Template-Type: ReDIF-Paper 1.0
Author-Name:  Elena Sinelnikova, 
Author-Name-First:  Elena
Author-Name-Last:  Sinelnikova
Author-Workplace-Name: Gaidar Institute for Economic Policy
Title:   Assessment of Money Demand in the Russian Economy with the Development of Banking Technology
Abstract: Traditional microeconomic approaches to demand for money problem are considered in the article. It also discusses current view of monetary theory on concept of “money”. New approach gives reasoning to existence of variety of payment innovations. It provides theoretical base for inclusion of variable that describes innovations in payment sphere into equation of money demand in Russia. As a result a stable (during 2000—2010 years) money demand equation is obtained
Length:  17 pages
Creation-Date: 2012
Revision-Date:   2013
Classification-JEL: E41, E31, E52, C22
Keywords: money demand, payment innovations, stability, search and matching theory
File-URL: https://www.iep.ru/files/RePEc/gai/ppaper/135Sinelnikova.pdf
File-Format: Application/pdf
File-Function: Revised version, 2013
Handle: RePEc:gai:ppaper:135