Pro-inflationary effect of the high key rate in Russia
https://doi.org/10.18384/2949-5024-2026-2-6-17
Abstract
Aim. Quantitative assessment of the inflationary effects arising due to the high level of the key rate in Russia.
Methodology. The key research methods were statistical and comparative analysis. The labor market and the mechanism of inflationary expectations formed under the influence of external production and consumption shocks were analyzed.
Results. Quantitative assessments of the impact on inflation of increased production costs and growing inflationary expectations of businesses and the population due to the high key rate were obtained.
Research implications lies in the quantitative understanding of the mechanisms of reflection of external shocks of consumption and production in the economy, which allows for better consideration of them in the forecasting of their activities by enterprises and other economic agents and, as a result, to reduce the time of reaction to an external shock and the inevitable increase in costs during this period.
Keywords
About the Authors
L. Malinovskiy
Federal State University of Education
Russian Federation
Russian Federation
Leonid F. Malinovsky – Cand. Sci. (Economics), Assoc. Prof., Assoc. Prof., Financial, Economic and Business Education Department
Moscow
N. Degterev
Federal State University of Education
Russian Federation
Russian Federation
Nikita A. Degterev – Postgraduate Student, Financial, Economic and Business Education Department
Moscow
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