Cash in circulation in Russia

Published: 8 September 2020| Version 1 | DOI: 10.17632/hchknjswvh.1
Contributor:
Marina Batova

Description

Statistical data of official Russian sources were used to specify and identify the model for forecasting the amount of cash in circulation in the country, namely the value of the monetary aggregate M0, by the example of the Russian Federation. The source of statistical data on the inflation rate Inf (%) is the Federal State Statistics Service of the Ministry of Economic Development of the Russian Federation (Rosstat) with its website gks.ru. The source of statistical data on the monetary aggregate М0 is the Central Bank of the Russian Federation, website crb.ru. For the research and the construction of the model, a sample covering official statistical data by months for a 21-year period: from January 1999 to December 2019, was used by the author. Thus, the total sample size was 252 observations.

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