Modern monetary policy: Relevant criticism or misunderstanding in the expert community?

Polina Badasen; Alexander Isakov; Alexey Khazanov

doi:10.32609/0042-8736-2015-6-128-142

Modern monetary policy: Relevant criticism or misunderstanding in the expert community?

Polina Badasen, Alexander Isakov, Alexey Khazanov

Research output: Contribution to journal › Article › peer-review

Abstract

In this paper we provide the analysis of monetary policy issues on which the expert community and the authorities do not have common point of view. We suggest arguments supporting the Bank of Russia’s position regarding the interpretation of current economic situation and we also respond to the critique concerning the inconsistency and the lack of transparency of monetary policy.

Original language	English
Pages (from-to)	128-142
Number of pages	15
Journal	Voprosy Ekonomiki
Volume	2015
Issue number	6
DOIs	https://doi.org/10.32609/0042-8736-2015-6-128-142
State	Published - 2015
Externally published	Yes

Keywords

Key interest rate
Monetary policy
Potential output
Taylor rule

All Science Journal Classification (ASJC) codes

Business and International Management
History
Economics and Econometrics
General Economics,Econometrics and Finance

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.32609/0042-8736-2015-6-128-142

Cite this

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title = "Modern monetary policy: Relevant criticism or misunderstanding in the expert community?",

abstract = "In this paper we provide the analysis of monetary policy issues on which the expert community and the authorities do not have common point of view. We suggest arguments supporting the Bank of Russia{\textquoteright}s position regarding the interpretation of current economic situation and we also respond to the critique concerning the inconsistency and the lack of transparency of monetary policy.",

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author = "Polina Badasen and Alexander Isakov and Alexey Khazanov",

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AU - Isakov, Alexander

AU - Khazanov, Alexey

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AB - In this paper we provide the analysis of monetary policy issues on which the expert community and the authorities do not have common point of view. We suggest arguments supporting the Bank of Russia’s position regarding the interpretation of current economic situation and we also respond to the critique concerning the inconsistency and the lack of transparency of monetary policy.

KW - Key interest rate

KW - Monetary policy

KW - Potential output

KW - Taylor rule

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U2 - 10.32609/0042-8736-2015-6-128-142

DO - 10.32609/0042-8736-2015-6-128-142

M3 - مقالة

SN - 0042-8736

VL - 2015

SP - 128

EP - 142

JO - Voprosy Ekonomiki

JF - Voprosy Ekonomiki

IS - 6

ER -

Modern monetary policy: Relevant criticism or misunderstanding in the expert community?

Abstract

Keywords

All Science Journal Classification (ASJC) codes

UN SDGs

Access to Document

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