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Identifying the Main Determinants of Consumer Price Growth in the Russian Economy Under the Inflation Targeting Policy
[Выявление Основных Детерминант Роста Потребительских Цен В Российской Экономике В Условиях Политики Инфляционного Таргетирования]

Author

Listed:
  • Korishchenko, Konstantin (Корищенко, Константин)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

  • Pilnik, Nikolay (Пильник, Николай)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

  • Ivanova, Maria (Иванова, Мария)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

Abstract

The econometric model of inflation formation depending on the dynamics of the main factors is used as a research tool. According to the presented model, the main generators of volatility are the volatility of oil prices and the policy regime of course management.

Suggested Citation

  • Korishchenko, Konstantin (Корищенко, Константин) & Pilnik, Nikolay (Пильник, Николай) & Ivanova, Maria (Иванова, Мария), 2018. "Identifying the Main Determinants of Consumer Price Growth in the Russian Economy Under the Inflation Targeting Policy [Выявление Основных Детерминант Роста Потребительских Цен В Российской Экономи," Working Papers 041834, Russian Presidential Academy of National Economy and Public Administration.
    • Handle: RePEc:rnp:wpaper:041834
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    References listed on IDEAS

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    1. Коссов Владимир Викторович, 2005. "Относительные Цены Как Инструмент Среднесрочного Прогнозирования Оптовых Цен (На Примере Цен На Электроэнергию)1," Studies on Russian Economic Development Проблемы прогнозирования, CyberLeninka;Федеральное государственное бюджетное учреждение науки Институт народнохозяйственного прогнозирования Российской академии наук, issue 6, pages 60-76.
    2. Сосунов Кирилл Александрович & Шмыкова С. В., 2005. "Влияние Валютного Курса На Потребительские Цены В России," Higher School of Economics Economic Journal Экономический журнал Высшей школы экономики, CyberLeninka;Федеральное государственное автономное образовательное учреждение высшего образования «Национальный исследовательский университет «Высшая школа экономики», vol. 9(1), pages 3-16.
    3. Elena Deryugina & Alexey Ponomarenko, 2013. "Money-based inflation risk indicator for Russia: a structural dynamic factor model approach," Joint Research Papers 3, Centre for Central Banking Studies, Bank of England.
    4. Mr. Hamid Faruqee, 2004. "Exchange Rate Pass-Through in the Euro Area: The Role of Asymmetric Pricing Behavior," IMF Working Papers 2004/014, International Monetary Fund.
    5. Пильник Николай Петрович & Поспелов Игорь Гермогенович & Станкевич Иван Павлович, 2015. "Об Использовании Фиктивных Переменных Для Решения Проблемы Сезонности В Моделях Общего Экономического Равновесия," Higher School of Economics Economic Journal Экономический журнал Высшей школы экономики, CyberLeninka;Федеральное государственное автономное образовательное учреждение высшего образования «Национальный исследовательский университет «Высшая школа экономики», vol. 19(2), pages 249-270.
    6. Поляков Игорь Владимирович & Михайленко Кирилл Владимирович, 2002. "Анализ Факторов И Моделирование Инфляции На Потребительском Рынке В 2000-2001 Гг," Studies on Russian Economic Development Проблемы прогнозирования, CyberLeninka;Федеральное государственное бюджетное учреждение науки Институт народнохозяйственного прогнозирования Российской академии наук, issue 3, pages 152-157.
    7. Осипова Оксана Александровна, 2003. "Базовая Инфляция И Влияние Денежных Факторов На Инфляционные Процессы," Studies on Russian Economic Development Проблемы прогнозирования, CyberLeninka;Федеральное государственное бюджетное учреждение науки Институт народнохозяйственного прогнозирования Российской академии наук, issue 3, pages 120-131.
    8. Joseph E. Gagnon & Jane E. Ihrig, 2001. "Monetary policy and exchange rate pass-through," International Finance Discussion Papers 704, Board of Governors of the Federal Reserve System (U.S.).
    9. Ms. Agnes A Belaisch, 2003. "Exchange Rate Pass-Through in Brazil," IMF Working Papers 2003/141, International Monetary Fund.
    10. Mr. Ashok Bhundia, 2002. "An Empirical Investigation of Exchange Rate Pass-Through in South Africa," IMF Working Papers 2002/165, International Monetary Fund.
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    Keywords

    consumer inflation; inflation targeting; volatility; currency corridor; gold reserves;
    All these keywords.

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