Short-Term Projection Using the Monetary Efficiency Index
- Авторы: Balatsky E.V.1,2, Ekimova N.A.1
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Учреждения:
- Center for Macroeconomic Studies of the Financial University under the Government of the Russian Federation
- Central Economic Mathematical Institute Russian Academy of Sciences
- Выпуск: Том 29, № 4 (2018)
- Страницы: 423-432
- Раздел: Financial Problems
- URL: https://journals.rcsi.science/1075-7007/article/view/214166
- DOI: https://doi.org/10.1134/S1075700718040020
- ID: 214166
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Аннотация
This article has presented a short-term macroeconomic indicator, the index of monetary efficiency, which is an aggregate of two subindices, i.e., monetary stability and monetary freedom. An econometric model has been constructed, in which the GDP depends on the index of monetary efficiency with a lag of 8 months, which allows for the proactive prediction of economic growth. All analytical tools have been evaluated based on the statistical data of the Bank of Russia with a monthly breakdown.
Об авторах
E. Balatsky
Center for Macroeconomic Studies of the Financial University under the Government of the Russian Federation; Central Economic Mathematical Institute Russian Academy of Sciences
Автор, ответственный за переписку.
Email: evbalatsky@inbox.ru
Россия, Moscow; Moscow
N. Ekimova
Center for Macroeconomic Studies of the Financial University under the Government of the Russian Federation
Email: evbalatsky@inbox.ru
Россия, Moscow
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