6 research outputs found
What drives belarusian export? an econometric exercise
No full textAccording to modern textbook theory, export is generally assumed to be
driven by demand factors, namely foreign demand and relative prices. Using the
combination of theory and econometric modeling, we show that in 2003–2012
Belarusian export was largely driven by the supply side as well
A model of the interbank interest rate and its application in liquidity management by the national bank of Belarus
No full textOn the basis of the theoretical model proposed by W.Poole an econometric model of the Belarsian interbank market interest rate is formulated and estimated. The empirical results are used to conduct the analysis of the Belarusian interbank market, as well as to formulate policy recommendations for the liquidity management by the National Bank of Belarus
Modelling and Analysis of the Belarusian Interbank Market’s Rate
No full textA theoretical model of interbank market in national currency is developed.
Basing on it, an empirical error correction model of the interbank market’s rate
is estimated. It is shown that the model does not only reflect the dynamics of
the rate in the past, but may also be used for economic policy analysis given that
the National bank does not change its auction operations strategy
Modelling and Analysis of the Belarusian Interbank Market’s Rate
No full textA theoretical model of interbank market in national currency is developed.
Basing on it, an empirical error correction model of the interbank market’s rate
is estimated. It is shown that the model does not only reflect the dynamics of
the rate in the past, but may also be used for economic policy analysis given that
the National bank does not change its auction operations strategy
What drives belarusian export? an econometric exercise
No full textAccording to modern textbook theory, export is generally assumed to be
driven by demand factors, namely foreign demand and relative prices. Using the
combination of theory and econometric modeling, we show that in 2003–2012
Belarusian export was largely driven by the supply side as well
