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

Author

Listed:
  • Bulat Mukhamediyev

    (Al-Farabi Kazakh National University, Kazakhstan)

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.

Suggested Citation

  • Bulat Mukhamediyev, 2007. "Monetary policy rules of the National Bank of Kazakhstan (in Russian)," Quantile, Quantile, issue 3, pages 91-106, September.
    • Handle: RePEc:qnt:quantl:y:2007:i:3:p:91-106
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    References listed on IDEAS

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    Cited by:

    1. Mohamed El-Hodiri & Bulat Mukhamediyev, 2014. "Monetary Policy Rules in Some Transition Economies," Eurasian Journal of Economics and Finance, Eurasian Publications, vol. 2(3), pages 26-44.

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    More about this item

    Keywords

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    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; Dynamic Treatment Effect Models; Diffusion Processes

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