ВЗАИМОСВЯЗЬ МЕЖДУ ИНФЛЯЦИЕЙ, ДЕНЕЖНОЙ МАССОЙ И БЮДЖЕТНЫМ ДЕФИЦИТОМ В КЫРГЫЗСТАНЕ

Year 2017, Issue: 75, 52 - 59, 01.05.2017

Sheraly Abakirov , Junus Ganiev

Abstract

Эмпирический анализ взаимосвязи между инфляцией, денежной массой и бюджетным
дефицитом в Кыргызстане показал, что между денежной массой М2 и инфляцией не
существует статистически значимой взаимосвязи. С другой стороны, денежная масса М2Х и
бюджетный дефицит имеют влияние на уровень цен в стране. Даны некоторые предложения,
направленные на обеспечение стабильности цен.

Keywords

инфляция, денежная масса, бюджетный дефицит

THE RELATIONSHIP BETWEEN INFLATION, MONEY SUPPLY AND THE BUDGET DEFICIT IN KYRGYZSTAN

Abstract

This article provides an empirical analysis of the relationship between inflation, the money
supply and the budget deficit in Kyrgyzstan. The results showed that there is no statistically
significant relationship between the broad money M2 and inflation. On the other hand, the M2X
and the budget deficit have an impact on the price level in the country. In accordance with the
analysis, at the end of the article, some suggestions are made to ensure price stability.

Keywords

inflation, money supply, budget deficit

THE RELATIONSHIP BETWEEN INFLATION, MONEY SUPPLYAND THE BUDGET DEFICIT IN KYRGYZSTAN

Abstract

This article provides an empirical analysis of the relationship between inflation, the money supply and the budget deficit in Kyrgyzstan. The results showed that there is no statistically significant relationship between the broad money M2 and inflation. On the other hand, the M2X and the budget deficit have an impact on the price level in the country. In accordance with the analysis, at the end of the article, some suggestions are made to ensure price stability

Keywords

inflation, money supply, budget deficit

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