Do Oil Shocks Matter for Inflation Rate in Russia: An Empirical Study of Imported Inflation Hypothesis
<p>In this article we aim to assess the impact of world oil prices shocks on inflation dynamics in Russia. Based on the data for the period 2010-2017 for Russia we explore the relationship between world oil prices (Brent), exchange rate and Russian consumption price index using a VEC framework...
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| Format: | Article |
| Language: | English |
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EconJournals
2019-02-01
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| Series: | International Journal of Energy Economics and Policy |
| Online Access: | https://www.econjournals.com/index.php/ijeep/article/view/7359 |