The primary purpose of this paper is to test the hypothesis of capital mobility reduction in the wake of the global financial crisis of 2008-2009. Through the constructed models we tested hypotheses about the long- and short-term mobility of global capital by estimating the correlation between...

In this paper, authors on the basis of foreign materials analyze the role of the oil and gas sector in the Norwegian economy and reveal its contribution to economic and social development of the country. The authors also give consideration to a method for controlling the oil and gas budget...

The main purpose of the present paper is the evaluation of exchange rate pass-through effect in Russian economy. To achieve this objective the following tasks were fulfilled: • a review of theoretical and empirical models of exchange rate pass-through was conducted; • the extent of...

This article presents an analysis of papers on various aspects of exit strategies from the crisis measures of economic policy. In the literature, there is currently a clear separation of all the measures into two components related to monetary and fiscal areas. Following this separation, the...

Nowadays the problems of financial markets' development in emerging economies attract attention of many researchers. In this study we try to analyze the international experience of theoretical and empirical research in the linkage between the level of financial development and economic growth....

The goal of this work is to conduct a comprehensive analysis of the role of Bank of Russia in the formation of money supply, taking into account internal and external factors that determine the development of the economy. First, we examined base theoretical and empirical models of money supply...

This paper is dedicated to the analysis of Norwegian Government Pension Fund’s asset management, which include Government Pension Fund – Global and Government Pension Fund – Norway. The result revealed the main features of the Fund’s investment policy, developed and...

The key factor in the strengthening of the real exchange rate of the ruble in the 2000s was the transformation based growth of Russia’s economy (the Balassa–Samuelson eff ect) coupled with the improving foreign trade conditions. As can be concluded on the basis of data for Q4 2014, for the...

This paper deals with the monetary measures taken by the CBR to reduce the effects of 2008 economic crisis. The author speaks about the money market, iflation, and the state of the balance of payments.

This paper deals with Russia's monetary policy in 2012. The authors analyze Russia's money market, inflationary development, main measures in the monetary policy, the balance of payments and the RUR exchange rate.