Abstract
In this paper we provide the analysis of monetary policy issues on which the expert community and the authorities do not have common point of view. We suggest arguments supporting the Bank of Russia’s position regarding the interpretation of current economic situation and we also respond to the critique concerning the inconsistency and the lack of transparency of monetary policy.
| Original language | English |
|---|---|
| Pages (from-to) | 128-142 |
| Number of pages | 15 |
| Journal | Voprosy Ekonomiki |
| Volume | 2015 |
| Issue number | 6 |
| DOIs | |
| State | Published - 2015 |
| Externally published | Yes |
Bibliographical note
Publisher Copyright:© 2015, Russian Presidental Academy of National Economy and Public Administration. All rights reserved.
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Keywords
- Key interest rate
- Monetary policy
- Potential output
- Taylor rule
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