monetary aggregates
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Structural Breaks and the Dynamic Effects of Inflation and Growth Rates on Monetary Aggregates
The paper addresses the problem of determining the order of levels of inflation integration and growth rates on monetary aggregates as a result of multiple structural breaks on the dynamics of these economic variables.
BEROC. Belarusian economic research and outreach center -
Dynamics of inflation and monetary aggregates in Belarus: stationary process or a random correlation?
This paper looks at the dynamic properties of inflation (based on the GDP deflator or implicit price deflator and the consumer price index) and the growth of the different monetary aggregates (M0, M1, M2 and M3) in Belarus.
BEROC. Belarusian economic research and outreach center