although loan growth in Russia converges to a long-run equilibrium determined by macroeconomic (demand) factors the convergence …

Using a macroeconometric framework, this paper analyses relationships among money, barter and inflation in Russia … open economy macro model, we estimate our model using structural cointegration and vector error correction methods. Our … to capture all the relevant information for inference on money and inflation in Russia. …

Russia's economy and fiscal policy is analysed using VAR methodology and cointegration techniques. The research period …Most people seem to think that Russia's economy and fiscal situation are still crucially tied up with international oil … statistics do not indicate that Russia's dependence on oil and the real exchange rate would somehow have weakened in recent years. …

Using cointegration and error-correction models, this paper analyses the relative impacts of the monetary, labour and … structural system approach in which cointegration relationships are used to derive deviations from steady-state levels. The …

traditional Balassa-Samuelson model. With this as a background, alternative cointegration methods are applied to time series …