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Article

Об инфляционных взаимосвязях между регионами

Кириллов А. М., Суляндзига П. Б.

The paper proposes a structural model of inflationary relationship between do-mestic regions. The model shows that foreign inflation and regional internal inflation ex-pectations are key structural determinants of price growth pace in regions. In case of auto-regressive inflation expectations, it is demonstrated how price dynamics shocks in foreign economies are transferred to the regional inflations in domestic economy.