the Bank of Russia acts as if it had two conflicting targets: inflation stabilization and low real exchange rate, or … for forecasting the medium run dynamics of inflation and nominal exchange rate. It is also shown that commonly used … quadratic loss function that models inflation and real sector stabilization is not relevant in depicting the Bank’s behavior. …

inflation and rising asset values not only inside the country, but throughout the world. In the medium term, the Russian economy …

an investment resource and a medicine for inflation. However, mistakes made in managing the savings by economic … authorities, may turn everything upside down and then the savings become a cause of inflation and many other economic woes. This … same time, significantly reduce inflation. …