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on monetary policy’).
Monetary policy and fiscal policy
Fiscal policy has a significant effect on the conditions of the implementation of monetary
policy, including the
RUSSIA’S MONETARY POLICY...................................................... 27
3.1. Key rate decisions.........................................................................................................................................................27
3.2. System of monetary policy instruments and other monetary policy measures............................ 30
BOX.
293
15.11.2021
is, an inflation targeting policy makes long-term rates more affordable. High inflation makes long-term loans almost prohibitively expensive. Therefore, a consistent policy of inflation control
inflation is largely influenced by fiscal policy. In its baseline scenario, the Bank of Russia proceeds from the fiscal
policy normalisation path stipulated by the
lower bound, nonlinear models, optimal policy, monetary policy,
terms of trade
JEL: D58, E32, E52, E58.
Optimal simple monetary policy rules for a resource-rich economy
Balance Sheet Channel of
Monetary Policy: Evidence from
Credit Spreads of Russian Firms
Author: Filipp Prokopev
Thesis adviser: Konstantin Styrin
1
Abstract
• I test the
297
29.10.2021
policy rules for a resource-rich economy and the Zero Lower Bound
Andreyev M., Polbin A.
In this article, we study the optimal simple monetary policy
298
19.10.2021
monetary policy meeting
19 October 2021
News
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Elvira Nabiullina will make a statement on the Bank of Russia’s monetary policy
299
14.10.2021
Bank of Russia outlines requirements for insurance policies sold as addition to consumer loans
14 October 2021
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The regulator proposes
300
13.10.2021
Activity of provisional administration to manage PRESTIGE POLICY INSURANCE GROUP terminated
13 October 2021
Press release
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On 24 September 2021,1