Arbeitspapier

Money demand models for Russia: A sectoral approach

We estimate money demand models for certain monetary aggregates across different institutional sectors (a novelty for the Russian case). Our results comprise a collection of money demand equations that include different combinations of explanatory variables. Comparing the validity of these models on the basis of statistical criteria is virtually implausible. Therefore we suggest the simultaneous employment of a whole set of such models and illustrate the approach by presenting the distribution of monetary overhangs calculated on the basis of the estimated models.

ISBN
978-952-6699-58-5
Sprache
Englisch

Erschienen in
Series: BOFIT Discussion Papers ; No. 31/2013

Klassifikation
Wirtschaft
Demand for Money
Single Equation Models; Single Variables: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
Household Saving; Personal Finance
Firm Behavior: Empirical Analysis
Thema
monetary aggregates
money demand
households
non-financial corporations

Ereignis
Geistige Schöpfung
(wer)
Krupkina, Anna
Ponomarenko, Alexey
Ereignis
Veröffentlichung
(wer)
Bank of Finland, Institute for Economies in Transition (BOFIT)
(wo)
Helsinki
(wann)
2013

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Krupkina, Anna
  • Ponomarenko, Alexey
  • Bank of Finland, Institute for Economies in Transition (BOFIT)

Entstanden

  • 2013

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