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2152
20.03.2026
as with a longer upward deviation of the Russian economy from a balanced growth path and high inflation expectations. Disinflationary risks involve a more significant
2156
13.02.2026
expectations remain elevated. This may impede a sustainable slowdown in inflation.
The upward deviation of the Russian economy from a balanced growth path is decreasing.
al., 2025), a nonlinear Phillips curve implies the need for a nonlinear policy response
from the regulator. Gagnon & Sarsenbayev (2022) emphasize that in a nonlinear
2160
16.01.2026
with a Nonlinear Phillips Curve based on heterogeneous sensitivity between economic activity and CPI components
Ovechkin D.
This study investigates the hypothesis of a nonlinear