Template-Type: ReDIF-Article 1.0
Author-Name: Elena Sinelnikova-Muryleva 
Author-Name-First: Elena        
Author-Name-Last: Sinelnikova-Muryleva
Author-Workplace-Name: Gaidar Institute for Economic Policy
Title: Innovations in the sphere of payments and the money demand in Russia 
Abstract: This publication deals with the money demand in Russia from 1995 through 2010. Specifi cally, the work addresses the issue whether the use of payment cards has a signifi cant impact on the money demand. The results indicate that the monetary aggregate M1 can be a tool in conducting monetary policy.
Year: 2011
Issue: 157P
File-URL: http://www.iep.ru/files/RePEc/gai/rpaper/64Sinelnikova.pdf
File-Format: Application/pdf
File-Function: Revised version, 2012
Classification-JEL: E41, E42, C22
Keywords: payments,  money demand, Russia, monetary policy
Handle: RePEc:gai:rpaper:64
Language:ru