Sanctions and the Exchange Rate

Abstract Stabilising the exchange rate allows the Russian government to anchor inflation expectations and support consumption but comes at the cost of the financial repression of domestic savers.

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Bibliographic Details
Main Authors: Oleg Itskhoki, Dmitry Mukhin
Format: Article
Language:English
Published: Springer 2022-06-01
Series:Intereconomics
Online Access:https://doi.org/10.1007/s10272-022-1050-9
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author Oleg Itskhoki
Dmitry Mukhin
author_facet Oleg Itskhoki
Dmitry Mukhin
author_sort Oleg Itskhoki
collection DOAJ
description Abstract Stabilising the exchange rate allows the Russian government to anchor inflation expectations and support consumption but comes at the cost of the financial repression of domestic savers.
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institution Kabale University
issn 1613-964X
language English
publishDate 2022-06-01
publisher Springer
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spelling doaj-art-a3dd92d6136948dc91cba08e5e09aaf92025-01-17T08:34:14ZengSpringerIntereconomics1613-964X2022-06-0157314815110.1007/s10272-022-1050-9Sanctions and the Exchange RateOleg Itskhoki0Dmitry Mukhin1Department of Economics, University of CaliforniaDepartment of Economics, London School of EconomicsAbstract Stabilising the exchange rate allows the Russian government to anchor inflation expectations and support consumption but comes at the cost of the financial repression of domestic savers.https://doi.org/10.1007/s10272-022-1050-9
spellingShingle Oleg Itskhoki
Dmitry Mukhin
Sanctions and the Exchange Rate
Intereconomics
title Sanctions and the Exchange Rate
title_full Sanctions and the Exchange Rate
title_fullStr Sanctions and the Exchange Rate
title_full_unstemmed Sanctions and the Exchange Rate
title_short Sanctions and the Exchange Rate
title_sort sanctions and the exchange rate
url https://doi.org/10.1007/s10272-022-1050-9
work_keys_str_mv AT olegitskhoki sanctionsandtheexchangerate
AT dmitrymukhin sanctionsandtheexchangerate