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Оценка воздействия кредитования экономики на инфляционные процессы в Казахстане // Assessment of credit impact on inflation processes in Kazakhstan

Author

Listed:
  • Ержан Ислам // Yerzhan Islam

    (National Bank of Kazakhstan)

  • Байкулаков Шалкар // Baikulakov Shalkar

    (National Bank of Kazakhstan)

Abstract

Целью данного исследования является оценка долгосрочного и краткосрочного воздействия кредитования экономики на инфляционные процессы в Казахстане с помощью эконометрических подходов–векторной модели коррекции остатков(VECM)и векторной модели авторегрессии(VAR). В рамках исследования проводится выявление значимого влияния со стороны кредитного рынка на формирование потребительских цен на отдельные товарные группы в Казахстане. // This study is an attempt to assess the long-term and short-term influence of bank lending on inflationary processes in Kazakhstan using econometric approaches - the vector error correction model (VECM) and the vector autoregression model(VAR). The aim of the study is to identify the significant influence of the credit market on the formation of consumer prices and prices for individual product groups in Kazakhstan.

Suggested Citation

  • Ержан Ислам // Yerzhan Islam & Байкулаков Шалкар // Baikulakov Shalkar, 2019. "Оценка воздействия кредитования экономики на инфляционные процессы в Казахстане // Assessment of credit impact on inflation processes in Kazakhstan," Working Papers #2019-5, National Bank of Kazakhstan.
  • Handle: RePEc:aob:wpaper:2
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    More about this item

    Keywords

    credits; consumer credits; vector error correction model(VECM); vector autoregression model(VAR); impulse responses; consumer price index; inflation of selected goods; кредиты; потребительские кредиты; векторная модель коррекции остатков (VECM); векторная модель авторегрессии (VAR); импульсные отклики; индекс потребительских цен; инфляция отдельных товаров;
    All these keywords.

    JEL classification:

    • C31 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
    • E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications
    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers

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