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Russian agri-food sector: 16 months after the breakdown of the monetary system

Poganietz, Witold-Roger - 2000

In August 1998 the Russian foreign exchange market and financial system collapsed. As a consequence the rouble devaluated in real terms against the currencies of the main trade partners, generating an output push in the agri-food sector. This improved the financial health of most producer, thus...

Persistent link: https://www.econbiz.de/10010299436

Russia's Financial Markets Boom, Crisis and Recovery 1995-2001: Lessons for Emerging Markets Investors

Süppel, Ralph - 2003

From 1995 to 2001 Russia witnessed an asset market boom, a deep financial crisis, and a surprisingly forceful recovery …. An event study of this episode provides important insights for Emerging Market investment and Russia's medium … conditions. Together with persistent commitment towards international integration this heralds a long-term convergence of Russia …

Persistent link: https://www.econbiz.de/10011689911

Monetary policy rules for Russia

Esanov, Akram; Merkl, Christian; Vinhas de Souza, Lúcio - 2004

The paper reviews the recent conduct of monetary policy and the central bank’s rule-based behavior in Russia. Using … different policy rules, we test whether the central bank in Russia reacts to changes in inflation, output gap and the exchange … rate in a consistent and predictable manner. Our results indicate that during the period of 1993-2002 the Bank of Russia …

Persistent link: https://www.econbiz.de/10010283277

Russian monetary policy: Assessing the track record

Buch, Claudia M. - 1996

Since early 1995, monetary stabilization has gradually been achieved in Russia. Extremely high real interest rate have …

Persistent link: https://www.econbiz.de/10010275459

Währungsreformen im Vergleich: monetäre Strategien in Rußland, Weißrußland, Estland und der Ukraine

Buch, Claudia M.; Koop, Michael J.; Schweickert, Rainer; … - 1995

Persistent link: https://www.econbiz.de/10010314087

When countries do not do what they say: Systematic discrepancies between exchange rate regime announcements and de facto policies

Bersch, Julia; Klüh, Ulrich H. - 2007

We study the apparent disconnect between what countries announce to be their exchange rate regime and what they de facto implement. Even though discrepancies between announcements and de facto polices are frequent, there is a lack of understanding of actual patterns and underlying reasons. We...

Persistent link: https://www.econbiz.de/10010427488

The East European financial crisis

Åslund, Anders - 2009

This paper discusses the global financial crisis of 2008/9 in thirteen countries, the ten new EU members that previously were communist and the three countries of Western former Soviet Union. Their problems were excessive current account deficits and private foreign debt, currency mismatches,...

Persistent link: https://www.econbiz.de/10011430838

Rules, discretion or reputation? Monetary policies and the efficiency of financial markets in Germany, 14th to 16th centuries

Volckart, Oliver - 2007

This paper examines the questions of whether and how feudal rulers were able to credibly commit to preserving monetary stability, and of which consequences their decisions had for the efficiency of financial markets. The study reveals that princes were usually only able to commit to issuing a...

Persistent link: https://www.econbiz.de/10010263676

Opting out of the great inflation: German monetary policy after the breakdown of Bretton Woods

Beyer, Andreas; Gaspar, Vítor; Gerberding, Christina; … - 2009

During the turbulent 1970s and 1980s the Bundesbank established an outstanding reputation in the world of central banking. Germany achieved a high degree of domestic stability and provided safe haven for investors in times of turmoil in the international financial system. Eventually the...

Persistent link: https://www.econbiz.de/10010298759

Opting out of the great inflation: German monetary policy after the break down of Bretton Woods

Beyer, Andreas; Gaspar, Vítor; Gerberding, Christina; … - 2008

Persistent link: https://www.econbiz.de/10010303730