering cross … VAR models and find that, while results for Russia do not change significantly, spillover effects are identified for …
Persistent link: https://www.econbiz.de/10012981673
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Monetary and fiscal policy transmission in Poland
Haug, Alfred Albert; Jędrzejowicz, Tomasz; … - In: Economic modelling 79 (2019), pp. 15-27
Persistent link: https://www.econbiz.de/10012199004
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Australia's Linkages with China : Prospects and Ramifications of China's Economic Transition
Karam, Philippe D. - 2018
China and Australia have increasingly strong links, especially through trade. These are driven by demand from China for Australian commodities (coal and iron ore) and services (tourism and education). These links are influenced by China's transition to a services-driven, consumer-led economy....
Persistent link: https://www.econbiz.de/10012913908