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Author Broeck, Mark de.

Title Explaining and forecasting the velocity of money in transition economies : with special reference to the Baltics, Russia and other countries of the former Soviet Union / prepared by Mark De Broeck, Kornélia Krajnyák, and Henri Lorie
Published [Washington, D.C.] : International Monetary Fund, European II and Research Departments, [1997]
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Description 1 online resource (46 pages) : illustrations
Series IMF working paper ; WP/97/108
IMF working paper ; WP/97/108
Summary Annotation The paper identifies a number of stylized facts on the behavior of key macroeconomic variables during high inflation and stabilization in countries in transition. to examine the extent to which these stylized facts conform to the predictions of standard open economy monetary theory, the paper develops a simple monetary model of the exchange rate incorporating price stickiness and inflation inertia, and carries out an econometric analysis of the behavior of real money balances during inflation stabilization. the paper concludes by assessing the prospects for velocity developments in countries in transition, including the likely pace of remonetization
Bibliography Includes bibliographical references (pages 45-46)
Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. MiAaHDL
digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL
Print version record
Subject Demand for money -- Former Soviet republics -- Econometric models.
Economic stabilization -- Former Soviet republics -- Econometric models.
Foreign exchange rates -- Former Soviet republics -- Econometric models.
Inflation (Finance) -- Former Soviet republics -- Econometric models.
Money -- Baltic States -- Econometric models.
Money -- Former Soviet republics -- Econometric models.
Money -- Russia (Federation) -- Econometric models.
Form Electronic book
Author Krajnyák, Kornélia.
Lorie, Henri.
International Monetary Fund. European II Department.
International Monetary Fund. Research Department.
ISBN 1281601160
Other Titles Velocity of money in transition economies