Series: IMF Working Papers
Author(s): Franziska Ohnsorge , and Nienke Oomes
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 2005
Keywords: Russia, foreign currency, money growth, money supply,
Money demand in dollarized economies often appears to be highly unstable, making it difficult to forecast and control inflation. In this paper, we show that a stable money demand function for Russia can be found fo...