IDEAS home Printed from https://ideas.repec.org/p/aob/wpaper/29.html
   My bibliography  Save this paper

Динамическая факторная модель инфляции для Казахстана // Dynamic Factor Model of Inflation for Kazakhstan

Author

Listed:
  • Ержан Ислам // Yerzhan Islam

    (National Bank of Kazakhstan)

  • Сейдахметов Ансар // Seidakhmetov Ansar

    (National Bank of Kazakhstan)

Abstract

Для центральных банков, придерживающихся политики инфляционного таргетирования, крайне важно отслеживать текущие тенденции развития инфляционных процессов. Помимо стандартного анализа влияния различных переменных необходимо понимание природы происхождения основных драйверов инфляционной динамики. В этой связи, приобретает особое значение постоянный анализ воздействия ненаблюдаемых переменных на инфляционные процессы. В рамках данной работы авторами были определены ненаблюдаемые переменные и произведена количественная оценка их влияния на динамику инфляционных процессов. // It is extremely important for central banks adhering to the policy of inflation targeting to monitor the current trends in the development of inflationary processes. In addition to the standard analysis of influence by various variables, it is necessary to understand the nature of where the main drivers of inflationary dynamics are stemming from. In this regard, the constant analysis of the impact on inflationary processes by unobserved variables is of particular importance. As part of this study, the authors have defined unobserved variables and made a quantitative assessment of their effect on the dynamics of inflationary processes.

Suggested Citation

  • Ержан Ислам // Yerzhan Islam & Сейдахметов Ансар // Seidakhmetov Ansar, 2022. "Динамическая факторная модель инфляции для Казахстана // Dynamic Factor Model of Inflation for Kazakhstan," Working Papers #2022-4, National Bank of Kazakhstan.
    • Handle: RePEc:aob:wpaper:29
    as

    Download full text from publisher

    File URL: https://nationalbank.kz/file/download/76167
    File Function: Russian language version
    Download Restriction: no
    File URL: https://nationalbank.kz/file/download/76263
    File Function: English language version
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    инфляция; метод главных компонент; фактор; ненаблюдаемая переменная; вклад; декомпозиция; inflation; principal component analysis; factor; an unobserved variable; contribution; decomposition;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications
    • E39 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Other
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aob:wpaper:29. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Saida Agambayeva (email available below). General contact details of provider: https://edirc.repec.org/data/nbkgvkz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.