(The Degree of Import Price Rigidity with Respect to Exchange Rate Fluctuations and Importing Firm Characteristics in Russian Economy)

2017 ◽  
Author(s):  
Yury Andreevich Pleskachev ◽  
Yuriy Ponomarev
2017 ◽  
Author(s):  
Yuriy Ponomarev ◽  
Yury Andreevich Pleskachev

2010 ◽  
pp. 63-81
Author(s):  
S. Smirnov ◽  
E. Balashova ◽  
L. Posvyanskaya

The Banks of Russia exchange rate policy influences strongly the competitiveness of national producers at macrolevel. However, the structural consequences of this policy are not thoroughly studied. In particular, it is still almost unknown, which industries and commodities have high, medium or low sensitivity to exchange rate fluctuations. The article considers different approaches to the problem, all based on detailed statistical data. The conclusion is made that any exchange rate policy is an inappropriate tool to influence the structure of Russian economy.


2004 ◽  
pp. 95-111
Author(s):  
T. Zolotoukhina

The problem of interaction between Russian currency appreciation and positive dynamics of macroeconomic indicators is studied. Main economic factors of ruble appreciation are analyzed. Consequences of the Russian Central Bank's policy directed to oppose ruble appreciation and problems in financial area due to the increase of money supply through the exchange market are considered. Influence of exchange rate appreciation on economic growth, inflation, export, import, capital flows are discussed. It is concluded that Russian ruble appreciation stimulates an increase in efficiency of the Russian economy.


2004 ◽  
pp. 4-27 ◽  
Author(s):  
V. Lisin

The problem of interaction between Russian currency appreciation and positive dynamics of macroeconomic indicators is studied. Main economic factors of ruble appreciation are analyzed. Consequences of the Russian Central Bank's policy directed to oppose ruble appreciation and problems in financial area due to the increase of money supply through the exchange market are considered. Influence of exchange rate appreciation on economic growth, inflation, export, import, capital flows are discussed. It is concluded that Russian ruble appreciation stimulates an increase in efficiency of the Russian economy.


2019 ◽  
pp. 90-96
Author(s):  
M.P. Tskhovrebov ◽  
A.S. Tanasova

The article is devoted to the «Trilemma» of the policy of the monetary authorities, or the «rule of impossible trinity». This policy compatibility rule, formulated more than 50 years ago, remains relevant today. Its reliability is generally confirmed by a number of empirical studies, although there are also suggestions on the need to adjust this economic and theoretical development. The corresponding discussion also affects the policy of the Bank of Russia (mega-regulator), which carries out inflation targeting in conditions of the free movement of cross-border capital and the use of a floating ruble exchange rate. Regarding the effectiveness of this policy, carried out in the presence of increased sensitivity of the Russian economy to external shocks, the authors express certain doubts.


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