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How much control does Bank of Russia have over money supply?

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  • Vymyatnina, Yulia

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  • Vymyatnina, Yulia, 2006. "How much control does Bank of Russia have over money supply?," Research in International Business and Finance, Elsevier, vol. 20(2), pages 131-144, June.
    • Handle: RePEc:eee:riibaf:v:20:y:2006:i:2:p:131-144
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    1. Robert Pollin, 1991. "Two Theories of Money Supply Endogeneity: Some Empirical Evidence," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 13(3), pages 366-396, March.
    2. repec:zbw:bofitp:2004_011 is not listed on IDEAS
    3. Thomas I. Palley, 1994. "Competing Views Of The Money Supply Process: Theory And Evidence," Metroeconomica, Wiley Blackwell, vol. 45(1), pages 67-88, February.
    4. Basil J. Moore, 1997. "Reconciliation of the Supply and Demand for Endogenous Money," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 19(3), pages 423-428, March.
    5. Peter Howells & Khaled Hussein, 1998. "The Endogeneity of Money: Evidence from the G7," Scottish Journal of Political Economy, Scottish Economic Society, vol. 45(3), pages 329-340, August.
    6. David Chappell & Kent Matthews, 2001. "Monetary Disequilibrium, Endogenous Money, Stability and the Determinacy of Inflation," Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 30(1), pages 145-161, February.
    7. Basil J. Moore, 1989. "A Simple Model of Bank Intermediation," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 12(1), pages 10-28, September.
    8. Kevin S. Nell, 2000. "The Endogenous/Exogenous Nature of South Africa’s Money Supply Under Direct and Indirect Monetary Control Measures," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 23(2), pages 313-329, December.
    9. Oto Norčič & Marko Lah & Andrej Sušjan, 1996. "Dual Money Endogeneity in Transition Economies," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 19(1), pages 73-82, September.
    10. Marek Dabrowski & Wojciech Paczynski & Lukasz Rawdanowicz, 2002. "Inflation and Monetary Policy in Russia: Transition Experience and Future Recommendations," CASE Network Studies and Analyses 0241, CASE-Center for Social and Economic Research.
    11. Maddala,G. S. & Kim,In-Moo, 1999. "Unit Roots, Cointegration, and Structural Change," Cambridge Books, Cambridge University Press, number 9780521587822.
    12. Bala Shanmugam & Mahendhiran Nair & Ong Wee Li, 2003. "The endogenous money hypothesis: empirical evidence from Malaysia (1985-2000)," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 25(4), pages 599-611.
    13. Howells, Peter & Hussein, Khaled, 1998. "The Endogeneity of Money: Evidence from the G7," Scottish Journal of Political Economy, Scottish Economic Society, vol. 45(3), pages 329-340, August.
    14. Claudio E. V. Borio, 1997. "Monetary policy operating procedures in industrial countries," BIS Working Papers 40, Bank for International Settlements.
    15. Basil Moore, 1998. "Accommodation to Accommodationism: A Note," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 21(1), pages 175-178, September.
    16. Peter G.A. Howells, 1997. "The Demand for Endogenous Money: A Rejoinder," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 19(3), pages 429-435, March.
    17. Peter G.A. Howells, 1995. "The Demand for Endogenous Money," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 18(1), pages 89-106, September.
    18. Hewitson, Gillian, 1995. "Post-Keynesian Monetary Theory: Some Issues," Journal of Economic Surveys, Wiley Blackwell, vol. 9(3), pages 285-310.
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    Cited by:

    1. Ono, Shigeki, 2013. "The effects of foreign exchange and monetary policies in Russia," Economic Systems, Elsevier, vol. 37(4), pages 522-541.
    2. Nayan, Sabri & Ahmad, Mahyudin & Kadir, Norsiah & Abdullah, Mat Saad, 2013. "Post Keynesian Endogeneity of Money Supply: Panel Evidence," MPRA Paper 48716, University Library of Munich, Germany.
    3. Ono, Shigeki, 2021. "The effects of monetary policy in Russia: A factor-augmented VAR approach," Economic Systems, Elsevier, vol. 45(3).
    4. Marina Yu. Malkina & Igor A. Moiseev, 2020. "Endogeneity of Money Supply in the Russian Economy in the Context of the Monetary Regime Change," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 3, pages 8-27, June.
    5. Salmanov, Oleg & Zayernyuk, Victor & Lopatina, Olga, 1915. "An Analysis of the Impact of Monetary Policy on Bank Lending in Russia," MPRA Paper 112263, University Library of Munich, Germany.
    6. repec:zbw:bofitp:2009_008 is not listed on IDEAS
    7. Badarudin, Z.E. & Ariff, M. & Khalid, A.M., 2013. "Post-Keynesian money endogeneity evidence in G-7 economies," Journal of International Money and Finance, Elsevier, vol. 33(C), pages 146-162.
    8. Z. E. Badarudin & M. Ariff & A. M. Khalid, 2011. "Money supply endogeneity and bank stock returns," Applied Financial Economics, Taylor & Francis Journals, vol. 21(14), pages 1035-1048.
    9. Salmanov, Oleg & Zaernyuk, Viktor, 2015. "Роль Банковского Канала В Передаче Денежно-Кредитной Политики В России [The role of the banking channel in the transmission of monetary policy in Russia]," MPRA Paper 112388, University Library of Munich, Germany, revised 01 Nov 2015.
    10. Yulia Vymyatnina, 2013. "Money Supply and Monetary Policy in Russia: A Post-Keynesian Approach Revisited," EUSP Department of Economics Working Paper Series 2013/04, European University at St. Petersburg, Department of Economics.
    11. Wasanthi Thenuwara & Bryan Morgan, 2017. "Monetary targeting in Sri Lanka: how much control does the central bank have over the money supply?," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 41(2), pages 276-296, April.
    12. Su-Ling TSAI & Tsangyao CHANG, 2018. "The Comovment between Money and Economic Growth in 15 Asia-Pacific Countries: Wavelet Coherency Analysis in Time-Frequency Domain," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(2), pages 63-79, December.
    13. Bozhechkova Alexandra & Trunin Pavel & Sinelnikova-Muryleva Elena & Petrova Diana & Chentsov Alexander, 2018. "Building of monetary and currency markets models," Research Paper Series, Gaidar Institute for Economic Policy, issue 175P, pages 1-96.
    14. Yulia Vymyatnina, 2013. "Money Supply and Monetary Policy in Russia: A Post-Keynesian Approach Revisited," EUSP Department of Economics Working Paper Series Ec-04/13, European University at St. Petersburg, Department of Economics.
    15. Anatolyev, Stanislav, 2008. "A 10-year retrospective on the determinants of Russian stock returns," Research in International Business and Finance, Elsevier, vol. 22(1), pages 56-67, January.
    16. Yulia Vymyatnina & Anna Ignatenko, 2011. "Inflation and Bank of Russia's Policy: Is There a Link?," EUSP Department of Economics Working Paper Series Ec-03/11, European University at St. Petersburg, Department of Economics, revised 04 Mar 2011.
    17. Yulia Vymyatnina, 2005. "Monetary Policy Transmission and Bank of Russia Monetary Policy," EUSP Department of Economics Working Paper Series Ec-02/05, European University at St. Petersburg, Department of Economics, revised Nov 2005.
    18. Trunin, P. & Vashchelyuk, N., 2015. "The Analysis of Money Supply Endogeneity in Russia," Journal of the New Economic Association, New Economic Association, vol. 25(1), pages 103-131.
    19. Vadim O. Grishchenko & Alexander Mihailov & Vasily N. Tkachev, 2021. "Money Creation in Russia: Does the Money Multiplier Exist?," Economics Discussion Papers em-dp2021-15, Department of Economics, University of Reading.
    20. Mr. Marco Gross & Christoph Siebenbrunner, 2019. "Money Creation in Fiat and Digital Currency Systems," IMF Working Papers 2019/285, International Monetary Fund.
    21. Tuuli Juurikkala & Alexei Karas & Laura Solanko, 2011. "The Role of Banks in Monetary Policy Transmission: Empirical Evidence from Russia," Review of International Economics, Wiley Blackwell, vol. 19(1), pages 109-121, February.

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