Template-Type: ReDIF-Article 1.0 Author-Name: Polbin Andrei Author-Name-First: Andrei Author-Name-Last: Polbin Author-Workplace-Name: Gaidar Institute for Economic Policy Author-Name: Sinelnikov-Murylev Sergey Author-Name-First: Sergey Author-Name-Last: Sinelnikov-Murylev Author-Workplace-Name: VAVT Title: A simple macro-econometric simultaneous equation model for the Russian economy Abstract: This paper presents a simple macro-econometric simultaneous equation model for the Russian economy. The model sets the relationship between consumer and investment demand with current income, and income itself is defined as the sum of consumption, investment, government spending and net exports. Despite the extreme simplicity of the model, it shows reasonably good explanatory properties and the parameter estimates are interpretable. Classification-JEL: C32, E27, E62 Keywords: Russian economy, modelling, macroeconomic indicators Year: 2020 Issue: 180P Month: Pages: 51 File-URL: https://www.iep.ru/files/RePEc/gai/rpaper/rpaper-2020-180P-1005.pdf File-Format: application/pdf File-Function: Revised Version, 2020 Handle: RePEc:gai:rpaper:rpaper-2020-180P-1005