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Monetary policy rules of the National Bank of Kazakhstan (in Russian)

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Author Info
Bulat Mukhamediyev (Al-Farabi Kazakh National University, Kazakhstan)

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Abstract

The issue of monetary policy rules in Kazakhstan is studied. It is established that at each stage of economic development the National Bank used a certain rule. In particular, it is revealed that during the post-crisis period after reaching macroeconomic stability the short term interest rate, rather than the monetary base, was used as a monetary policy tool.

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Publisher Info
Article provided by Quantile in its journal Quantile.

Volume (Year): (2007)
Issue (Month): 3 (September)
Pages: 91-106
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Handle: RePEc:qnt:quantl:y:2007:i:3:p:91-106

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Web page: http://quantile.ru/

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Related research
Keywords: Kazakhstan; monetary policy rule; interest rate; monetary base;

Find related papers by JEL classification:
E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions

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This page was last updated on 2009-12-19.


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